The NSW Government has joined forces with the tech industry to help design a major new technology and innovation precinct in Sydney, expecting to create 10,000 new jobs by 2036.
Atlassian, co-working space Fishburners and industry representative body, Tech Sydney, will be working with the government in a bid to co-create the precinct.
A NSW Government task force will also be created and led by Jobs for NSW chair, David Thodey. The task force will be in charge of leading the design and development of the new technology and innovation precinct, which will stretch from Central to Eveleigh.
Representatives from University of Technology Sydney, University of Sydney and Sydney Business Chamber will also take part in the taskforce, as well as industry experts from a wide range of Australian start-ups.
“Sydney and NSW are generating the jobs of the future and this new technology precinct will help turbocharge our economy,” NSW Premier Gladys Berejiklian said.
“This will cement Sydney as the technology capital of Australia and create more secure jobs. Central to Eveleigh is already home to Australia’s largest cluster of start-up firms. We want to use that as a base to grow new jobs and new businesses.”
Minister for Trade and Industry Niall Blair added it was not just about a location but about creating a shared vision for the growth of NSW’s tech sector in the next 30 years.
“The Central to Eveleigh area is uniquely placed as an innovation precinct and is ideal for technology firms to attract and retain Australian and international talent,” Blair said.
“The new precinct, which will benefit from transport links, will help revitalise this part of Sydney and support services, education and related industries.”
Atlassian Co-Founder and co-CEO, Scott Farquhar, said Sydney had the potential to be a leading tech city.
“If you look at every successful innovation hub in the world, from Silicon Valley to Tel Aviv, they all have a centre of gravity – a place the start-up community calls home,” Farquhar said.
“Sydney has the potential to be of one of the world’s leading tech cities and the creation of a tech hub sends a very loud signal – not only to the country, but to the rest of the world – that we’re in the race.”
Interestingly in March, the NSW government sunk Google’s plan to establish headquarters at Redfern near the Sydney CBD.
Developer Mirvac submitted a plan through the NSW state government’s unsolicited proposal process to establish a tech hub on land next to Carriageworks in Eveleigh, with Google as an anchor tenant.
However, plans for the hub – which is claimed would have created 19,000 jobs – were knocked back by the NSW cabinet’s infrastructure committee for failing to pass a “uniqueness test".
This was the second setback in Google’s effort to find a new base as it was fast out-growing its Pyrmont offices.
Last year, it pulled out of plans to set-up shop at an overhauled White Bay power station in Rozelle due to lack of public transport upgrades and the prospect of spending years in the midst of a construction site.