Keneally Creates Sydney Metropolitan Development Authority

The Sydney Metropolitan Development Authority would be similar to the highly successful Redfern Waterloo Authority and the Barangaroo Delivery Authority reports this media release from the Premier.

It would be responsible for implementing the integrated metropolitan land use strategy.

It will report to the Minister for Roads and Transport and the Minister for Planning and have its own board.

The Sydney Metropolitan Development Authority complements the Federal Government’s renewed focus on cities, building on the Prime Minister’s vision for productive, affordable and sustainable and liveable cities.

The Federal Government – through the Federal Infrastructure Minister – will play a key role in the new authority including a position held by the Commonwealth on the development authority’s board.

Ms Keneally announced the Sydney Metropolitan Development Authority as part of the Metropolitan Transport Plan: Connecting the City of Cities – announced today.

The transport plan is a 25 year-vision for land use planning for Sydney and a 10-year fully funded package of transport infrastructure for Sydney and major regional centres.

The authority would work across government with local councils and with the private sector. It would focus on corridors.

The authority would:

• Be responsible for delivering against the actions of the consolidated Metropolitan Plan;
• Define and recommend areas that will benefit from renewal;
• Where appropriate act as a development proponent on State-owned land (identified and vested in the development authority) to expedite development and provide local economic benefits;
• Apply new transport-oriented development and rapid re-zoning tools recently approved by government to drive urban renewal, new housing, employment land and transport infrastructure. In this capacity, the authority will partner with councils as the Department of Planning does in growth centres;
• Consider options for funding, including value uplift and private sector investment in urban renewal areas;
• Attract private sector investment in urban renewal areas; and
• Be answerable to the Ministers for Planning and Transport and Roads and work across agencies to deliver infrastructure to support urban renewal.

Source: www.transport.nsw.gov.au/sites/default/file/releases/100221-Sydney-Metro-Development-Authority.pdf