Source: Australian Financial Review
Author: Robert Harley
Young property and design professionals have a chance to show how Sydney’s George Street can become one of the world’s great urban strips in a competition to be run by Urban Land Institute (ULI) and its ULI Young Leaders Group.
The competition, George Street 2020, Reimagine Sydney’s Main Street, will be launched on Thursday with the stage-one winners to be announced at the opening event of the Sydney Architecture Festival on October 2.
The competition has the support of the ULI Urban Innovations sponsor, Mirvac, Committee for Sydney and the City of Sydney.
Sydney’s Director City Planning, Graham Jahn?, said the competition provided a challenging platform that on one hand tests the innovative skills of up-and-coming urban development practitioners while teasing out fresh ideas and scenarios that could shape the city’s urban landscape for decades to come.
“George Street has the potential to be ‘the best street in the world” – the future experience of George Street will be a game-changer for retail customers, walkers, workers, and will influence property development decisions and investment,” he said.
Mirvac’s head of residential apartments, John Carfi, said Mirvac had a focus on innovation and encouraged the call for fresh international ideas on the successful urbanisation of our cities.
The ULI was formed in 1936 as a not-for-profit education and research institute supported by its members and with the aim of providing leadership in the responsible use of land and the creation of sustainable thriving communities worldwide.
Today, the group has more than 30,000 members in 98 countries. Its 1400 members in Asia include185 in Australia as at September 2014.
The chairwoman of ULI Young Leaders Group, Australia Clare Sowden? said that too often the voice of young people was overlooked in shaping cities.
“By harnessing the ingenue and boldness of the world’s best young thinkers we are seeking to contribute ideas to making George Street a globally significant place,” she said.
The Urban Innovations Prize will be awarded to the competition winner who will present their ideas at ULI’s 2016 Asia Pacific Summit.
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