The NSW Government has announced plans to transform Glebe Island into 'Bays West', a new inner Sydney suburb featuring up to 8,500 homes with some towers reaching 40 storeys. The development will include 10% affordable housing, public waterfront access, and open space, coinciding with the closure of Sydney Harbour's last working port. Construction industry representatives warn that relocating cement operations from Glebe Island to Port Kembla will increase logistics costs, potentially adding $50 to apartment prices, with the first residents expected to move in by 2032 alongside the opening of the new Bays metro station.

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Glebe Island to become luxury waterfront suburb

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