Randwick City Council has agreed to enter into a Development Agreement with Transport for NSW (TfNSW) to assist the integration of the CBD & South East Light Rail project into Randwick City.
The $1.6 billion State Government project will see light rail built from Circular Quay to Randwick and Kingsford.
The project was given planning approval in June 2014 with construction expected to commence in 2015.
The Development Agreement directly addresses areas of community concern about the project and secures some significant wins for Randwick City residents and businesses.
Randwick Mayor Scott Nash said Council’s agreement is the result of months of work and provides a framework to achieve some significant improvements to the project.
“This is a fantastic result for us and helps secure positive outcomes that will directly benefit our community.
“The Development Agreement now gives our local residents more certainty and more input into how the project will be delivered throughout Randwick and Kingsford.
“Council has been campaigning to bring light rail to Randwick for many years, and now we are set to see this become a reality.”
Key details of the agreement include major parking changes,
future–proofing of Council assets, the location of the Randwick interchange and agreeing to an urban design outcome.
“Signing this agreement helps us make a great project even better for our local residents, businesses and the thousands who travel to the Prince of Wales hospital complex, the University of NSW and the surrounding education precinct, as well as Royal Randwick Racecourse and Centennial Parklands.
“Bringing light rail to Randwick City will transform our public transport system and bring considerable benefits to our area.
“It will create up to 700 jobs as a direct result of construction, and it will support the growth of thousands of jobs in education, health and research in Randwick City.”
