The NSW Government said on Tuesday it will sell another prime asset, the Australian Technology Park at Eveleigh that has transformed over two decades from a former rail hub to a series of evocative industrial buildings housing around 100 companies and 5500 jobs.
The move is the first major step in the giant Central to Eveleigh development corridor, one of several big urban renewable projects under way in Sydney. The sale announcement follows an expression of interest campaign with five parties now invited to tender – Altis Property Partners, with First State Super; Aqualand Projects; Goodman; Mirvac’ and Walker Corporation.
Park ownership is held for the government by UrbanGrowth NSW Development Corporation, which has created sale terms to protect the heritage of the park, protect public access and to provide long-sought access over the railway lines to Newtown.
A community workshop on Saturday will discuss the Central to Eveleigh Urban Transformation Strategy.
UrbanGrowth NSW announced on Monday it would fast track the sale of a Green Square, in the Green Square urban renewal project close to Eveleigh.