The City of Sydney is set to spend almost $200 million in the next financial year on major infrastructure projects across multiple communities.
The funding is part of a $1.6 billion 10-year budget for capital works that builds major community infrastructure, increases open space and reduces carbon pollution in sydney communities.
The 2019/20 capital works program totals $196.4 million, with $103.9 million for major projects, $36 million for extensive asset enhancements and $56.5 million for rolling capital renewal programs.
Major projects for the upcoming financial year include:
- $84.6 million for the continuation of the large-scale urban renewal of Green Square, including construction of Gunyama Park Aquatic and Recreation Centre, central park The Drying Green and major works on the area’s streets.
- $9.1 million for the continuation of green infrastructure projects, including an energy efficiency program for the City’s major properties, a water harvesting treatment plant at Sydney Park, and the installation of solar panels on City-owned properties.
- $3.9 million for the Johnstons Creek masterplan, which aims to protect and enhance a harbour foreshore area at Glebe, Annandale and Forest Lodge.
- $2.3 million for the latest instalment of the City’s contribution to the NSW Government’s light rail project.
The City will invest $9.6 million on bicycle related works next financial year, with construction underway on Wilson and Burren Streets and Epsom Road in Green Square and planned construction on a new separated cycleway on Lawson Street in Redfern.
The cycling projects are also partly funded by the NSW Government and are part of Sydney’s bike network connecting local and regional routes.
Sydney’s Lord Mayor, Clover Moore, said the need to provide the community with adequate infrastructure and facilities was an important step in supporting the city’s growing population.
“Our residential, business and tourist population keeps growing, with over 1.2 million people using the City’s services every day. We need to provide our community with the infrastructure and facilities they need to ensure inner Sydney remains an exciting, economically-strong, sustainable place to live, work and visit.
“Transforming Sydney’s oldest industrial heartland into a new Green Square town centre is an enormous task, but I’m so proud of the wonderful new library and community and cultural precinct we’ve established, and I look forward to the future aquatic and recreation centre.
The budget also allows for $496.1 million in operational expenditure, which covers ongoing council services.
- The removal of one monorail station
- Purchase of 100 per cent renewable electricity to meet the organisation’s needs
- A $2.5 million contribution to Ausgrid to fast track the installation of LED street lights in the local area
Funds have also been set aside for information services projects to improve the City’s digital services.