Sydney uni launches $450m regen scheme

A university in Sydney is seeking a private partner to help it deliver a new retail, business and residential hub.

Western Sydney University has published a tender seeking expressions of interest from developers to partner on the co-development of lots 2 and 3 of the Westmead campus programme.

Under the plans, the sites will be developed into a “highly-accessible, transit-oriented, mixed-use development, that includes education, commercial, residential and community spaces”. The programme is valued at around $450m.

The university added that the development will also allow it to create new funding streams, so it can reinvest the income back into its core business of teaching and research.

"The redevelopment of the Westmead campus is an exciting opportunity to create much-needed commercial and retail amenities for the town centre that can support the Westmead Precinct's role as a world-leading hub for health, education and medical research," said university Vice-Chancellor, Professor Barney Glover.

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