Sydney’s Traffic Congestion
Infrastructure Australia quote the cost of congestion in Sydney is estimated to increase from around $6 billion in 2011 to $15 billion in 2031.
Sydney’s five most congested roads are located just 10km from the CBD while the public transport system is expected to exceed current capacity by 2031 although some would argue that’s already happened. There are more than 1 million daily short distance trips.
Jump on Your Bike or Take a Walk!
Part of the solution to the congestion problem is for more of us to cycle and walk. To help make this possible an upgraded network of 284 km of dedicated cycling and shared cycling/walking paths has been proposed. This would be concentrated on a network of existing cross regional corridors within a 10km radius of the CBD. If the network proves popular there may be support for an extension of the network out west to Parramatta.
Australia’s population growth is now one of the fastest in the OECD (Organisation for Economic Co-operation and Development). We are easily outpacing the UK, Canada and the United States. The trend is causing significant debate.
In the next 30 years, Australia’s is projected to grow to 36 million people. That’s roughly like adding a new city the size Canberra, every year for the next 30 years.
Current trends would indicate that 75% of this growth will be concentrated in Sydney, Melbourne, Brisbane and Perth. This level of growth will place ever more demands on housing and related infrastructure. The question is, do we have the right planning in place to manage this growth?
Fashions Big Guns Bring Flair to Apartments
They are familiar names, Yves Saint Laurent and Versace, Dolce & Cabana and many others, and now many of these famous names are now adding their talents to decorating apartments and producing a range of homewares. It’s a well established trend in the high-end apartment markets of London and New York. There work is very diverse, D&G have moved to apply their trademark colourful design to fridges and blenders, while Versace has designed many swank interiors but also spaces as diverse as kid’s playrooms. The trend is becoming very popular with luxury brands like Armani and Fendi having their own homewares lines while global fashion trend setters like Roberto Cavalli are now decorating entire apartments with a much stronger cross-over with the fashion trends we see on the catwalks of Paris, London and Milan.
Fashion branded real estate will be the next step as big name fashion brands lend their creds to new projects. The trend may well focus on public areas, but will also extend to individual apartments and accessories. You might not be able to afford an entire Gucci living room, but you can still grab a serving tray for a cool $1200. A bargain! So, keep an eye open for homewares by such famous fashion names as Paul Smith, Alexander McQueen and Vivienne Westwood.
Three Cities Metropolis
It’s often been said that Sydney is a city of plans and little direct action! Now we have another with the release of The Greater Sydney Region Plan: A Metropolis of Three Cities, the plan, along with Transport for NSW’s Future Transport 2056, and Infrastructure NSW’s State Infrastructure Strategy 2018-38, aims to create three metropolis of the Eastern Harbour City, Central River City and Western Parkland City. The Greater Sydney Commission notes that for the first time Greater Sydney now has land use, transport and infrastructure plans that have been developed concurrently. Media reports that the Commission has structured its Plans around four core themes – infrastructure and collaboration, livability, productivity and sustainability. The real test will be how the plans are made a reality.