Monday, 24 November 2008

North Ryde. Office space overtakes Parramatta

North Ryde, which includes Macquarie Business Park, has pushed the Parramatta CBD into third place in office space, after Sydney and North Sydney. In the 12 months to July 2008, the amount of space in North Ryde had risen to 683,842 square metres, up 23.6 per cent, compared to 647,537 square metres in Parramatta, up 6.4 per cent. Space in Parramatta is expected to increase by 16,023 square metres in 2008, with 23,000 square metres scheduled for 2009 and 25,000 square metres in 2010 and beyond, according to Parramatta City Council's latest Biz Facts publication.