page_title: Urban renewal in Sydney
section_title: Central Precinct
hierarchical_section_title: Urban renewal in Sydney / Future projects / Central Precinct
caption_attribution_description: English: CGI view of interior of Sydney Central Station
context_page_description: The urban renewal of Sydney is an ongoing land redevelopment process that is creating and reviving new urban centres across Sydney, Australia. Urban renewal refers to the refurbishment of derelict buildings, streets or neighbourhoods and is accompanied with the process of gentrification attributed by changes in land use and deindustrialisation of areas. In 2020, there are several projects underway and planned including Barangaroo, The Bays Precinct and Green Square.
context_section_description: The Central Precinct represents over 24 hectares of government-owned land that is proposed to be revitalised along the railway corridor between Central Station and Cleveland Street, Sydney. A mixed-use urban precinct consisting of offices, parks and shops with the potential of residential apartments is envisioned and planned to be built over existing railyards, attracting technology companies and start-ups. The precinct aims to create 25,000 jobs, foster innovation and increase educational opportunities. Tech giant Atlassian is set to anchor a 35-storey office tower as part of the precinct. In 2018, work started on the redevelopment of Central Station which include the construction of new underground metro platforms, a new underground concourse (Central Walk) and accessibility improvements. The renewal of the station is expected to complete in 2022.
caption: Render of the refurbishment of Central Station
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