Former CUB Site To Create 1200 Jobs, $6m

NSW premier Kristina Keneally said the $1.3 billion CUB development will create 1200 construction and 6000 ongoing jobs.

The approval covers a park covering almost 6500 square metres, landscaping, tree planting, gardens, paved areas, a water feature, and infrastructure around the park including roads, footpaths, and new traffic signals.

“This park will be a great asset for the City of Sydney,” Keneally said. “It is the first time the space will be open to the public in more than 150 years.”

Planning Minister, Tony Kelly, said it is the first such construction approval to be given for the entire development, to be known as Central Park.

“In February 2009, the NSW Government approved a $1.3 billion modified concept plan for the 5.834 hectare former brewery site, which will support 1550 residential units and 6000 ongoing operational jobs,” he said.

“The concept plan approval provides an over-arching vision for the entire site but requires project applications to be lodged before construction can begin.” 

Source: http://theshout.com.au/2010/02/10/article/Former-CUB-Site-To-Create-1200-Jobs-6m/HSMSYGVOJY