New Heart of Ryde to deliver boost to economy

The City of Ryde continues to progress with the Ryde Central project in what will be a major boost to
the local economy as it recovers from the coronavirus (COVID -19) outbreak.

Kn own as the ‘The New Heart of Ryde’, the project will redevelop the current Ryde Civic Centre site
to deliver a four -fold increase in community space, as well as contemporary office accommodation.

commercial floor space, a public plaza and on -site parking a ll within easy reach of Top Ryde
Shopping Centre and its surrounds.

The tender to design and construct The New Heart of Ryde has been awarded to Taylor Construction
Group, a highly regarded and experienced delivery partner that has completed many signific ant
commercial, community and residential projects across NSW.

The tender was awarded following a comprehensive Expression of Interest and tender process that
commenced in October last year.

Council’s decision to proceed with The New Heart of Ryde follo ws a comprehensive community
consultation process undertaken through 2019, which found there was overwhelming support for the
project, with 85 percent of respondents in favour.

The project has already undergone rigorous checks and balances. This includes consideration by the
indepe ndent Urban Design Review Panel and documentation submitted to the Office of Local
Government under its Capital Expenditure Review Guidelines.

City of Ryde Mayor, Clr Jerome Laxale, said The New Heart of Ryde would generate m ore jobs, boost
growth and revitalise the Ryde Civic Centre site, at a time when the local economy needs it most.

“The New Heart of Ryde will be a key component to our economic recovery and joins a range of
initiatives Council has introduced that will hel p local residents and businesses get through this
extremely challenging period,” Clr Laxale said.

“Not only will The New Heart of Ryde be a major shot in the arm for workers, it will also address the
chronic shortage of community facilities in the City of Ryde. This once in a generation project is an
investment in people and workers.

“Crucially, The New Heart of Ryde will be financially sustainable, it will not result in increased rates or
a reduction in any services. Council will also retain complete ow nership of the site.

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