THE NSW Planning Department has approved a new local environmental plan (LEP) for Bondi Junction. The plan, prepared by Waverley Council for the Bondi Junction centre, will provide an extra 100,000 square metres of commercial floor space.
The NSW Metropolitan Strategy identifies Bondi Junction as the Major Centre of the East subregion. NSW Department of Planning Deputy Director-General Tom Gellibrand said Bondi Junction is a major retail and commercial precinct. "Indeed it is an important and iconic commercial centre for Sydney as a whole. This new LEP aims to address the need, as identified in the Metropolitan Strategy, to create an additional 4,400 jobs at Bondi Junction," Mr Gellibrand said.
"This new LEP aims to address the need, as identified in the Metropolitan Strategy, to create an additional 4,400 jobs at Bondi Junction. The reality is that over the last decade, there has been no major new commercial development in Bondi Junction and, in that same period, residential developments have proliferated at the expense of increased commercial space," Mr Gellibrand said.
The purpose of the draft LEP is to:
- Replace the existing planning controls for the Bondi Junction Centre;
- Support the employment target of 4,400 jobs, set out in both the Metropolitan Strategy and the Subregional Strategy for Sydney's east;
- Rezone land and establish new development standards;
- Accommodate growth and promote an expansion of the retail and commercial core, which is centred on the Westfield Shopping Centre and both sides of the Oxford Street mall.
Six land use zones will be established, which are Commercial Core, Mixed Use, Medium Density Residential, High Density Residential, Infrastructure and Public Recreation. The new LEP will rezone land within the Bondi Junction Centre to promote an increase in employment and development capacity.