Wednesday 23 April 2008

Federal minister at major regional conference

Federal Minister for Infrastructure, Transport, Regional Development and Local Government, Anthony Albanese, will deliver the keynote address at a conference titled, Sydney – the other city: Building a Sustainable Western Sydney by 2030, to be held in the Joan Sutherland Performing Arts Centre, High Street, Penrith on Tuesday and Wednesday, April 29-30. Managing the growth of the region was the key challenge to all levels of government as well as the community and private sectors to build a region that is economically, socially, culturally and environmentally sustainable, said conference organiser, The Western Sydney Regional Organisation of Councils (WSROC).

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New $160m office tower the Parramatta CBD

Joint venture partners, Leighton Holdings and Grosvenor, propose to build a $160 million, 20-storey tower of 25,000 square metres of commercial office space, according to a report in The Australian Financial Review. The proposed building, at 60 Station Street, is opposite the Commercial Hotel and close to Parramatta station. Called Eclipse, the building was the product of a design competition, the first of its kind in Parramatta.

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Lower rents attract tenants to Parramatta CBD

Corporate and government tenants were attracted to Parramatta CBD’s lower rents, which are about half that of the Sydney CBD, said a report in The Australian Financial Review. The administrative, professional and managerial workforce within 15 kilometres of Parramatta’s CBD was, on average, 34 per cent higher in number than in the same space from Sydney’s CBD.

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