Central Station Blueprint

HillPDA was commissioned to undertake an economic study as part of a broader suite of studies and research to inform the preparation of a Blueprint that puts the ‘Grand’ back into Sydney’s Central Station.

The preparation of the Blueprint was co-ordinated by Transport for NSW, with input from architectural, urban design, planning, transport, heritage and cost experts. This Stage 1 Study formed the economic component of the inputs, providing practical yet visionary economic inputs from a land economics perspective.

Our value add

In order to inform the Study, HillPDA undertook a series of research steps as follows:

• A review of relevant past documentation and Government policy
• A case study review to identify best practice approaches and lessons learnt
• A review of the study area to identify key opportunities for economic growth and change
• Liaison with key stakeholders to better understand market factors objectives and constraints
• The identification key opportunities for change and economic outcomes.

Outcome

To provide practical economic inputs to the Central Station Blueprint HillPDA reported back on the following:

• How it would influence the property market
• How it would influence retail demand
• What lessons we learnt from the precedents
• What it all meant for Central Station

HillPDA identified the demand potential and 10 key directions that maybe used as inputs to the next stage of developing the Blueprint.

Services:

• Market research
• Stakeholder consultattion
• EstateMaster feasibility modelling

Client: Transport for NSW
Project date: 2014

For more information, contact Virginia Phillips, Associate