Australia has taken a major step toward completing its first new city in a century following a landmark agreement in Western Sydney. The Minns Labor Government confirmed on 22 December 2025 that it has finalised a development deal worth more than $1 billion with Plenary, a global Australian investment and development firm. The contract focuses on the transformation of the first “Superlot” which is a 5.7 hectare site located in the heart of the emerging Bradfield City.

The project is situated next to the new Metro station and Central Park. It aims to establish a mixed-use precinct that will provide housing, employment and education. Under the terms of the agreement, Plenary will deliver 1,400 new homes. Notably, at least 10 per cent of these residences are reserved for affordable housing. The site also allocates 25 per cent of its space to commercial ventures including a hotel, a university campus and advanced industries.

Construction will take place in stages and is expected to create thousands of local jobs. The first phase will roll out over the next five years to establish essential infrastructure. This includes childcare, health facilities and a 1,500 square metre dining venue that overlooks the park. By 2026, Plenary plans to start looking for a university partner and a major commercial tenant. They will also lodge planning applications for the hotel and housing components on the northern side of the lot.

Minister for Planning and Public Spaces Paul Scully said: “Bradfield City is coming to life with the release of the first Superlot to global Australian development and investment company, Plenary. This more than $1 billion partnership is set to deliver the first homes, a university and essential services like childcare, shops and health facilities providing the foundation for the future growth of Bradfield City.”

Acting Minister for Western Sydney Courtney Houssos noted that the government is building a city to support new opportunities for the next century. Plenary Chair Paul Oppenheim said: “It’s an honour to be entrusted by the NSW Government to be a long-term development partner with the Bradfield Delivery Authority team to help deliver Australia’s newest city, in the heart of Western Sydney.”

Ultimately, Bradfield City is projected to provide 10,000 homes and 20,000 jobs. The NSW Department of Planning, Housing and Infrastructure will oversee the developments to ensure a coordinated path for this globally connected hub.