$123M INVESTMENT IN REDFERN GIVEN PLANNING GO-AHEAD

A major media hub proposed for
the Australian Technology Park at Redfern has been given planning approval by
the NSW Government reports a media Release from Minister frank Sartor on 6th
February 2007.

Planning Minister Frank Sartor
said the $123 million proposal is a direct result of the Government’s efforts
to drive new jobs and investment to Redfern and Waterloo.

“This project will be the
biggest commercial investment in Redfern for at least a decade and is a major
boost for urban renewal,” Mr Sartor said.

“The new state-of-the-art
facility at the Australian Technology Park (ATP) is set to house two of Sydney’s biggest media
companies, Channel Seven and Pacific Magazines.

“The new production studios and
commercial offices are expected to bring up to 2,000 permanent jobs to Redfern
and create up to 600 construction jobs, including at least 60 jobs for
indigenous workers.

“This project marks the next
stage in the ATP’s transformation from 14 hectares of disused railway workshops
into a world class technology and business centre.”

The new 43,500m2 media complex
will be built on vacant land and includes four television studios and a
12-storey office building.

A new public plaza will be
created as part of the project, along with ground floor retail shops and cafes.

A concept plan for the project
was publicly exhibited in September and October 2006 and issues raised in
submissions led to a number of changes and conditions:

·         
A proposed Communications Tower has been reduced in height from approximately
15 metres above the roof of the plant room to 5 metres;

·         
A proposed
landscaped open roof was not clearly defined and any future use of the roof
area as an outdoor terrace will require further planning approval;

·         
A noise management
plan will be put in place during construction and operation of the facility to
minimise any impacts.

Mr Sartor said he had also
approved an Early Works Project Application allowing the site to be excavated
and archaeological investigations to take place.

“This is a landmark project
for Redfern that will provide a major boost to the local economy and employment
opportunities.”

http://www.redfernwaterloo.nsw.gov.au/other/media_releases/070206%20_atp.pdf

Original Announcement: http://www.redfernwaterloo.nsw.gov.au/other/premiers_media_rel_280606.pdf

Concept Plans:http://www.planning.nsw.gov.au/asp/06_0149.asp