Shortlisted developers announced for Blackwattle Bay transformation

A major milestone has been reached on the redevelopment of Blackwattle Bay, which is currently home to the existing Sydney Fish Market. 

Following an Expression of Interest process, three shortlisted developers have been announced to undertake the transformation of a 3.6-hectare Government-owned land within the precinct. The three shortlisted developers are: 

• Lendlease Development Pty Ltd 

• Mirvac Office Development Pty Ltd 

• Stockland Urban Development Sub 2C Pty Ltd 

These developers have been regarded as urban renewal specialists with extensive experience in delivering housing, world-class public spaces, and active retail and commercial precincts. 

The shortlisted developers will be invited to submit a request for proposal in early 2025. 

“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,” Minister for Lands and Property Steve Kamper said. 

Meanwhile, 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. 

Under the proposed planning controls, the transformation of the existing Sydney Fish Market site will include up to 1,100 new homes within walking distance of Sydney’s CBD, light rail and the future Pyrmont Metro Station. 

This redevelopment is part of the broader urban renewal of the Blackwattle Bay precinct, which is bookended by the new Sydney Fish Market and a new harbourfront park at Bank Street. 

Transformation of the Blackwattle Bay precinct will deliver world-class public spaces including a new 1.1-hectare park at Bank Street and a new foreshore promenade, which will complete the missing link in the 15-kilometre continuous harbourside walk between Woolloomooloo and Rozelle Bay. 

The Blackwattle Bay precinct renewal is expected to create 5,600 new 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,” Minister Kamper said. 

Source: NSW Government – Media Releases; NSW Government – Blackwattle Bay (1, 2)