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Sydney Skyline Set To Rise Following Planning Review
The height limit has not changed in 40 years and experts say Sydney could run out of office space within 10 years, Xinhua news agency reports quoting the Daily Telegraph.
New South Wales Planning Minister Pru Goward said the government would look at changing height restrictions in order for the city to cope with future demand.
"Another option is the revitalisation and expansion of the CBD southward through the Central to Eveleigh precinct. This alone could add significantly to the capacity for the city to accommodate more office jobs and residential accommodation," Goward said.
"We need to look at all options to ensure Sydney, Australia's only global city, remains competitive," she said.
City of Sydney Council is now reviewing its zoning, building height and floor space ratio for the CBD, the first since 1988, and is expected to finalise its report next month.
A City of Sydney spokeswoman said developers wanted higher buildings so they could increase their profits.
"But a building's height needs to be balanced against the livability of a city on street level, including how it impacts shade, important public spaces like Hyde Park," she said.
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