Media Release – Paint Shop Precinct – More Key Worker Housing for Redfern

MORE KEY WORKER HOUSING FOR REDFERN

A
new urban renewal project within walking distance of Redfern station will
include up to 600 build-to-rent and affordable homes, a new public parkland and
the adaptive reuse of the heritage-listed Clothing Store building.

Expressions
of interest are open for industry partners to jointly develop and operate the
site within the Clothing Store sub-precinct of Redfern-North Eveleigh.

Minister
for Infrastructure, Cities and Active Transport Rob Stokes said 90 per cent of
the homes would be build-to-rent or affordable housing, located within metres
of the burgeoning Tech Central precinct.

“The
people that make our city function shouldn’t have to commute for hours to get
to work, which is why we’re building more key worker housing in the inner
city,” Mr Stokes said.

“This
Government has committed to set aside 30 per cent of all residential stock on
our urban renewal precincts for affordable and diverse housing and on this
project we’ll deliver triple that target.

“This
will provide much-needed secure housing for renters, with 75 per cent of the
homes earmarked for build-to-rent housing and 15 per cent as affordable housing
for key workers.

“This
is another city-shaping precinct that will create 3,000 square metres of new,
green public parkland, reimagine the heritage-listed clothing store into a
space for the community, and play a critical role in bolstering Sydney’s status
as a 24-hour global city.”

Transport
Asset Holding Entity (TAHE) CEO Benedicte Colin said the precinct was being
delivered in partnership with Transport for NSW and had been subject to
community consultation.

“We’ve
worked with the community on the vision for this precinct and will continue to
do so over the coming months,” Ms Colin said.

“This
proposal highlights TAHE’s ability to deliver innovative housing models,
ideally located next to public transport, while maintaining long-term ownership
for the people of NSW.”

The selected proponent will manage the site on a
99-year ground lease. Eligible organisations can express interest until 4pm,
Monday 19 December, 2022 via
this link.
.