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Graeme Loy A/Chief Executive Western Sydney Local Health District 16 November 2018 Westmead Innovation Precinct

Transcript of Westmead Innovation Precincthealthinnovationprecincts.com.au/upload/hip/graeme-loy-case-study... ·...

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Graeme Loy

A/Chief Executive

Western Sydney Local Health District

16 November 2018

Westmead Innovation Precinct

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Westmead Innovation Precinct

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Westmead: our place in western Sydney

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Westmead Innovation Precinct: a place of global significance

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Westmead Innovation Precinct: a place of global significance

Parramatta CBD

Westmead precinct

Sydney CBD

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Broader planning framework

Aligns with Greater Sydney Region Plan, Central City District Plan and Future Transport Strategy 2056

Located in the heart of the Central City District (near Parramatta)

Transport links and connections to the Western City (home of Western City Airport and Sydney

Science Park) and the Eastern City (current Sydney CBD)

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Proximity to Parramatta: Sydney’s second CBD

Parramatta at the heart of Sydney’s River City

Experiencing an intense transformation:

• Population set to increase by 75 per cent over

next 20 years

• Employment growth expected to double to

186,000 by 2021

• More than $10 billion currently invested

• New residential developments, retail and civic

spaces and arts and cultural amenities

underway

• Sydney Metro West – double rail capacity

between Parramatta and Westmead

Parramatta now positioned as Sydney’s second

great city

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Young, diverse, educated population

Westmead is the second most educated neighbourhood in

Sydney

26.3% of residents have a postgraduate degree (2016

census)

Over 1,300 research staff and students

Nearly half the population are aged 25 to 50

The median age of residents is 35

Almost half the population speak a language in addition to

English at home

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Westmead’s growth

More than $3 billion committed by government, universities and the private sector to upgrade and

expand the precinct over the next few years

With additional private and non-government investment, Westmead could provide 50,000 jobs and an

additional $2.8 billion per year to the NSW economy

18,000 40,00028,000Jobs

2,000 30,00010,000

2016 2026 2036 2046

50,000

50,000Students

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Westmead’s scale

Westmead is one of the largest health, research,

training and education precincts in Australia:

• 75 hectares (Core)

• Significant hospital activity – 2.8 million outpatient

visits and more than 160,000 emergency

department presentations every year

• World-leading medical research institutes

• The University of Sydney and Western Sydney

University each have campuses on the precinct

These organisations work together in an integrated

and co-ordinated way to deliver world-class

innovation and services for NSW and Australia.

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Precinct Governance

WESTMEAD ALLIANCE

Precinct Coordination Group

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Vision: Westmead Innovation District

VISION: Westmead is a connected, productive, vibrant place to live, work, learn and play,

with all the features of a world-leading innovation precinct

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A productive, workable, liveable and accessible global health precinct

Focus on integrated healthcare, teaching and translational research

Collaboration and partnerships with industry to drive innovation

Promotes patient and staff wellbeing and community engagement

Attracts staff, students, residents, researchers and visitors from all over the world

Vision: a place for world-class healthcare and research

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Vision: a productive place for business

Close proximity to existing and future health, research and education uses

Fostering local economies and business

Links to Innovation Centre and other precincts around the world

Incubator hub for medtech/biotech start-ups

Unique experience for existing and future workforce

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Leverage investment

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University Campus

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Partners

Westmead Hospital

Institute for Clinical Pathology and Medical Research

The Westmead Institute

Kid’s Research Children's Medical Research

Institute University of Sydney>1300 Research Staff and Students

Westmead Research Hub

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The importance of Medical Research to Health

• Teaching hospitals have a culture of evidence based medicine based on research outcomes

• A top class research environment attracts the best doctors and establishes the best clinical units

• Provides a gateway for advances in clinical care and introduction of drug

treatments

• Worldwide healthcare is a business in which Western Sydney should participate

• e.g. biotechnology industries are established around outstanding medical research/teaching hospitals/university complexes, Stanford, Harvard – this is

happening in Australia especially Melbourne, Brisbane and Macquarie,

it will happen in Western Sydney

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Research Strategy

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Research CommercialisationCollaboration in:

Commercialisation Common branding/marketing

Researcher education Events

The Westmead Research Hub have invested in a Commercialisation Team

Westmead Research IP for commercial partnering

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Westmead Innovation District master plan

• Deliver significant job creation, improved urban design and social infrastructure

• Inform future investment

• Engage government, industry and the community

• Identify required infrastructure

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Contact

Graeme Loy

A/Chief Executive

Western Sydney Local Health District

Phone: (02) 8890 9940

Email: [email protected]