Exclusive: ‘They’re asking for change’: New plan unveiled for unloved Sydney suburb
The NSW government has unveiled plans for a major redevelopment of a public housing estate in Riverwood, near Punchbowl, which would replace 1000 ageing units with close to 4000 private and social housing dwellings.
The 30-hectare Riverwood Estate sits just south of the M5 on Belmore Road, north of Riverwood train station, and has been earmarked for redevelopment since 2016. The government initially proposed 6000 new homes, but this was reduced to 3900 following an earlier consultation. “[There is] a long list of people who need social housing, and we need to address this urgently,” he said. “If we want to bring more people to the area, both private and social housing, we need to put in proper infrastructure. We need this development, but we need it to be the right development.”
The work will be done in stages over 15 to 20 years and is expected to generate about 11,000 jobs and $2 billion in local investment. The finished precinct would also have 4.8 hectares of new or upgraded open space.A “place strategy” produced by design firm Architectus for the government says the case for renewing Riverwood is particularly strong because about 10 per cent of the 50,000 people on the NSW social housing waiting list are in the four allocation zones surrounding the estate.
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