Unique and Simultaneous Development
What's unique about Parramatta's story is the scale and simultaneous nature of the municipal developments.
- $20 billion dollars of public and private investment
- A 5 year development timeline
- The largest urban transformation project in Australia
Combine this infrastructure with accessibility and corporate office rents roughly half of what is offered in Sydney and its easy to understand why savvy CEOs as well as commercial and residential property developers along with retail & small businesses are making the investment in Parramatta.
Set to transform the way people move around Western Sydney, by 2026 around 28,000 people will use the Parramatta Light Rail every day.
This important cultural facility will boost economic growth, creating new jobs and delivering world-class opportunities for education and research.
WESTERN SYDNEY AIRPORT
Opening in 2026, thousands of jobs and opportunities for businesses are expected to be created by Sydney’s state-of-the-art second airport.
With a train every two minutes, this transformative project will double Parramatta’s rail capacity, link new communities to rail services and unlock housing supply and employment growth.
EDUCATION AND TRAINING SECTOR
Parramatta’s education and training sector is a $1.2 billion industry. It employed more than 12,000 workers in 2017/18 and been one of the fastest growing industries.
Parramatta’s brand-new, 30,000 seat sport and entertainment venue is open and is an iconic home for a variety of large-scale events and sporting codes.
Investment in upgrading the Westmead health, education and research precinct will ensure Parramatta’s fast-growing population can access high-quality healthcare for years to come.
The new Parramatta Wharf is set to enhance the quality of ferry services overall, improving everything from safety and seating to signage and lighting.
Stretching along the riverbank to Parramatta Square a vibrant new public precinct will be an active public space and host major city events throughout the year.