The Hunter and Central Coast Development Corporation is proud to partner with Venues NSW and other government agencies to undertake the Hunter Park project business case over the next two years.
This exciting opportunity will allow Government to test opportunities for the significant urban transformation of the 63ha Broadmeadow precinct, which is currently home to underutilised government lands and aging sporting and event infrastructure.
Hunter Park is an ambitious project that seeks to create a blockbuster precinct of international standards that will boost the economic and social capacity of the whole Hunter Region.
The vision is to create ‘a blockbuster precinct of regional significance delivering a thriving entertainment, sporting, commercial and residential destination of national and international significance’.
Early estimates anticipate the precinct could generate:
- Around $3.7billion in economic output during construction, approximately $53.6million annual NSW contribution ongoing;
- Approximately 2,600 new homes;
- Over 8,000 jobs during construction, over 1,000 + ongoing jobs on completion;
- 30ha of quality public spaces.
Over the next two years, HCCDC will partner with government agencies in the delivery of the business case process.
This will involve creating a specialised project team and undertaking significant stakeholder, community and market engagement.
This process will be in-depth and will aim to create as much cost benefit alignment as possible, giving the project the best chance to be supported with future government funding.