Getting Sydney Metro on track
The NSW government wanted to understand how Sydney would change to support Australia’s largest public transport project.
We had in our toolkit over 50 years of in-house employment market research
With 31 railway stations dotted over 66 kilometres of new line, Sydney Metro is touted as the largest public transport project in Australia and is designed to be one of the most efficient metro systems in the world.
When fully operational, it will have the capacity to transport 40,000 people per hour between Sydney’s outer suburbs and the city centre.
Our Strategic Consulting team has helped the State Government, through its various entities, including the Sydney Metro statutory authority, Transport for NSW and NSW Department of Planning & Environment, understand how this new rail infrastructure will influence real estate investment, planning and development, particularly around station locations.
To achieve this, our consulting services studied the demand for residential land as well as land intended for industrial and business use over different periods of time along all the Sydney Metro routes, including Sydney Metro Western Sydney Airport, Sydney Metro West, Sydney Metro Northwest and Sydney Metro City & Southwest.
One of our key differentiators is the quality of our research at JLL. In assessing current viability as well as long-term trends in residential development, we had in our toolkit over 50 years of in-house employment market research centred around strategic consulting as well as residential and employment land studies for various Sydney metropolitan precincts.
The Sydney Metro project is well underway, and our detailed analysis has equipped Sydney Metro statutory authority, Transport for NSW and NSW Department of Planning & Environment, to plan new projects, as well as improve existing connectivity, with a clear grasp of their impact and influence on surrounding land use development.