An Expressions of Interest (EoI) process is now open for the redevelopment of a 3.6ha portion of Blackwattle Bay, currently home to the Sydney Fish Market.
The New South Wales Government will also seek to increase the residential housing on the site to help address the states housing crisis. Previously the land-use controls were to have roughly 50 per cent commercial and 50 per cent residential on the site, but the new controls will aim to change this to 30 per cent commercial and 70 per cent residential, adding approximately 300 additional homes.
Partnering with the private sector is expected to enable the New South Wales Government to deliver high quality public places, including a foreshore promenade, and more than 3ha of public open space. Revenue generated from securing a development partner will go directly to the New South Wales Treasury to fund the delivery of the state’s housing initiatives.
Importantly, the 30,000m² of public domain will be prioritised for delivery, with a planning determination for the new 1.1ha Bank Street Park expected shortly.
This project is the last piece of the Blackwattle Bay puzzle, a 10ha precinct bookended by the new Sydney Fish Market and the new Bank Street Park under the Anzac Bridge.
As part of the renewal, access to and from the area will be improved with the future Pyrmont Metro Station nearby, while new parks, walkways, cycleways, and a 20-30m wide foreshore promenade will complete a 15km continuous harbourside walk between Woolloomooloo and Rozelle Bay.
Expressions of Interest are now open for qualified and experienced developers to help deliver this precinct, with submissions closing on 19 August 2024.
New South Wales Minister for Lands and Property, Steve Kamper, said that the State Government is focused on delivering housing and building communities.
“Blackwattle Bay will provide much-needed housing supply, while unlocking the economic and social potential of the area and creating thousands of jobs,” Mr Kamper said.
“Once complete, the precinct will be connected to a range of local public transport options, public open space and the iconic new Sydney Fish Market which is expected to welcome over six million visitors per year.
“This is 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.”
Image: Olga Kashubin/shutterstock.com
