Friday, March 30, 2012

New Transportation Strategies Connects Sydney Through Investors

By Steve McKnight


The govt of New South Wales lately revealed the preservation of transport corridors in Sydney's north-west.

The drive has been welcomed by the Property Council of Australia, with NSW executive director Glenn Byres describing the move as intellectual and progressive.

He said: "Stronger alignment between land use and infrastructure planning should stronger position Sydney to cope with growth."

Mr Byres announced the new rail line that connects Epping to Rouse Hill is way overdue and a step in the direction of a functional design that will support development in the area.

"The north-west is a flourishing home to business parks, retail centers and new housing? And will host important future growth," he claimed.

In relation to this point, Sydney looks set to get ready for growth with a draft for a new transportation system, called Connecting our Town.

Lord mayor Clover Moore reported that the population of Sydney will almost double by 2036, highlighting the need for effective planning.

"Business as usual is not an option. Congestion is already choking our town with residents, employees and visitors already making over 1 million visits to, from and in the town every day," she said.

Enlargement represents opportunity, but it's got to be carried out with a forward-thinking plan and so far the NSW capital appears to be achieving this aim.

The plan describes initiatives from adding light rail that may ease major traffic centers, to developing a street pecking order that may organise the flow of competing commuters.

A functional and efficient transport network is critical to business growth in any town, so the firm is an encouraging one for residents.

Sydney property investors will likely be one out of many beneficiaries of the development as bigger connectivity leads to a wider choice of investing opportunities. They're going to get better capital expansion and bigger range of selection of property. ?




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