Parramatta has long been the obvious candidate for Sydney’s second city. Now, an imaginative redevelopment of its centre will cement its status as a great place to do business.
Residents in western Sydney are used to undergoing long commutes to get to Sydney’s CBD, the traditional work destination for so many. But Parramatta, a western suburb 20 kilometres from the city whose history stretches all the way back to Sydney’s earliest colonial years, is now poised to emerge as a viable economic alternative to Sydney’s traditional CBD in its own right.
Demographers have for a number of years identified Parramatta and the suburbs surrounding it as the centre of Sydney’s population, but the long-awaited $2 billion Parramatta Square project will further underpin the transport hub’s claim to be Sydney’s second CBD.
Parramatta Square is a large commercial development in the business and historic heart of Parramatta. By attracting the elite of Australian business, it will dramatically scale up high quality employment opportunities available to the area’s well-educated population – and, with any luck, eliminate the need for that commute to the Sydney CBD.