The proposal includes upgrades along George Street, and new housing located on nearby higher ground to reduce flood risk and support a more resilient town centre.
It features an upgraded transport hub with improved connections, surrounded by new open space, shops and services, which will support the creation of up to 1,200 new jobs.
The NSW and Commonwealth Governments are also investing $276 million to upgrade Garfield Road East and $520 million to widen nearby Richmond Road to six lanes, supporting traffic connections to Riverstone Town Centre.
In September 2024, the Department of Planning, Housing and Infrastructure commenced a state-led rezoning proposal under the State Significant Rezoning Policy, following an earlier proposal from Blacktown City Council which did not proceed due to flood risk and traffic management concerns.
The State Significant Rezoning Policy aims to shorten the rezoning timeframe to better meet the housing and employment needs of NSW's growing population. The new proposal will provide a long-term planning blueprint for Riverstone Town Centre over the next 30 years.
This is all part of the Minns Government's plan to build a better NSW with more homes, jobs and services, so young people, families and key local workers have somewhere to live and in the communities they choose.