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Parramatta Stadium Rebuild and other stuff

Suitman

Post Whore
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57,739
Fairly sure that technology - Digital Aerodrome Service (DAS) which enhances the airport’s ability to operate safely and efficiently in fog and low‑visibility conditions - was the significant driver which enabled Nancy to be viable.

@Suitman can steer me in the right direction. I might be wrong.

Without it, unsure if it would have been 24h and unsure if the business case would have stacked up.

So yes, it took a long time to get there, but it might have taken even longer had science not solved stuff.
Pretty sure you are correct @Gronk.
 

Suitman

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57,739
AFR posted an article about Woollahra station:

Woollahra in Sydney’s east is the most feasible place to build new apartments in the city because profit on each unit is about $1.2 million, according to research the NSW Labor government used to back its plans to triple density in the suburb.

The Centre for International Economics advised NSW Treasury in August 2024 the average apartment in Woollahra sold for $3 million, making the gap between the cost of building a unit and its sale price the widest in Sydney.


Non paywalled link: https://archive.md/A2KK3

I don't think we'll see any affordable housing above the station. It'll all be luxury apartments.
Fancy Labor going to the last election promising more infrastructure spending for the west, yet this is the only policy they came up with.
They have f**ked the City/SW metro extension to Bankstown and delayed it by 18 months.
They have f**ked the City-West Metro to Parramatta /Westmead and delayed it by 2 years. The Rosehill station addition fell flat on its feet.
All adding billions to the costs due to the delays.
They initiated enquiries into further western Sydney public transport which cost 10's of millions of taxpayer money, and decided there'll be no more metro's until 2040.
And, furthermore, they have now cut the Parramatta - Olympic Park light rail in half. Just like they did with the Chatswood - Parramatta rail link in the 90's.
Why is Labor so anti public transport?
 

Gronk

Moderator
Staff member
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80,844
I don't think we'll see any affordable housing above the station. It'll all be luxury apartments.
Fancy Labor going to the last election promising more infrastructure spending for the west, yet this is the only policy they came up with.
Woollahra Council have been notorious for unwillingness to participate in the rezoning of land to release some pressure on housing demand. So only 5km away from CBD it is considered underdeveloped.

I kinda get why Minns is doing this now. The station is there and whilst the “reactivation” term they are using is a little misleading, the cost to build an entrance, escalators and then platform infrastructure would be low. They know what’s involved and the cost from doing up the Bankstown line.

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OK so yes in 2026 apartments average $3M there. So how is this helping ? The butterfly effect. IMO, in housing economics, affordability is not only about the price of the new homes — it’s about who isn’t competing for the rest of the market anymore.

It’s filtering or displacement relief. it’s about absorbing high‑net‑worth demand

High‑income households will live somewhere. If they cannot buy in Woollahra, they bid up Paddington, Surry Hills, Redfern, Marrickville, Leichhardt, Petersham, etc. if supply is impacted in Dulwich Hill, then those peeps are pushed out to Canterbury or Campsie etc etc.

Unsure how much this project will cost BUT if 10,000 new dwellings is true, then developers will be forced to pay $10k to $30k each dwelling. So that’s maybe $200M in State Infrastructure Contributions?

Edit: budget is apparently $193m LINK
 

Gronk

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Staff member
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80,844
BTW, other high net worth LGAs are taking a hit on the lower north shore, so it’s time for Woollahra to pony up.

I can tell you that Mosman is going through a lot of change.

I personally know of a row of 10 homes that have been sold to a developer for high density housing.

IMG_3828.jpeg
 

King-Gutho94

Referee
Messages
20,243
Went into Parra yesterday to catch up with some mates for a few beers.

Church street was basically dead at lunch time.

Each restaurant you walked past was basically one small group of people and that was it.

I have no idea how any of them would have made any money yesterday from what i saw.

For a Sunday arvo most places were completely dead as a door knob.
 

TheRam

Coach
Messages
14,015
Went into Parra yesterday to catch up with some mates for a few beers.

Church street was basically dead at lunch time.

Each restaurant you walked past was basically one small group of people and that was it.

I have no idea how any of them would have made any money yesterday from what i saw.

For a Sunday arvo most places were completely dead as a door knob.

I went there on a Sunday about a month ago now and it was basically the same. The place is much nicer now than it has ever been, but it still just doesn't have a vibe about it. Maybe what they should have gone for was that proposed Venice style development that they came up with a few years back? That did seem very impressive and it would have been unique for Australia and maybe drawn people in from all over, including tourists. Parramatta definitely needs a star billing drawcard so to speak that captures the imagination. Maybe the new Powerhouse Museum will help or even be it, but I feel it will need much more that just that.

It needs something that will bring in the young and trendy and or families. I still feel that they haven't quite exploited and utilized the river as much as they should have. Waterways are always massive attractions if done right. The river still feels to boring and under done somehow. There just isn't a vibe there at all.
 
Messages
16,288
Went into Parra yesterday to catch up with some mates for a few beers.

Church street was basically dead at lunch time.

Each restaurant you walked past was basically one small group of people and that was it.

I have no idea how any of them would have made any money yesterday from what i saw.

For a Sunday arvo most places were completely dead as a door knob.
I went there on a Sunday about a month ago now and it was basically the same. The place is much nicer now than it has ever been, but it still just doesn't have a vibe about it. Maybe what they should have gone for was that proposed Venice style development that they came up with a few years back? That did seem very impressive and it would have been unique for Australia and maybe drawn people in from all over, including tourists. Parramatta definitely needs a star billing drawcard so to speak that captures the imagination. Maybe the new Powerhouse Museum will help or even be it, but I feel it will need much more that just that.

It needs something that will bring in the young and trendy and or families. I still feel that they haven't quite exploited and utilized the river as much as they should have. Waterways are always massive attractions if done right. The river still feels to boring and under done somehow. There just isn't a vibe there at all.
They never should have got rid of City Extra 😎
 

Gronk

Moderator
Staff member
Messages
80,844
Who would want to take that on based on his history of screwing builders ?
Well he’s not paying for it. He’s just doing his usual hotel management which gets him naming rights.

He will claim it’s his building of course, like he does with Trump Wall Street*.

* he has a long term lease of the ground floor which comes with naming rights to the building. He then has sublet those spaces.
 

hindy111

Post Whore
Messages
67,725
I went there on a Sunday about a month ago now and it was basically the same. The place is much nicer now than it has ever been, but it still just doesn't have a vibe about it. Maybe what they should have gone for was that proposed Venice style development that they came up with a few years back? That did seem very impressive and it would have been unique for Australia and maybe drawn people in from all over, including tourists. Parramatta definitely needs a star billing drawcard so to speak that captures the imagination. Maybe the new Powerhouse Museum will help or even be it, but I feel it will need much more that just that.

It needs something that will bring in the young and trendy and or families. I still feel that they haven't quite exploited and utilized the river as much as they should have. Waterways are always massive attractions if done right. The river still feels to boring and under done somehow. There just isn't a vibe there at all.


Has no music scene or buzz. And you need artists to move there to gentrify it. They wont move there. Too far from the action.
Ashfield /Enfield will be the next two subrubs that gain traction here.
 

hindy111

Post Whore
Messages
67,725
Went into Parra yesterday to catch up with some mates for a few beers.

Church street was basically dead at lunch time.

Each restaurant you walked past was basically one small group of people and that was it.

I have no idea how any of them would have made any money yesterday from what i saw.

For a Sunday arvo most places were completely dead as a door knob.

Had I known I would of dropped in and said HI. I was in Parra also. Place was a ghost town.
 

T-Boon

Coach
Messages
19,199
Went into Parra yesterday to catch up with some mates for a few beers.

Church street was basically dead at lunch time.

Each restaurant you walked past was basically one small group of people and that was it.

I have no idea how any of them would have made any money yesterday from what i saw.

For a Sunday arvo most places were completely dead as a door knob.
They need to move the Westfields into the middle of the mall or by the river. Turn the existing Westfield building into units.
 
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