Planning approval has been granted for the $1.6 billion CBD and South East Light Rail project.
The 12 kilometre route includes 20 light rail stops and extends from Circular Quay along George Street to Central Station and Moore Park, then to Kingsford via Anzac Parade and Randwick via Alison Road and High Street.
It will link Circular Quay and Central, the Moore Park sporting and entertainment precinct including the Sydney Cricket Ground and Sydney Football Stadium, Randwick Racecourse, the University of NSW and Prince of Wales Hospital at Randwick.
The CBD Light Rail will be a high frequency service departing every two to three minutes during peak periods within the CBD.
Construction is expected to commence in 2015 with the new light rail service operating by 2020.