Blackwattle Bay Redevelopment To Deliver 1,400 New Homes And Complete Sydney’s 15km Harbour Walk

Sydney’s western harbour foreshore is about to change—again.

The Minns Labor Government has signed a major contract with Mirvac to redevelop the former Sydney Fish Market site at Blackwattle Bay into a new mixed-use waterfront precinct. The milestone locks in the next stage of transformation along Sydney Harbour, bringing housing, parkland and a long-promised continuous foreshore walk closer to reality.

At the heart of the project? A new boardwalk that will complete the missing link in the 15-kilometre Harbour Walk from Woolloomooloo to Rozelle Bay—finally stitching together one of the city’s most scenic waterfront routes.

Can’t wait? Jump to:

• What’s Happening At Blackwattle Bay?
• How Many Homes Are Being Built In Blackwattle Bay?
• What Public Spaces Are Planned?
• Sustainability And Environmental Upgrades
• When Will Blackwattle Bay Construction Begin?

What’s Happening At Blackwattle Bay?

Following the opening of the new Sydney Fish Market in January 2026, attention has turned to the old fish market site and surrounding land.

The redevelopment will begin with a 30-metre-wide waterfront promenade and boardwalk, designed to complete the final stretch of the harbour’s 15km continuous foreshore walk. Once finished, pedestrians and cyclists will be able to travel uninterrupted from Rozelle Bay to Woolloomooloo along the water’s edge.

The broader precinct will introduce around 1,400 new homes on the former fish market site, alongside commercial and retail offerings, public green space and active transport links.

How Many Homes Are Being Built In Blackwattle Bay?

The transformation forms part of a wider proposal for the Blackwattle Bay and Wentworth Park surrounds, which includes:

• 1,400 apartments on the old Sydney Fish Market site
• 2,500 additional homes enabled through rezoning
• 4,800 apartments already planned or approved nearby

Of the 1,400 dwellings proposed for the fish market site, 580 are earmarked for purpose-designed student accommodation in partnership with Scape by The Living Company.

The precinct is being delivered under a “living-led” approach, with Mirvac applying its residential expertise to create a connected waterfront neighbourhood rather than a standalone apartment cluster.

What Public Spaces Are Planned?

Beyond housing, the redevelopment significantly expands public access to the harbour.

Plans include:

• More than three hectares of new public open space\
• A 2.6-hectare foreshore public domain described as an “outdoor living room”
• A central pedestrian laneway
• Dedicated cycleways
• A skatepark
• Community kayak storage
• A pavilion for gatherings and events

The broader proposal also includes 14 hectares of consolidated parkland and sporting facilities at Wentworth Park, following the planned demolition of the existing greyhound racecourse when its lease expires in 2027.

Bank Street Park, a 1.1-hectare green space beneath the Anzac Bridge, is already underway as part of the first stage of renewal.

Sustainability And Environmental Upgrades

Sustainability is central to the redevelopment.

The project is targeting net zero carbon by 2030 and will incorporate innovative living seawalls developed in partnership with the Sydney Institute of Marine Science to improve marine biodiversity and water quality.

Active transport is also prioritised, with new walkways and cycleways reconnecting Pyrmont and Glebe to Sydney Harbour and reducing car dependency in the growing inner-city corridor.

When Will Blackwattle Bay Construction Begin?

Construction on the housing component at the old fish market site is expected to commence in early 2027, subject to planning approvals. Housing works are anticipated to be completed by 2028, with the full precinct redevelopment scheduled for completion by 2033.

The signing of the Mirvac contract signals the formal beginning of that next phase — shifting the vision for Blackwattle Bay from render to reality.

With the new Sydney Fish Market already reshaping the waterfront, the transformation of Blackwattle Bay positions this stretch of harbour as one of the most significant urban renewal projects currently underway in Australia.

For more information, visit the official Blackwattle Bay project page.

Image credit: Blackwattle Bay | Website