The transformation of Blackwattle Bay has hit another major milestone with three highly experienced developers shortlisted to renew the 3.6-hectare parcel of Government-owned land, currently home to the Sydney Fish Market, into a vibrant mixed-use precinct.
After significant interest from industry, three developers have been shortlisted following an Expression of Interest process to partner with the NSW Government:
- Lendlease Development Pty Ltd
- Mirvac Office Developments Pty Ltd
- Stockland Urban Development Sub 2C Pty Ltd
These developers are all highly regarded urban renewal specialists with extensive experience in delivering housing, world-class public spaces, as well as active retail and commercial precincts.
A change to the planning controls is being sought to enable a more flexible land use mix that responds to the need for more homes, without changing the building heights or gross floor area.
Shortlisted developers will be invited to submit a request for proposal in early 2025.
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.
Find out more about Blackwattle Bay
Minister for Lands and Property Steve Kamper said:
“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.
“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.
“Blackwattle Bay is in a prime location on the doorstep of the soon-to-be completed new Sydney Fish Market and will complete the last piece of the puzzle in the 15-kilometre harbourside walk from Woolloomooloo and Rozelle Bay.”