NSW Fast-Tracks Rezoning for Sydney Fish Market Site

The old fish market site is gearing up for transformation, with new housing bolstering its mixed-use redevelopment.

The NSW government has announced the site of the old Sydney Fish Market at Blackwattle Bay is set to deliver more than 1500 new homes, after fast-tracking rezoning to deliver an additional 320 homes in the precinct.

The rezoning was formalised with amendments to the planning controls, allowing for more residential floor space, following public consultation between December 2024 and January 2025.

This is part of the larger $750 million redevelopment of the existing Sydney Fish Market first announced in 2019, aimed at revitalising the area with new public amenities alongside housing.

Central to the redevelopment is 6,000sqm of new public open space, a 15km continuous foreshore walk from Woolloomooloo to Rozelle Bay and a public market hall, featuring a variety of fish traders, restaurants, cafes and bars.

The redeveloped precinct will see 1500 new homes. Picture: NSW Government

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NSW minister for planning and public spaces Paul Scully said the rezoning removed barriers in the planning process to make it easier to build new homes.

“This project is an example of that and will now provide more than 1,500 new homes for Blackwattle Bay, while also unlocking the economic and social potential of this unique part of Sydney’s foreshore,” Mr Scully said.

“This is a once-in-a-generation waterfront renewal project that will open a hidden part of the harbour to the city and its people for the first time in over a century while suppling more homes.”

A development partner to deliver the mixed-used site will be selected following an expression of interest process. Mirvac, Lendlease and Stockland are currently in the running, with their proposals set for evaluation this July.

The government will then work with the preferred development partner to commence work on the project – with the delivery of public spaces prioritised first.

“We understand that we are facing a generational housing crisis, and we need to ensure we can deliver well-located homes close to transport, jobs and community amenity,” NSW minister for lands and property Steve Kamper said.

“The Blackwattle Bay rezoning finalisation will unlock new homes and will help to revitalise the harbour foreshore area, which will include a continuous boardwalk from Rozelle Bay all the way to Woolloomooloo.”

The current Sydney Fish Market remains operational until the completion of the new precinct, anticipated later in 2025.

The newly zoned area will likely see its first new homes by 2028, with construction continuing for six to eight years thereafter.

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