The City of Sydney will spend almost $200 million on major projects in the next financial year.
Projects in the Green Square neighbourhood, parks and open spaces are reportedly set to benefit, while environmental performance of city properties and facilities will also be improved.
The Green Square neighbourhood is an old industrial estate a short way from the city and airport, which is being transformed into a sustainable and connected community.
Approximately 61,000 people are expected to live in the Green Square neighbourhood by 2030, according to the City of Sydney.
The continuation of a large-scale urban renewal, including the construction of an aquatic centre, central park as well as major street works, is improving the area.
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Green infrastructure projects such as an energy efficiency program for the council’s major properties, energy services at Cook + Phillip Aquatic Centre, a water harvesting treatment plant at Sydney Park and installation of solar panels on City-owned properties will progress.
Works will be funded for the Johnstons Creek plan which will aim to protect and enhance harbour foreshore area at Glebe, Annandale and Forrest Lodge.
Funds will also be allocated for the latest instalment of the city’s contribution to the NSW Government’s light rail project.
Parks and open spaces, such as a new skate park at Sydney Park, will also receive a significant boost as part of the city’s asset enhancement works.
“With so many of our residents living in apartments, parks and open spaces become their common backyard,” Lord Mayor Clover Moore said. “That’s why we are prioritising planting trees, upgrading our parks and creating more green spaces for people to enjoy.”
The 2019/20 capital works program totals $196.4 million. Around $100 million of that will be dedicated to major projects, $36 million to asset enhancements and nearly $57 million for capital renewal programs.
The funding comes from the $1.6 billion dollar 10-year budget for capital works in the city.