By 2018 the southern CBD will be completely unrecognisable, although changes are visible right now thanks to UTS’s City Campus Master Plan, the New York-style Goods Line and other major developments in the Ultimo, Chippendale, Pyrmont and Darling Harbour area.
Broadway will be completely rejuvenated over the coming years (seen here circa 2018).
Working with partners
UTS is proud to collaborate with our local partners in creating what will be one of the city’s great creative and cultural precincts. Our partners, the ABC, Powerhouse Museum, Sydney Harbour Foreshore Authority and Frasers Park, are involved in a number of key projects:
Contributing to the economy
The billion-dollar-plus City Campus Master Plan is a major investment into driving Sydney’s economy that is expected to contribute an estimated $3.2 billion for the NSW economy.
The Master Plan and precinct revitalisation are increasing tourism revenue for Sydney, with the Gehry-designed Dr Chau Chak Wing Building expected to attract 24,000 interstate and 2000 international visitors each year.
The 10-year construction program is creating 700 direct jobs and 1000 indirect jobs each year, worth approximately $650 million in annual income to workers.
Once complete, the Master Plan will generate an additional 670 direct and indirect permanent jobs worth $44 million in income annually.
(Source: UTS City Campus Master Plan: Economic Impact Assessment, Urbis, December 2010.)