Project Sydney: Pyrmont could become a high-rise hub to rival Sydney’s CBD
A city suburb could become a high-rise hub to rival Sydney’s the centre of the city over the next two decades. Urban development experts believe the western Harbour is the natural place for Sydney to expand as the population swells by 750,000 in the next 10 years alone.
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The Pyrmont peninsula could become a high-rise hub to rival the centre of the city over the next two decades.
Urban development experts believe the western Harbour is the natural place for Sydney to expand, with the population set to swell by 750,000 in the next 10 years alone.
“There are a number of early pointers to the rethinking of Pyrmont as a high-rise spine to match Sydney’s CBD,” Urban Taskforce chief executive Chris Johnson said.
“The regeneration of Darling Harbour with its high-rise hotel has begun the change.”
Sydney architects LAVA, European Architects of the Year in 2017, imagined how the Pyrmont peninsula could look by 2040. It would establish a mixed-use precinct with an entertainment and mixed dining flavour that would complement Barangaroo on the opposite side of the water.
“At the moment there are just scattered buildings. What is needed is a way for them to be connected,” LAVA director Chris Bosse said.
“Pyrmont is so close to the city. There is enormous potential for residential, entertainment and hi-tech businesses all to be developed just five minutes from the CBD.”
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There are already exciting developments on the cards in the area. The Star Entertainment Group’s proposed $500 million tower — which should be open by 2022 — will house a luxury six-star Ritz-Carlton hotel with apartments underneath.
It will provide a much-needed boost for the rebuilt International Convention Centre at Darling Harbour, which held 1100 events in its first 18 months of operation and attracted more than two million visitors, providing a $1.5 billion boost to the NSW economy.
“The proposed 61-storey tower for The Star casino begins a rethink of heights on the peninsula, along with the proposed tower at Harbourside,” Mr Johnson said.
Last year a team of Danish architects was selected to build the $250 million development of the new Sydney Fish Market, which will feature more foreshore dining, extra car parking and bigger shops.
The new site would be just around the corner from the much-loved existing markets in Blackwattle Bay and would be funded by its sale for high-rise apartments.
“Clearly public transport will be essential for the new uses,” Mr Johnson said.
Proposals include a station on the Metro West line as it connects to Parramatta via the Bays Precinct and Sydney Olympic Park.
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