Twelve football fields worth of new shopping are set to spring up in Sydney’s west in a fashion discount bonanza.
Major rezonings at Penrith, Narellan and Liverpool yesterday will result in another 100,000sq m of retail being built, with a combined value of more than $1.1 billion.
Penrith Panthers, the Narellan Town Centre and the embattled Orange Grove factory outlet, which was forced to close eight years ago, will now be able to lodge new detailed proposals amid hopes new shops can be open by this time next year.
The decision promises to breathe new life into Orange Grove which was shut down in 2004 after a court ruled Liverpool Council’s approval was illegal, causing the council to be sacked and triggering an ICAC inquiry. All parties were cleared of wrongdoing.
Gazcorp director Nabil Gazal Jr said he was overjoyed with the rezoning of the 19,000sq m Orange Grove retail centre, which at the moment was being used as a weekend market, to allow discount outlet stores seven days a week – creating 400 permanent jobs.
“It’s been a long journey – 10 years in the making, we are so happy to be able to open it,” Mr Gazal said.
“We have to get the DAs through council and I imagine it will be done within two months. We are looking at opening between Easter and halfway through next year.”
Rezoning Narellan town centre in Camden has paved the way for a $300 million expansion of the existing supercentre, doubling its size to more than 90,000sq m.
It will bring nearly 1700 permanent jobs and 1500 jobs during construction.
One of the biggest projects in the west, the $850 million Penrith Panthers will create up to 12,500sq m of retail development, a 25,000sq m brand outlet centre along with offices, hotels and apartments creating up to 2100 new jobs.
Sydney’s southwest, home to Liverpool and Narellan, is one of the fastest-growing regions in NSW, with nearly 500,000 more people expected to live in the area by 2031, while the population of Penrith is expected to rise by 27 per cent by 2031.
“Providing more retail space helps put downward pressure on prices and lowers the cost of living,” NSW Planning deputy director-general Richard Pearson said.
“These rezonings will allow retail development to provide the capacity needed to service the strong population growth as more suburbs are developed.
“The jobs created by the rezonings will also help the NSW government deliver 50 per cent of Sydney’s new jobs to the city’s western suburbs, a target set in our draft Metropolitan Strategy for Sydney.”
Development applications at each of the sites need to be approved before any construction can begin.
Reinvent Your Career would like to thank www.dailytelegraph.com.au where this article first appeared.