Communities Plus - Waterloo Redevelopment
Preferred bidder announced
Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.
The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).
Preferred bidder announced
A preferred bidder has been selected and is in exclusive negotiations.
Projects that have progressed to contractual close remain on ANZIP for 12 months.
ANZIP is focused only on major infrastructure activity, above the following thresholds:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
Following the NSW Government’s announcement of the new Waterloo Metro Station, the Waterloo social housing estate will be redeveloped with new social housing and more affordable and private housing.
The Waterloo Redevelopment Precinct covers land owned by the NSW Government, including the Waterloo social housing estate and the land around and above the new Waterloo metro station, known as the Metro Quarter. It also includes a number of privately owned properties.
At planning stages, the redevelopment has been devided into following sub-precincts:
- Waterloo South
- Waterloo Central, and
- Waterloo North.
The revised proposal for Waterloo South, which accounts for 65 per cent of the entire site, will provide more open space, wider tree-lined streets, reduced building heights and bike paths through the precinct. The new proposal includes the development of around 3000 new properties, 30 per cent of which will be social housing.
Jul 2020: The City of Sydney presented an overview of the planning proposal to the community at a public meeting .
May 2020: NSW Land and Housing Corporation lodged a revised planning proposal with the City of Sydney to for Waterloo South sub-precinct. The City of Sydney will review and assess relevant documents, prior to determining how and when to proceed with statutory public consultation.
Jan 2019: NSW Government has unveiled the preferred masterplan for the Waterloo precinct.
Last reviewed: 03/11/2020