1.3. Case Study Pyrmont PDF

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Urban Renewal in Pyrmont Syllabus: ●

Case study showing one of the urban dynamics, operating in a country town or suburb

Urban Decay: ●

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In the past, areas near the CBD were devoted to industry, warehouses and ports. They were close to transport and to the markets ○ Pyrmont bridge opened in 1901 leading to an influx in industrialisation with power station, wharves, railway goods yards, waste incinerator, wool stores, quarries, sugar refinery 30,000 residents mostly blue-collar workers with families in small terraces Over time, the locational needs of these functions changed The industries/warehouses were suburbanised, along with residential areas due to mechanisation in the 60s and 70s because: ○ Production moved to low cost areas of SE Asia ○ Inner city areas were too small for expansion and had stringent laws on air/water quality ○ Containerisation: the development of new port technology needed new facilities and large areas of land for container storage. ○ Transport was increasingly congested and slowed down movement - suburbanised ○ Warehouses were not needed as much and they also needed to be where the main consumer market was, which is in outer areas ○ Stringent environmental laws from 70’s The industry moved to purpose built industrial estates in suburbs on good road transport routes As these functions left the inner areas, the buildings were left derelict and empty and became areas of urban decay Late 1980’s only 900 residents - down from 30,000

Urban Renewal: City West Development Corporation (CWDC): ● Constituted by NSW gov in 1992 to manage gov owned land and oversee the revitalisation of the City West region apart of ‘building better cities program’ ● Sydney Harbour Foreshore Authority then took control in 1999 with the construction of new infrastructure funded by the Better Cities Program ● Total cost of revitalization infrastructure expected to exceed $300million with the facilities improving the quality of life of residents as well as allowing for working population ● 1996 5% foreshore accessible -> 2008 100% ● Key elements of plan: ○ Working pop of 26,000 and residential of 22,000 ○ Innovative mix of housing taking advantage of CBD proximity ○ Building height: 14m water, 28m ridge, 42m Ultimo end ○ Innovative public transport with light rail, buses and ferries ○ Community facilities like libraries, childcare, parks - 32.9hectares of parkland

Significant Land Use Changes: ● In the late 80s Pyrmont’s location to the CBD became attractive to other functions: ○ Recreation and Tourism: Darling Harbour and Haymarket redeveloped into a recreational/tourist area. The old power station became PowerHouse Museum ○ Residential: Old warehouses such as the Mort Wool stores were converted to apartments and old sites in Pyrmont into residential ● Pyrmont B power station is now Star casino ● Australian Mercantile land and Finance warehouse is being converted into apartments and an aquatic centre ● CSR site now residential and commercial land-use ● Government Printing Office now high-tech corporate facility ● Most housing now 500 luxury apartments ● Unused wharves converted to office space, apartments and production facilities e.g. Foxtel ● More than 60 media related businesses now in Pyrmont ● Unused railway yards now Novotel, Grand Mercure and Ibis hotel Demographic Changes: ● Current population in Pyrmont is 14000, with it expected to increase to 20000 by this year. 59% DINKS ● In 1994, there were 5000 jobs, today there are about 24000. ● Now 38% of people are aged 20-29 years ● Vast majority of residents live in apartments - population density 10 times the Sydney average. ● 36% Australian down from 47% 1991 - 7% China, 5% Korea ● 33% professional and median income is $1736 per week which is significantly higher than the national median of $1027 ● Workforce 10,000 1986 -> 24,000 2018

The Future of Pyrmont: ● ● ● ●

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NSW government has planned for Pyrmont to become the next economic and jobs hub under plans that will likely allow the development of high rise complexes The suburb will become an extension of the CBD with vision of this occurring in 2040 Possible Metro station to accelerate the suburbs growth connecting to Parramatta and Olympic Park. Also push for more ferry connections An investigation by the Greater Sydney Commission in 2019 found that Pyrmont is not living up to its economic potential with major projects being disconnected and planning becoming increasingly complex Planning Minister Rob Stokes will look to amend problems focusing on jobs/economic activity stating “we can support larger scale development and maintain the unique heritage of Pyrmont” ‘Urban Taskforce’ is also behind the push to develop the suburb into the next high-rise centre endorsing the densification of the centre as support for the CBD Focus for the suburb will be for entertainment, hospitality, IT and creative industries The proposed 61 storey Star tower has led to a reassessment of the strict height measure currently in place in Pyrmont...