$100m to be stripped from upgrade of Sydney’s Central Station | Mattonews
to sell or redevelop land across Sydney’s rail network and morph into a big property developer to deliver more than $40 billion in government windfalls.
Part of that plan over the next three years is to accelerate work on an $11.6 billion development of 24 hectares of government-owned land in and around Central Station, as well as a further 10 hectares at Redfern and North Eveleigh.The confidential documents show plans to sell or develop a 3500-square-metre site on Gibbons Street near Redfern station, as well as a precinct around the historic Clothing Store building at North Eveleigh.
“If TAHE wasn’t bankrolling a battalion of consultants to flog off the public’s assets, it would have more money to spend on maintaining them,” he said. Internal documents show TAHE plans to spend $34.5 million on consultants over four years. Late last year it hired PR firm SEC Newgate toA TAHE spokeswoman said the corporation had not finalised detailed plans for the Central Station upgrade and continued to work on the proposal.
“We will always strive for the most cost-effective option without compromising on quality or safety,” she said.
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