The suburb of Riverwood is set to become a Priority precinct, as announced by the NSW Government. This will involve more high density around the suburbs transport nodes, mainly their current Riverwood railway station which is under 30 minutes from the Sydney CBD.
Here is a run-down of some frequently asked questions which will help indicate the future direction of the Riverwood priority precinct:
Why is this precinct of interest?
Riverwood is well-connected to public transport, including the Inner West train line and frequent bus services.
It takes under 25 minutes to reach the Sydney CBD by train from this precinct, making it suitable for increased housing supply.
Government’s investment in the renewal of the Riverwood Estate will be a catalyst for renewal for the station precinct also.
How will infrastructure be planned and funded?
With increased population and more housing, infrastructure and open space are needed. Councils deliver infrastructure such as local roads and parks which are funded by council rates or by developers.
When more significant state infrastructure, such as emergency services, schools, state and district roads, district open space and transport facilities, are needed, the Planning Minister will consider declaring the precinct a Special Contribution Area.
This means infrastructure will be funded by developers through a Special Infrastructure Contribution (SIC).
What are the benefits to the community?
Providing housing and jobs close to public transport, shops and services makes life more convenient and enjoyable and reduces traffic congestion. Providing a range of housing types helps people live close to family and friends, no matter what their life stage.
Better coordination across government helps ensure infrastructure such as schools, parks, community facilities, public transport and road upgrades is delivered to support community needs.
How can the community get involved?
We work closely with the community, councils and other stakeholders on a range of opportunities to participate in planning for each precinct. This includes surveys, project updates, social media, public events, face to face meetings and formal submissions.
Before we start preparing plans we’d like to hear from you about what you value in your area, what works well and what could be improved.
The Planning Process for the Riverwood Precinct
Riverwood Precinct Location
Information for this precinct was taken from the NSW Planning fact sheet.