After more than three years of community consultation and months of demolition work, the redevelopment of the former Harold Park Paceway site began.
There's an urgent need for more housing as Sydney's population grows. By 2026 we will have to find housing for an extra one million people - that's just 14 years away - and the NSW Government has set the City a target of 61,000 new homes by 2036.
The best way to deal with this growth is to protect our historic villages by providing sustainable, high-quality housing and facilities in urban renewal sites like Harold Park.
The Harold Park redevelopment will provide much needed new housing close to the city centre, linked to good public transport - in particular the light rail service which is near the site, and with access to great public open space.
Work the City has done will ensure that more than one-third of formerly private land, totalling 3.8 hectares, will become public open space, with new parks and a variety of landscaped open spaces.
Almost two kilometres of paths for walking and bike riding will connect the site to local shops, schools and parks and the site is well serviced by light rail. The Planning Minister has also committed to working with the Transport Minister to increase transport options in the area as the site is developed.
The development will create 1,250 new homes, including places for affordable housing, which will be of a high environmental standard.
I know that throughout the long consultation process, local residents raised some concerns about the development. The City has worked hard to make sure we achieved the best possible outcome.