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.
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.
- Market research
- Stakeholder consultattion
- EstateMaster feasibility modelling
Client: Transport for NSW
Project date: 2014
For more information, contact Virginia Phillips, Associate