This article is from the Australian Property Journal archive
THE NSW Minns government has rejigged land-use controls for Sydney’s Blackwattle Bay, prioritising more housing over commercial and is seeking a partner to develop a 3.6 hectare parcel currently home to the Sydney Fish Market.
Previously the land-use controls were to have roughly 50% commercial and 50% residential, but in light of the housing crisis, the government will change this the mix to 30% commercial and 70% residential.
The changes will deliver approximately 300 additional homes.
This project is the last piece of the Blackwattle Bay puzzle, a 10-hectare precinct bookended by the new Sydney Fish Market and the new Bank Street Park under the Anzac Bridge.
Minister for Lands and Property Steve Kamper said the 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.
“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 6 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.” Kamper said.
