Sydney Olympic Park is set to undergo a multi-billion-dollar transformation, evolving from a world-class sporting precinct into a thriving, high-density residential community under a new 25-year Master Plan.
The New South Wales government has released the Sydney Olympic Park Master Plan 2050 which maps out the transformation path for the 640-hectare site.
The finalised strategy increases the original housing targets by 2,000, paving the way for up to 15,000 homes, including up to 20 per cent affordable housing on government-owned land and 5 per cent on private land.
NSW Minister for Planning and Public Spaces Paul Scully said the plan preserves the legacy of the 2000 Green Games while addressing the modern housing crisis.
“The 2050 Master Plan builds on this, maintaining what we love most about the precinct while guiding growth so the precinct can support up to 26,000 jobs and 15,000 homes by 2050,” he said.
The 25-year plan aims to unlock 26,000 new jobs by fostering innovation, culture, and commercial hubs.
To support this influx of residents and workers, the government has committed to deliver 10 new playgrounds, nine outdoor public spaces, and four new sports fields.
In order to provide cultural and recreational opportunities, the hub will have a new library, cultural centre, and dedicated land for future schools.
The government will also protect and enhance 430 hectares of open space and boosting the tree canopy and wetland biodiversity.
The evolution of the precinct is timed to coincide with major transport upgrades, including the Sydney Metro West and the Parramatta Light Rail extension.
Member for Parramatta Donna Davis said: “Sydney Olympic Park will be seamlessly connected to major transport infrastructure, including Sydney Metro West.
“The precinct’s public transport links will be matched with strong pedestrian and cycling connections, so residents and visitors can enjoy easy, sustainable access to jobs, schools, and everything our community has to offer.”
To further cement its status as a premier destination, the government is also working to establish a ‘Special Entertainment Precinct’ in the Olympic Part to support a vibrant night-time economy.
Sydney Olympic Park Authority CEO Neisha D’Souza said: “The Master Plan 2050 is the catalyst for investment and growth – bringing certainty and unlocking opportunity.
“We’re proudly creating a place that celebrates its history while embracing a future of innovation, culture, and community-first design.”
