Sydney’s Central Station precinct was poised to be an economic driver, but the NSW government now plans to ditch the rezoning of a key part of the 24-hectare area that would have allowed for construction of towers of up to 34 storeys on the strategically important site.

An artist’s impression of Central Station precinct redevelopment.Credit: NSW government

The Herald’s Matt O’Sullivan reports the Department of Planning is considering changes to the rezoning proposed several years ago which will result in an eight-hectare area retaining existing zoning that permits only rail-related use.

NSW Planning declined to answer O’Sullivan’s questions, but indicated it would not go on public exhibition before a decision was made. Meanwhile, a NSW government spokesman confirmed a revised masterplan focusing on delivering more housing and addressing “today’s market conditions” had been........

© The Sydney Morning Herald