Monday 10 August 2009

Badgerys Creek. Missing out on benefits

The developer lobby group, Urban Taskforce, said that while the Commonwealth made up its mind regarding the “no longer an option” Badgerys Creek airport, NSW was missing out on the economic benefits of developing the land. The Sydney Morning Herald understands that the Government wants the 1700 hectares it owns to form the centre of a large residential development and is unwilling to lift the restrictions until this plan is further developed. "Business parks, pharmaceuticals, information and communications technology and advanced manufacturing could all be located there. There's no point holding development activity back to accommodate a future airport if no-one has any intention of building one,'' its chief executive, said Aaron Gadiel, CEO of the the lobby group.

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