BOLD VISION FOR OLYMPIC PARK REVEALED

Since hosting the 2000 Olympics, the area has seen little use outside major events. That will change, the state said, under the NSW Government’s Master Plan 2050, which outlines a vision for a bustling urban neighbourhood.

“This masterplan has the potential to transform Sydney Olympic Park into a vibrant, mixed-use precinct that can help address Sydney’s growing housing emergency,” Property Council of Australia executive director NSW Anita Hugo said.

To create a live, work and play environment, the plan proposes a mix of high-density apartments near transport hubs, mid-rise residences and some lower-density homes near parklands.

This development will be complemented by new retail centres, restaurants and entertainment options to bring year-round activity to the area, according to the masterplan. A high street with outdoor shops, new bars, and eateries is planned for near the Metro station. This will include a cultural centre—inspired by Melbourne’s Federation Square, known for its mix of galleries, events, and open public spaces—to host arts and community events.

For green space, one of the area’s largest car parks will be reclaimed as parklands, creating spaces for “outdoor adventures” with sports fields, playgrounds, and discovery trails along nearby water corridors.

Inspired by the transformation of Cockatoo Island, a former convict settlement and shipyard, the Minns government plans to convert the Newington Armory—a historic naval depot on the Parramatta River—into a tourist destination featuring markets, festivals and camping experiences.

With the increased population and new amenities, Sydney Olympic Park will be designed to be “car-lite”, prioritising pedestrian pathways, dedicated cycling lanes and public transport through the Metro and Parramatta Light Rail.

NSW planning minister Paul Scully said it was “an exciting new stage” in the park’s evolution, laying the groundwork for decades of development.