Penrith. $800 million proposal

Penrith City Council has resolved that an $800 million entertainment and business park proposal on the 50-hectare Penrith Panthers site be forward to the Department of Planning for pubic exhibition. If approved, the plan is estimated to create more than 4000 construction jobs and more than 3000 ongoing positions. The Penrith Chamber of Commerce and the Penrith City Centre Association are concerned about the proposal’s effect on business elsewhere in the city, according to the Penrith City Star.