A bold plan to ramp up Sydney’s Tech Central precinct is rolling out, with New South Wales aiming to turn the area into a buzzing hub for innovation and jobs. Launched this week, the strategy zeroes in on boosting tech businesses, drawing in global players, and sparking growth around Central Station.
The blueprint lays out a vision for Tech Central as a powerhouse for start-ups and big-name firms alike. It’s all about making the most of the precinct’s prime spot, smack bang in the city’s heart, with top-notch transport links. The area’s already home to a mix of tech outfits, and this push is set to pile on more, with a target of thousands of new jobs over the next decade.
A chunk of the plan hinges on dolling out grants to lure companies and researchers to set up shop. There’s cash on the table for outfits working on cutting-edge gear—think artificial intelligence and green tech—to dig in and grow. The idea’s to get a critical mass of brainpower in one spot, feeding off each other’s ideas and energy.
On the ground, the precinct’s getting a spruce-up too. Better streets, more green spaces, and a stack of new buildings are in the works to make it a decent place to work and hang out. Foot traffic’s a big focus—planners reckon if it’s easier to get around, more people will stick around, giving local businesses a leg-up.
This isn’t starting from scratch—Tech Central’s been bubbling away for a while, with uni campuses and tech firms already in the mix. Now, with extra oomph, it’s shaping up as a serious contender on the global stage. For Sydney, it’s a chance to lock in a future where tech drives the economy, right from the city’s core.