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Next Stop for Sydney’s Metro


Release Date: 16/12/2015
The Sydney Business Chamber said the announcement that Waterloo has been selected as the 31st railway station on Sydney Metro line is an important next step toward managing Sydney’s population growth and the challenge of congestion in the transport system.
 
The Executive Director of the Sydney Business Chamber, Patricia Forsythe said, “A Metro station at Waterloo will create a dynamic precinct just over 4km kilometres from the CBD, in an area that cries out for transformation.
 
“This is an important strategic decision in planning for Sydney’s long term future as constructing a Metro at Waterloo is vital to the capacity of government to refresh the significant social housing that is a dominant part of the suburb as well as broadening the housing options in the area.  
 
“The Waterloo Metro will provide direct access to employment with seamless connections to the jobs centres of Barangaroo and Martin Place.
 
“The announcement that the project will examine innovative funding mechanisms such as a Special Infrastructure Contribution, similar to the Parramatta Light Rail project, is a smart proposal given that business that locates in the area will gain an enormous benefit from being adjacent to a Metro station.
 
“Sydney University also put in a strong case for a Metro Station and will be rewarded with better pedestrian connectivity through Redfern and Darlington, linked with the Central to Eveleigh Urban Transformation Program, as well as important upgrades to Redfern Station and whilst they will be disappointed each option would have had benefits.

“The Metro at Waterloo will go a long way to addressing Sydney’s congestion problems, particularly in an area that is heavily populated and where public transport has lacked investment for a long time. 
 
“By 2031, there will be 1.5 million more people in Sydney and providing good residential access to jobs is a major step in planning for Sydney’s future,” said Mrs Forsythe.
 
Media contact: Patricia Forsythe 0418 165 466 or Kate Bryant 0424 186 367



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