The precinct
Blackwattle Bay is re-emerging as a vibrant inner-city destination. It mixes the past with the future, blending history, culture and sustainability into a vibrant urban village.
Precinct vision
The urban renewal of Blackwattle Bay will reconnect the harbour, its neighbourhoods, and the city, creating an inclusive and iconic waterfront destination. This transformation will showcase Sydney’s living culture and stories of Country, and celebrate innovation, diversity, and community.
How will we achieve this?
Moving the Sydney Fish Market to the head of the bay unlocks approximately 10.4 hectares of harbourside land.
Rezoned in 2022, Blackwattle Bay’s urban renewal offers a rare opportunity to deliver new housing, jobs and leisure on the harbourfront—just 1km from Sydney CBD and well connected by transport.
Public spaces
More than half the site will be open and accessible to the public
A green harbourside
3.4ha of new public open space
A sustainable precinct
Targeting Net Zero Carbon by 2041, with future development to deliver socially and environmentally sustainable outcomes and Green Star Communities ratings
A direct boost to the NSW economy
4,300 new jobs, a boost of around $600 million total economic benefit to NSW and attract an estimated $3 billion of public and private capital investment
Connection to the water
A 20-30m wide waterfront promenade will complete the missing link in a 15km foreshore walk from Rozelle Bay to Woolloomooloo
Design excellence
High quality architecture for buildings and open space will be achieved across the precinct
A renewed tourist destination
The new Sydney Fish Market, currently under construction, will be the biggest fish market in the Southern Hemisphere aiming to attract 6 million visitors. It will offer a variety of fresh seafood, restaurants, cafes, bars, and specialty food retailers in a market hall setting
A vibrant 24-hour mixed-use precinct
Creating jobs and homes surrounded by a working harbour, waterside parks, cafes, restaurants and retail in an easily accessible location
Connection with Country
The renewed precinct will recognise and celebrate the traditional custodians of the land and waters of Blackwattle Bay – the Wangal and the Gadigal people
Integrated transport to the CBD and beyond
Multiple modes of transport accessible within 500m - Sydney Metro, light rail, bus, ferry and active transport links
What's next
The Blackwattle Bay Precinct was rezoned in 2022 following a State Significant Precinct planning process.
The new Sydney Fish Market is opening on 19 January 2026, and the existing site will be vacated.
Renewal of the existing Sydney Fish Market site has progressed through a procurement process and Mirvac has been announced as the preferred developer. Mirvac will deliver the vision and development outcomes set out in the 2022 rezoning, including delivery of a foreshore promenade and overwater boardwalk. The other three sites within the Blackwattle Bay precinct are privately owned and will be developed in their own time.
Bank Street Park will begin construction in 2026 following the signing of BESIX Watpac as the construction contractor.
Projects in the precinct
