Darling Harbour’s $2 billion ‘reimagination’ to begin via Mirvac in January 2023
Work on the long-awaited redevelopment of Darling Harbour is expected to begin in January next year, after the NSW government gave Mirvac its blessing to transform the one-time Sydney jewel attraction.
The Perrottet government has announced it has “entered into an agreement with Mirvac to turn the site into a world-class retail, residential, commercial workplace and entertainment precinct”.
The $2 billion project is expected to support 2,000 construction jobs and create around 4,500 further jobs on completion, NSW Minister for Enterprise Investment and Trade Alister Henskens said.
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“The NSW Government has achieved another significant milestone entering into an agreement with Mirvac to redevelop the site at no cost to taxpayers,” he said.
Once a key attraction for tourists and Sydneysiders alike, Darling Harbour’s popularity has slipped in recent years and the CBD location is ripe for reformation.
Plans of the project include a hectare of open public space, including a 3,500 sqm new park and a widening of the waterfront promenade.
The area’s new design, a collaboration between Snøhetta and Hassell Studio was chosen from six entrants in an international design competition with a jury comprising representatives from the NSW Government Architect, Placemaking NSW, the City of Sydney and Mirvac.
“This project will reimagine the Darling Harbour waterfront and provides a critical missing piece of the Western Harbour rejuvenation that has been taking place since the completion of the ICC,” Mirvac CEO & Managing Director Susan Lloyd-Hurwitz said.
No time frame has been given for the completion of the project.
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