Premier gives Sydney Fish Market a $750m boost
Premier Gladys Berejiklian is remaining firm on a commitment to transform the Sydney Fish Market and will announce a $750 million boost for the investment as the NSW government eyes off Pyrmont as a major growth suburb.
NSW
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Premier Gladys Berejiklian has backed her promise that “Pyrmont is open for business” with a $750 million investment in the Sydney Fish Market.
The cash splash to be announced on Thursday is the clearest signal yet that the whole precinct is seen as having a key role in the economic future of the city.
“In addition to the clear benefits for Pyrmont, the new market will be a boon for regional communities as a showcase for the very best seafood from along the NSW coast,” Ms Berejiklian said.
The new fish market will include public promenades, a ferry wharf and more than 30,000 square metres of new public space. The NSW government investment is three times what was originally anticipated when the project was first considered in 2016.
“One in five international tourists to Sydney visit the existing fish market and it’s the second most-visited attraction in Sydney behind the Opera House,” Ms Berejiklian said.
The fish market is in the same precinct as the proposed $500 million Ritz-Carlton tower at The Star which was rejected by planners and is now being assessed by the Independent Planning Commission.
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The Premier has also ordered the Greater Sydney Commission to reassess planning constraints for the whole area as part of a strategic rethink. The fish market redevelopment is seen as a key indicator that the NSW government is looking to the area as a major growth suburb.
Planning Minister Rob Stokes said: “Relocating the fish market to the head of Blackwattle Bay will improve pedestrian and cycling links and connect more of Glebe and Pyrmont to the water as part of the long-awaited revitalisation of the area.”
Two State Significant Development Applications — for the demolition of the existing fish market and the construction of the new one — will go on public display shortly.
The new building has been designed by Danish architects 3XN, in association with Sydney-based BVN and Aspect Studios, and is expected to be ranked alongside Tokyo’s Toyosu Fish Market as a destination for seafood lovers worldwide.
Community consultation will take place once the Commission’s Pyrmont Planning Review is complete with the new Sydney Fish Market expected to open for business in 2024.