Three leading developers, Lendlease Development, Mirvac Office Developments, and Stockland Urban Development Sub 2C have been shortlisted by the NSW Government for the renewal of a Government-owned site in the Blackwattle Bay precinct.
Currently home to the Sydney Fish Market, the proposed redevelopment aims to transform the 3.6-hectare parcel of land into a vibrant mixed-use precinct. All three developers are reputed urban renewal specialists with extensive experience in delivering housing, world-class public spaces, as well as active retail and commercial precincts. The shortlisted developers will be invited to submit a request for proposal in early 2025.
A change to the planning controls is also being sought to enable a more flexible land use mix that would allow more homes, without changing the building heights or gross floor area. Under the proposed planning controls, renewal of the existing Sydney Fish Market site will deliver up to 1,100 new homes within walking distance of Sydney’s CBD, light rail, and the future Pyrmont Metro Station.
This opportunity forms part of the broader urban renewal of Blackwattle Bay precinct bookended by the new Sydney Fish Market and a new harbourfront park at Bank Street.
The Blackwattle Bay precinct will see world-class public spaces delivered as a priority, including a new 1.1-hectare park at Bank Street and a new foreshore promenade, completing the missing link in the 15-kilometre continuous harbourside walk between Woolloomooloo and Rozelle Bay.
“This is a major milestone for the project and a once-in-a-generation opportunity to transform Blackwattle Bay into a lively world-class waterfront precinct alongside Sydney’s harbour, for all to enjoy,” Minister for Lands and Property Steve Kamper says.
“We are confident one of the shortlisted developers will deliver a vibrant new precinct including a new waterfront promenade and more open space alongside new homes and jobs.
“Blackwattle Bay is now set to boost housing supply, while unlocking the potential of the area and creating thousands of jobs to support a thriving 24-hour economy,” Kamper adds.
