The attraction will be called Winter Sports World but is also known as “the giant Esky”.
Alongside snow sports infrastructure for beginner to advanced skiers and snowboarders and a snow sports competition venue, the park will include a four-star 170-room hotel with event space.
The attraction is expected to employ over 2,700 people during construction, double visitation to Penrith and inject $222 million each year into the local economy.
“This is a transformational piece of tourism and social infrastructure befitting Australia’s newest global gateway, Western Sydney International Airport, just 12km away,’’ said Winter Sports World’s managing director, Peter Magnisalis.
“Winter Sports World will change the Penrith and Western Sydney landscape in a way and to such a degree that the whole world will sit up and take notice.
“This is an out-of-the-box project – and we need more of them in Western Sydney,” he said.
The project received state significant development approval in January this year and is on track to begin construction in 2025, according to Magnisalis.
More details of the attraction will be revealed at the 14th Annual NSW Major Projects Conference at ICC Sydney this week, including the food and beverage and snow and ski operators for the resort.
Ahead of the opening of the new Western Sydney International Airport in 2026, Western Sydney visitor economy and business forums have been calling for more attractions and more hotels in the region to service and capitalise on the expected influx of visitors.