Latest news with #InfrastructureNSW
Sydney Morning Herald
03-08-2025
- Business
- Sydney Morning Herald
Breakthrough in toxic dispute over Sydney Fish Market
The Sydney Fish Market's six seafood retailers have agreed to move to their $836 million taxpayer-funded premises on Blackwattle Bay, ending a stalemate that has contributed to the poisonous relationship between the NSW government, Multiplex and the market management. Sydney Fish Market told its existing tenants in an email on Thursday that 'the significant majority' of them, including all seafood retailers, had signed leases for the new site, and certification had been ticked off for them to access the premises and commence their fitout works. Infrastructure NSW anticipated the building handover to occur on 11 November, 'facilitating an opening prior to Christmas', the email said. Management has privately told its tenants that trading could begin in mid-December. The agreement breaks a long-running deadlock between the Sydney Fish Market and its tenants, who have been invoiced with costs ranging from several hundred thousand to a few million dollars for their fitouts, though they claim the building is not fit for purpose. Among their complaints are that the government's contribution to services such as plumbing, electrical and mechanical work is capped at a figure beneath their requirements and has not been indexed, leaving them exposed when building costs rose during and after COVID. They are also concerned that the power supply will be inadequate and that the allowance given to restaurants for mechanical exhaust falls short of their needs, forcing them to reduce their equipment or pay for more capacity. Their refusal to sign their new leases had left open the possibility of legal action on the basis they had not been offered 'like for like' premises under the terms of their lease agreements. The Herald can reveal that former tenant Vic's Meats reached a confidential settlement with the Sydney Fish Market on Monday, four months after the butcher abruptly closed its doors a day before Good Friday, the busiest trading day of the year. Business owner Anthony Puharich posted on social media an image of the new market covered by a red cross and cited an 'irreparable breakdown' in his relationship with the Sydney Fish Market behind his decision to depart the site.
The Age
03-08-2025
- Business
- The Age
Breakthrough in toxic dispute over Sydney Fish Market
The Sydney Fish Market's six seafood retailers have agreed to move to their $836 million taxpayer-funded premises on Blackwattle Bay, ending a stalemate that has contributed to the poisonous relationship between the NSW government, Multiplex and the market management. Sydney Fish Market told its existing tenants in an email on Thursday that 'the significant majority' of them, including all seafood retailers, had signed leases for the new site, and certification had been ticked off for them to access the premises and commence their fitout works. Infrastructure NSW anticipated the building handover to occur on 11 November, 'facilitating an opening prior to Christmas', the email said. Management has privately told its tenants that trading could begin in mid-December. The agreement breaks a long-running deadlock between the Sydney Fish Market and its tenants, who have been invoiced with costs ranging from several hundred thousand to a few million dollars for their fitouts, though they claim the building is not fit for purpose. Among their complaints are that the government's contribution to services such as plumbing, electrical and mechanical work is capped at a figure beneath their requirements and has not been indexed, leaving them exposed when building costs rose during and after COVID. They are also concerned that the power supply will be inadequate and that the allowance given to restaurants for mechanical exhaust falls short of their needs, forcing them to reduce their equipment or pay for more capacity. Their refusal to sign their new leases had left open the possibility of legal action on the basis they had not been offered 'like for like' premises under the terms of their lease agreements. The Herald can reveal that former tenant Vic's Meats reached a confidential settlement with the Sydney Fish Market on Monday, four months after the butcher abruptly closed its doors a day before Good Friday, the busiest trading day of the year. Business owner Anthony Puharich posted on social media an image of the new market covered by a red cross and cited an 'irreparable breakdown' in his relationship with the Sydney Fish Market behind his decision to depart the site.
Yahoo
03-06-2025
- Business
- Yahoo
Sydney Fish Market redevelopment to deliver 1,500 homes
The New South Wales (NSW) state government in Australia has fast-tracked the redevelopment of the old Sydney Fish Market site at Blackwattle Bay, which is set to deliver more than 1,500 homes. This acceleration comes after a rezoning initiative that aims to unlock an additional 320 homes in the precinct. The project includes a 7.5% affordable housing contribution, ensuring these homes remain affordable in perpetuity. The Rezoning Proposal, enabled by the NSW Government's State Significant Rezoning Policy, has amended the Sydney Local Environmental Plan 2012 to increase residential floor space. This move is part of a broader effort to revitalise the harbour foreshore and address the exodus of young people from Sydney due to high housing costs. The development will offer new homes near transport links, with over half of the Blackwattle Bay precinct becoming open and accessible to the public. This includes a 1.1-hectare waterside park and a waterfront promenade that completes a 15km foreshore walk from Rozelle Bay to Woolloomooloo. Infrastructure NSW is in the process of selecting a development partner through an open and competitive expression of interest. Lendlease, Mirvac, and Stockland are the three shortlisted developers expected to submit their proposals next month. The state government aims to start the project as soon as possible, with a focus on public spaces along the waterfront. Upon completion, the site will offer housing, commercial spaces, retail, and cultural experiences. The first new homes are anticipated to be built by 2028, with construction expected to continue for another six to eight years. Meanwhile, Powerhouse Parramatta, the museum project in NSW, has reached a significant milestone, achieving its full 75m height. The project's steel exoskeleton, which constitutes the majority of the 12,000 tonnes of steel used, allows for seven column-free exhibition spaces. Two spaces are already being prepared for exhibits. Powerhouse Parramatta, set to attract two million visitors annually, represents a cultural infrastructure investment by the NSW Government. The Neilson Foundation has donated A$5m ($3.2m) to the project, which includes naming rights for an exhibition space. The Powerhouse Museum philanthropic campaign has now raised A$65.9m, in addition to the NSW Government's A$840m investment. Construction of Powerhouse Parramatta is expected to be completed by the end of this year, with a public opening scheduled for late 2026. NSW Minister for Lands and Property Steve Kamper said: 'Today's topping out and completion of the exoskeleton marks an impressive milestone and is a clear indication of the scale and momentum behind this landmark build. "Once finished, Powerhouse Parramatta will be the largest museum in NSW, with 18,000m² of exhibition and public space - a true cultural and architectural icon for Parramatta and Western Sydney.' In April this year, the NSW Government approved a new A$139m warehousing estate in Western Sydney's Aerotropolis, marking further development in the region. "Sydney Fish Market redevelopment to deliver 1,500 homes" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
The Age
29-04-2025
- Business
- The Age
First look at the Barangaroo landmark 450,000 oyster shells built
The Minns government awarded the contract to build the structure to Stephen Edwards Constructions 13 months ago. Reaching seven metres, the pavilion features 85 structural steel columns and a large oculus in the roof, which was designed to allow natural light to flood the structure. The custom surface has been formed by mixing the recycled oyster shells with Australian marble chip, sand and cement to form a terrazzo cladding. The material was designed to reflect the waterfront's maritime and cultural history as a source of cockles and oysters for the Gadigal people. Nearly 2500 drought-tolerant native plants have been used to cover the 407-square-metre landscaped roof, which incorporates sandstone boulders and logs to provide wildlife habitats. Infrastructure NSW's head of projects Bruno Zinghini touted the pavilion as a 'celebration of collaboration, innovation, and sustainability'; Stephen Edwards Constructions' managing director Mathew Edwards said the project would 'remain a cherished community asset for years to come'. Loading Construction on the controversial final section of Barangaroo is expected to start this year after plans for the $2 billion-plus project were approved following more than two decades in limbo. The Central Barangaroo mixed-use precinct will feature 150 apartments, a hotel, shops, offices and eateries in buildings up to 10 storeys above the metro station. Half the site will be a foreshore park. Supporters said the approved proposal was a win for Sydney; critics said it would strip the foreshore of valuable public open space. The first stage of Central Barangaroo is not due for completion until 2030.
Sydney Morning Herald
29-04-2025
- Business
- Sydney Morning Herald
First look at the Barangaroo landmark 450,000 oyster shells built
The Minns government awarded the contract to build the structure to Stephen Edwards Constructions 13 months ago. Reaching seven metres, the pavilion features 85 structural steel columns and a large oculus in the roof, which was designed to allow natural light to flood the structure. The custom surface has been formed by mixing the recycled oyster shells with Australian marble chip, sand and cement to form a terrazzo cladding. The material was designed to reflect the waterfront's maritime and cultural history as a source of cockles and oysters for the Gadigal people. Nearly 2500 drought-tolerant native plants have been used to cover the 407-square-metre landscaped roof, which incorporates sandstone boulders and logs to provide wildlife habitats. Infrastructure NSW's head of projects Bruno Zinghini touted the pavilion as a 'celebration of collaboration, innovation, and sustainability'; Stephen Edwards Constructions' managing director Mathew Edwards said the project would 'remain a cherished community asset for years to come'. Loading Construction on the controversial final section of Barangaroo is expected to start this year after plans for the $2 billion-plus project were approved following more than two decades in limbo. The Central Barangaroo mixed-use precinct will feature 150 apartments, a hotel, shops, offices and eateries in buildings up to 10 storeys above the metro station. Half the site will be a foreshore park. Supporters said the approved proposal was a win for Sydney; critics said it would strip the foreshore of valuable public open space. The first stage of Central Barangaroo is not due for completion until 2030.
