Investing in Penrith
- Written by: Adam Gatt Penrith City Council (02) 4732 7777 (02) 4732 7958 firstname.lastname@example.org https://www.penrithcity.nsw.gov.au 601 High St Penrith NSW 2750 Australia
Penrith will be one of the most connected cities in Australia.
Penrith is a fast-growing regional city and the magnitude of opportunities for businesses, investors, and the community is significant. Sustainable growth can be achieved by leveraging the city’s local strengths and assets, as well as through strong strategic partnerships.
Penrith has many strengths and competitive advantages that make it well placed to leverage off the opportunities generated by the Western Sydney Airport and other catalytic changes, urban renewal projects, these include:
- A diverse and skilled workforce
- Strategic geographic positioning
- A great lifestyle offering
- Premier tourism and adventure destination
- Available and affordable land
- Supplying over 60% of future employment land
- World-class health and education facilities
- A strong focus on entrepreneurship and collaboration in the business community.
Strategically positioned as the closest major centre to the new Western Sydney Airport, Penrith offers unprecedented opportunities to businesses and industries.
The new $7 billion Sydney Metro – Western Sydney Airport rail line connecting St Marys city centre to the new airport, combined with major arterial road upgrades mean Penrith is in a prime position to bring students, workers and businesses together.
The availability of land and our youthful, fast-growing and highly skilled workforce, combined with massive Government investment in rail, road and air transport, create endless potential for visionary businesses and investors.
The investment in a new airport is the catalyst that will allow a nationally significant economic corridor to emerge with diverse industries and a range of job opportunities. It will become a trade and investment hub servicing the Asia-Pacific marketplaces of the future.
Affordable, growing and connected, Penrith is where tomorrow’s leaders know they need to be.
Lead the future of investment in Penrith with us.
The Quarter Health and Education Precinct in Penrith is one of the largest health, education, research, training and living precincts in Australia.
For more information, and to download The Quarter Prospectus, visit The Quarter website.
Located at the entrance to the new Western Sydney Airport and Aerotropolis, we are at the forefront of progress and possibility, perfectly placed to help forward-thinking businesses and investors achieve new levels of success. All fields of enterprise are set to prosper in our thriving region, with five super sectors identified to capitalise on the expansion and transformation of Sydney’s north-south growth arc – Tourism, Freight & Logistics, Food Research & Innovation, Advanced Manufacturing, and Health & Education.
- The Northern Gateway is the city of Bradfield’s premier employment precinct, hosting freight and logistics, advanced manufacturing, defence, and aviation services.
- Sydney Science Park will be a nationally renowned hub of research, development and education, anchored by universities, research centres and industry specialising in an array of emerging technologies.
- The new Agribusiness Precinct will specialise in food and beverage manufacturing, pharmaceutical manufacturing, and logistics.
- Luddenham Village is the historical and cultural heart of the Aerotropololis’ Agribusiness Precinct benefiting from its proximity to the future Western Sydney International Airport, with potential for retail trade, hospitality, and accommodation businesses to thrive.
Major projects currently underway within the Western Sydney Aerotropolis include;
- Bradfield City Centre (Western Parkland City Authority)
- Western Sydney (Nancy-Bird Walton) International Airport (Australian Government)
- Aerotropolis Precinct Planning (Department of Planning and Environment)
- The Northern Road Upgrade (Transport for NSW)
- M12 Motorway (Transport for NSW)
- Sydney Metro Western Sydney Airport (Sydney Metro)
The draft Penrith Aerotropolis Development Contributions Plan (the Plan) proposes a sustainable funding model for the delivery of essential infrastructure in the emerging Aerotropolis precinct.
The Plan seeks to deliver $815 million by apportioning a contribution rate of 5.5% for development within the Aerotropolis in Penrith’s Local Government Area to fund local roads, bridges, active transport connections, parks and community facilities.
Previously released as a joint plan between Penrith and Liverpool City Councils in 2020-21, a key change is that both councils now have their own Plans to enable greater autonomy and simplified administration of the Plan.
With the total cost of local infrastructure for both councils estimated at $2.8 billion, the individual contribution plans now better reflect the unique requirements and costs of infrastructure associated with each Local Government Area.
Find out more at: yoursaypenrith.com.au/draft-penrith-aerotropolis-CP
St Marys is a strategic centre in Western Sydney and its importance as a critical transport link between Greater Sydney and the world will be elevated with the arrival of the Western Sydney International Airport and associated airport metro. St Marys will be directly linked to the airport via a station on the Sydney Metro – Western Sydney Airport metro line.
With such transformation underway, Council acknowledges the need to guide planning and development within the Town Centre to realise the needs and aspirations of residents, businesses, and visitors.
The result will be St Marys 2041 – a strategic planning pathway to guide the vision of the Town Centre over the next 20 years.
Council sought feedback from the community earlier this year to get insights and ideas to inform this vision. The development of a draft St Marys Town Centre Structure Plan is now underway, with the draft plan to be exhibited to the public in late 2022.
To find out more about this project, visit https://yoursaypenrith.com.au/StMarys2041
With 47.8ha of city centre land owned by Penrith City Council and 1,500ha of land currently zoned for employment in locations within close proximity to the Penrith and St Marys town centres, there are a number of exciting opportunity sites available now across Civic & Retail, Culture & Community, Lifestyle, Sport & Tourism, and Health & Education.
Download the Invest Penrith Prospectus to find out more.
The Nepean River is our region’s greatest natural asset and a much-loved recreational destination for residents and visitors. Penrith City Council’s ongoing program of work to enhance the Nepean River and create more opportunities for people to meet, relax, explore, play and be active in the outdoors is set to strengthen Penrith’s position as Western Sydney’s most liveable city. We’re activating the area around the river and connecting it to the City Centre. The revitalisation of Regatta Park, Tench Reserve upgrade, and ongoing River Road vegetation management are just a few of the projects currently being delivered as a result of the Master Plan by Penrith City Council in partnership with the NSW and Australian Governments. Read the Our River Masterplan here.
Penrith Lakes is a large water-based parkland area with plans to become a world class sports and recreation precinct. Currently anchored by the Sydney International Regatta Centre – a major regional outdoor sports and entertainment venue – and a 49ha business park currently under construction. The precinct will be a national hub for film and television production with links to the Western Sydney Aerotropolis and Penrith City Centre, providing endless opportunities for a complimentary mix of hospitality, accommodation, and light industrial uses.
- North Penrith is one of the Region’s key hubs of industrial activity with specialties in advanced manufacturing, recycling, and urban services, while St Marys & North St Marys make up our largest and most established industrial precinct with growing specialities in advanced manufacturing, recycling, and freight and logistics.
- Jamisontown is Penrith’s premier light industrial and large format retail precinct, anchored by the Penrith Homemaker Centre, and a strong sports and recreation presence, while Emu Plains is a highly functioning industrial precinct with a broad mix of business activity.
- Erskine Park is one of Western Sydney’s most important freight and logistics hubs with a mix of national freight and logistics hubs with a mix of national operators, major retailers, and manufacturers.
- Kemps Creek/Mamre Road is a transport rich freight and logistics hub providing national and international connectivity to a mix of businesses.
Penrith is the heartland of opportunity and is an attractive location to establish your business operations.
Strategically located near arterial roads ensures efficient movement of goods and services, with well-connected transport systems.
The growing population offers a diverse, young, skilled workforce, at the doorstep of catalytic infrastructure investment, regional and international opportunities, and Western Sydney Airport.
Penrith City Council offers Site Selecting Services to help you establish your business in Penrith.
Our Economic Development team provides support for businesses seeking to establish or expand their operations. They can provide assistance with locations, contacts, information on key precincts, industry, and demographic insights.
- Information on growth opportunities and infrastructure investment in the region
- Connecting you to suitable contacts to identify suitable available locations
- Introduction to local contacts and networks
- Demographic and Economic data
- Coordination of internal and external contacts from concept to site selection
- Familiarisation tours
Contact us for more information:
City Economy & Marketing Manager
For a full list of resources for local businesses and investors, visit our Resources & Downloads page.