Sydney World Trade Center proposed with plans for zero carbon development
An $8 billion mixed-use city is proposed for Western Sydney, with the potential to create 140,000 total jobs.
It supports the concept of the 30-minute city by enhancing productivity and competitiveness in the city’s west.
The proposal for a World Trade Center Sydney (WTC Sydney), by the Aerotropolis Group, has been made to the NSW Department of Premier and Cabinet.
It includes four WTC towers, an international convention and exhibition centre, commercial space for multinational companies, an innovation and incubation centre for start-ups and retail and residential space.
With a vision for a net zero carbon development, the site of the proposed WTC Sydney was master planned by global architecture studio Woods Bagot.
An economic impact assessment by PwC indicates the mixed use employment district at WTC Sydney would annually create 43,500 direct jobs and directly inject $13 billion to the economy, with significant additional indirect and induced benefits to Sydney and NSW.
Aerotropolis Group Managing Director and CEO Jomon Varghese suggests WTC Sydney was "a project that will resolve the structural problem faced by Sydney by bringing balance to our city which is historically tilted to the east".
Western Sydney director of the Sydney Business Chamber, David Borger, said the new airport will be the catalyst for investment and economic opportunities.
Varghese said he hoped the centre would be opened by 2026 – the same time the new Western Sydney Airport will begin operation.
