The Central Sydney Planning Strategy (CSPS) is currently under review by NSW Government and is expected to be implemented by mid-2021. While, much progress has been made to reach this stage, including an agreement between State government and the City of Sydney Council on contentious issues (as discussed here), there is still a long way to go to ensure the CSPS delivers on key strategic objectives.
NSW Government will review submissions from the public and determine any transitional provisions prior to reaching the final planning controls. However, we do expect the following provisions will remain:
- Removal of floor space incentives for residential uses
- Tower Cluster Mapped Areas and 50% uplift opportunity for commercial uses
- New development contributions requirements, increasing to 3% across Central Sydney.
As a result of industry engagement with Council, there were some minor concessions made to the adopted CSPS, with the following items still to be investigated:
- including other non-residential uses eligible for accommodation floor space
- additional floor space for employment uses in Tower Cluster Areas
- incentives for the retention and re-use of existing buildings
- Host workshops with industry to improve the understanding and use of guidance documents.
New Strategic Precincts
Three new strategic precincts to improve and support business, employment and cultural activities are being progressed by Council. This will involve commercial uplift. We do not anticipate any substantial increase in housing opportunity and in some instances, such as North Alexandria, there will be a strategic intent to restrict residential encroachment.
Please see below for a map of the new strategic precincts and associated key features.