The first sod was turned on the new Village Centre at Redbank Communities last week, with its Home Display Village set to open on Saturday, October 24.
Hawkesbury MP Robyn Preston, Hawkesbury Mayor Patrick Connolly and other guests toured the new display village with Redbank Communities Mark Regent and Jock Douglas on Friday, October 16.
The group spoke with builders about housing, the growth of North-west Sydney and the contribution that construction and infrastructure make to the State and local economies.
It is estimated that on completion, the value of the Redbank North Richmond project will be in excess of $1.2 billion and is forecast to provide housing choices for around 3,900 additional residents over the next 8 years.
This is supported by State, Federal and developer contributions to road and infrastructure.
Redbank has 912 DA approved blocks out of a total 1399 blocks and has sold over 600 blocks to date. Currently, 462 homes have been completed or are currently under construction
Dominic Perrottet said that the Redbank community will deliver not only new housing and infrastructure, but also a boost to jobs.
"This next stage will provide more housing options in North Richmond, helping people find their dream home as the NSW Government continues its major investment in Western Sydney," he said.
"Building better road and rail connections throughout the region and creating jobs through major projects such as the new Western Sydney Airport."
Parliamentary Secretary to the Treasurer Scott Farlow, who represented Mr Perrottet during the tour of Redbank last week, said that the only way to keep the economy moving and to create jobs was to build.
"The Redbank North Richmond community is an excellent example of new housing and infrastructure construction which boosts the State economy and importantly creates jobs, jobs, and more jobs," he said.
Project Director of Redbank North Richmond Mark Regent said Redbank's point of difference in the Sydney market is that they had average block sizes that offered unparalleled views of heritage protected parklands and water bodies.
"There is a commitment to best practice, significant lifestyle gains for residents, and the building of legacy community programs which will enrich the lives of those who live here," he said.
"The importance of land releases in outer suburbs and the opportunity for people to live where they know and work, and perhaps grew up cannot be undervalued.
"The numbers are showing us that 40 per cent of our buyers have come from the Hawkesbury, Blacktown, the Hills and Penrith are our next biggest catchments with 16 per cent each."
Ms Preston said that housing and construction was one of the best ways to provide local jobs for many trades and to stimulate the economy.
"This project is especially important given the economic challenges we are facing," she said. "There are plenty of large lots for families to build quality homes on, with room to entertain and play in the backyard.
"Hawkesbury is one of the best places in NSW to raise a family and enjoy the open space and natural beauty on offer.
"This project is attracting a lot of interest from residents nearby and beyond and I am not surprised. It's a growing community with a nurturing village environment."
Cr Connolly congratulated Redbank Communities on their launch.
"I am told that four Australian building companies will open their latest home designs to potential residents of the Hawkesbury region and promote new house and land packages," he said.
Construction commenced on the Redbank Village Centre, which is set to see stage one completed in 2022.
The village will provide convenient food, lifestyle and shopping experiences for residents, as a café/restaurant forms part of the first stage of construction, alongside a children's playground and other greenspace works.
"The 254 lots scheduled for release within in the next year will, I am sure, help to boost our economy," said Cr Connolly.
"This is something that we are all striving to do, given what we have all faced during 2020.
"Equally, the Redbank Village Centre will be a welcome boost for the Hawkesbury and for the 1000 local residents who live at Redbank."