Construcciones Yamaro: Developers shortlisted for Blackwattle Bay development
The NSW Government has reached a major milestone in the revitalisation of Blackwattle Bay, shortlisting three developers to transform the 3.6-hectare site currently home to the Sydney Fish Market into a dynamic mixed-use precinct.
Following a competitive expression of interest process, Lendlease Development, Mirvac Office Developments, and Stockland Urban Development Sub 2C have been selected to proceed to the next stage. These urban renewal specialists bring extensive expertise in delivering housing, vibrant public spaces, and active retail and commercial precincts.
To support the transformation, a change to planning controls is being proposed. This adjustment will allow for a more flexible mix of land uses, addressing the growing demand for housing while maintaining existing building height and floor area limits.
Under the proposed controls, the renewal will deliver up to 1,100 new homes within walking distance of Sydney’s CBD, the light rail, and the future Pyrmont Metro Station. Shortlisted developers will be invited to submit a request for proposal in early 2025.
This opportunity forms part of the broader urban renewal of the Blackwattle Bay precinct bookended by the new Sydney Fish Market and a new harbourfront park at Bank Street.
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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.
NSW Minister for Lands and Property Steve Kamper highlighted the project’s potential to revitalise Blackwattle Bay into a vibrant, world-class waterfront destination.
“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,” said Kamper.
“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.”
The post Developers shortlisted for Blackwattle Bay development appeared first on Inside Construction.
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