Height cap strategy green-lit for Sydney CBD skyscrapers

An in-principle approval to new planning controls was given by the NSW government to remove cap on building heights under the draft Central Sydney Planning Strategy that was unveiled in 2016 by the city of Sydney. This gives Developers ability to build above current height limits up to 300 meters if the towers in the CBD were positioned exclusively for commercial use.

NSW planning minister Rob Stokes and Sydney lord mayor Clover Moore have green lit the 20-year development strategy in a condition that new towers over 55 meters to be at least half commercial.

“If we want Sydney to maintain its status as a global city and economic powerhouse, it’s vital that we balance the need for commercial floor space with residential development in the city centre,” lord mayor Clover Moore said.

She continued, “Central Sydney’s residents, workers and visitors are best served by collaboration between the city and the state government. This plan strikes a balance between fostering new businesses and growth while protecting and enhancing the great public spaces that make our city unique.”           

The new building cap would be nearly 24-stories taller than Chifley tower; the city's current tallest commercial building. This proposal is the biggest change in Central Sydney since 1971, and the first major change in statutory planning since 1996.

Article Source: https://theurbandeveloper.com/articles/central-sydney-planning-strategy-green-lit

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