Being initiated by local government, the Sydenham Creative Hub is essentially a land planning activity. It is proposed to keep the current general industrial zoning, while allowing restaurants, cafes, bars and businesses:
"... but only where the consent authority is satisfied that the business premises and/or office premises will be used for a creative purpose such as media, advertising, fine arts and craft, design film and television, music, publishing, performing arts, cultural heritage institutions or other related purposes...".What seems to be lacking from the plan is any concept of how to attract or support businesses, apart from helping with planning approval. There do not appear to be any targets for the project attracting business. I suggest the project needs a plan, with a budget and a projection it will be revenue positive for the council within a realistic time-frame.
The Council might want to also involve some local business students in working on aspects of the project beyond zoning. Also a workshop to work out a better name than the "Sydenham Station Creative Hub" (or just drop "Station"). The Council might also catalog the vocational training available in the area: brewers and other creative need training and certification.
ps: John Whelan, of the Inner West Council Economic Development Unit proved that this local council can, literally, organize a drinking session in a brewery. ;-)