Announced

Blackwattle Bay

Blackwattle Bay is the renewal of the former Sydney Fish Market site in Pyrmont, a 3.6-hectare waterfront precinct on Sydney Harbour delivered by Mirvac as development partner to Infrastructure NSW.

Official Website
TMW IntelligenceVerified Oct 6, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2027
Start
2033
Completion
1400
Units
35
Floors
Scroll for details
Details

Bank Street, Sydney. 35 floors and 1400 residences. Breaks ground 2027, completing 2033.

The story so far
Announced 2026 est.
Mirvac signs on to renew the former fish market site Feb 26, 2026Infrastructure NSW executed its development agreement with Mirvac on 26 February 2026, locking in the partner for the Blackwattle Bay precinct between Pyrmont and Glebe. The scheme delivers about 1,400 homes plus 26,000 sq m of public domain, parks, walkways, cycleways and continuous foreshore access, with State Significant Development Applications to follow, early works on site from 2027 and full completion in 2033. The old Sydney Fish Market site sits vacant and ready for demolition and renewal after the new market opened in January 2026. (Retry after timeout — check for duplicate.)
blackwattlebay.insw.com
Expected groundbreaking 2027
Expected opening 2033
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 44 · ElevatedSydney marketMarket →
Compare projectsAnalyze the market
About the project

Blackwattle Bay is the renewal of the former Sydney Fish Market site in Pyrmont, a 3.6-hectare waterfront precinct on Sydney Harbour delivered by Mirvac as development partner to Infrastructure NSW. The masterplan brings about 1,400 homes, including purpose-built student accommodation delivered with Scape, above ground-floor retail, dining and commercial space, with the tallest building rising to 35 storeys. More than three hectares of public open space frame the scheme, led by the 1.1-hectare Bank Street Park beneath the Anzac Bridge and a 30-metre-wide foreshore promenade and boardwalk that closes the missing link in the 15-kilometre Harbour Walk between Woolloomooloo and Rozelle Bay. Mirvac is targeting a net-zero carbon precinct with a 55 per cent cut in embodied carbon, and is working with the Sydney Institute of Marine Science on living seawalls to improve water quality in the bay. The precinct sits beside the new 3XN-designed Sydney Fish Market and replaces the old market buildings, which are being demolished, reconnecting Pyrmont, Ultimo and Glebe to a stretch of harbour edge long closed to the public.

Developer & design
The Sydney market 44 · Elevated supplyPyrmont 9-project pipeline · 3,519 residences and keys · peak Late ’27 Explore the market →
Common questions

Frequently asked

Where is Blackwattle Bay located?

Blackwattle Bay is located in Sydney.

When will Blackwattle Bay be built?

Blackwattle Bay is an announced development that has not yet started construction, targeting completion in 2033.

Who is developing Blackwattle Bay?

Mirvac, Infrastructure NSW is the developer behind Blackwattle Bay.

Who designed Blackwattle Bay?

Blackwattle Bay was designed by Woods Bagot.

How big is Blackwattle Bay?

Blackwattle Bay rises 35 stories with 1400 residences.