NSW Premier Barry O’Farrell today praised Penrith’s innovative program to revitalise and connect the city centre.
Penrith Mayor Ross Fowler OAM and Penrith Business Alliance (PBA) Chairman Paul Brennan welcomed the Premier to Penrith to launch Penrith Progression.
Penrith Progression, an initiative of Penrith Council and the PBA, is a collaborative process which gives the community and stakeholders a key role in revitalising and connecting the city centre.
Cr Fowler said Penrith Progression would open the door to new projects, capital investment and partnerships to invigorate Penrith’s city centre.
“Penrith Progression is about all of us having a say in the look, feel and growth of Penrith and creating a better future for our City. It’s a once in a lifetime opportunity to shape the Penrith of tomorrow,” Cr Fowler said.
“Around 40% of the city centre is owned by Council or State Government. This puts Council in a position to leverage considered growth which will see the City become a leader, driving investment and growth for Greater Western Sydney.
“Penrith Progression will build on the vast amount of planning work already done by Council to explore and identify economic, social and environmental drivers which will underpin the urban renewal of Penrith.
‘We’re seeking input from across the board: developers, investors, ratepayers, small, medium and large businesses, landowners, academia, entrepreneurs, government agencies, not-for-profit organisations and community members.
“With $3 billion of investment capital already mobilised in pipeline projects, Penrith Progression will open the door to more new projects and partnerships,” Cr Fowler said.
Penrith Business Alliance Chairman Paul Brennan said there had been great success with the growth and recognition of the Penrith Health and Education Precinct.
“We now aim to leverage this kind of interest and approach towards our city centre,’’ Mr Brennan said.
“Our City has experienced tremendous growth over the last 40 or so years. Never before have we had the opportunity to step back and work with all the key parties to plan the best way forward to fully realise Penrith’s enormous potential.
“The Penrith Progression will seek out how Penrith’s city centre can develop the ‘heart’ and vibrancy it deserves, and that will spur more local jobs for future generations.”