Rydalmere. Economic boost for Rydalmere

A Parramatta City Council commissioned economic and commercial feasibility study concluded the so-called 26.4-hectare Rydalmere Technology Precinct, in the general area of the railway station, was a viable urban and economic development opportunity of significant scale..The modelling indicated delivering 11,000 new jobs (a 1000 per cent increase) and 2700 new residents. The transformation would generate an additional $989.2 million in income for Parramatta workers, and an additional $3 billion in economic output, adding 19.5 per cent to the gross regional product (GRP) of the Parramatta sub region. The study will be considered at a council meeting on March 28.

Rydalmere. Vision for industrial estate

Parramatta City Council will fund a $20,000 market feasibility study of the Brodie Street precinct, in the Rydalmere Industrial Estate, and discuss with the University of Western Sydney the possibility of a formal partnership to establish a centre of excellence in the study of innovation and sustainability, based in the precinct. These are among the activities designed to enable the estate to be transformed into “a technology and knowledge centre for hi-tech, emerging technologies and knowledge-based business leveraging off closer relationships with UWS”.