The precinct is undergoing significant growth and revitalisation. Jobs in the Parramatta CBD are forecast to grow from 51,000 in 2016 to 95,000 in 2036. Job and housing growth in the Parramatta CBD will lead to an increase in its social and economic prosperity. $20 billion is being invested citywide in buildings and infrastructure over the next five years.
Key projects include:
- Parramatta Square
- Parramatta Civic Link
- Powerhouse Precinct featuring the new Powerhouse Museum
- A world-class upgrade to Riverside Theatres along a revitalised river foreshore
- The newly opened Bankwest Stadium
- Multiple residential towers.
Planning For Growth In Parramatta CBD
To manage the significant growth and changes in the CBD, the City of Parramatta Council prepared a Planning Proposal to amend the planning controls for the CBD in the Parramatta Local Environmental Plan 2011 (PLEP 2011).
The purpose of the Parramatta CBD Planning Proposal is to:
- Expand to intensify its commercial core, which will position Parramatta as a dual CBD
- Bring vibrancy to the CBD through higher density mixed-use developments that surround the commercial core.
Transport in Parramatta CBD
Parramatta CBD is well-connected by public transport.
Council runs the free Parramatta Shuttle Bus that connects tourists, residents and commuters to the commercial, retail and recreational landmarks of the city. Trains, buses and ferries connect the Parramatta CBD with Sydney CBD and the wider metropolitan area.
Stage One of the Parramatta Light Rail project will run 12km and connect Parramatta CBD to Westmead and Carlingford. Stage One will be operational in 2023.
The Parramatta Wharf upgrade will improve commuter and visitor experience for those arriving and leaving the precinct via the Parramatta River.
The Parramatta CBD is also well-connected to major arterials, including the M4 Motorway, Great Western Highway, Windsor Road, Pennant Hills Road and James Ruse Drive.
For more information about the Parramatta CBD Planning Strategy and Parramatta CBD Planning Proposal, visit Council’s website.