1500 new homes announced for Sydney Fish Markets days after Rosehill redevelopment shot down

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1500 new homes announced for Sydney Fish Markets days after Rosehill redevelopment shot down

The NSW government has been given the green light for 1500 new apartments in a massive redevelopment of Sydney’s old fish markets, days after a “once-in-a-generation” mini city was voted down.

The *********** Turf Club voted on Tuesday not to accept a proposed $5bn buyout of the Rosehill racecourse in Sydney’s west that would have made way for 25,000 new homes and a Metro station.

The controversial project was marred by delays, inquiries, and opposition from some of racing’s elite, and the decision dealt a blow to Premier Chris Minns’ push to ****** more homes close to the Sydney CBD.

On Friday, the government revealed the Department of Planning, Housing, and Infrastructure had approved Infrastructure NSW’s plans to amend planning controls at the Blackwattle Bay site.

Camera IconThe new Blackwattle Bay precinct in Sydney has been approved for 1500 homes. Credit: NewsWire

Located at the old Sydney Fish Markets, the site was already slated for 1200 homes as part of a mixed-use precinct, but the office area has now been reduced to cater for more homes.

Spanning some 30m of waterfront promenade, the project will rejuvenate the harbour and is being pitched as the “missing link” in the 15km foreshore walk from Rozelle Bay to Woolloomooloo.

It is expected to generate 4300 jobs at the government and private-owned sites within the precinct, which spans 3.4na near the city, with, open, recreational and cultural spaces.

With the state government requiring 7.5 per cent of the homes at Blackwattle Bay to be kept for affordable housing, the project is not a replacement for the failed Rosehill project shot down this week.

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About 56 per cent of members present voted “No” to the deal.

On Tuesday, Mr Minns said he accepted the ATC members’ decision but described the result as a “golden opportunity that slipped through our fingers” and hinted at a possible “Plan B”.

“We’ve got proposals that we’re getting ready to roll out for more housing closer to Sydney CBD,” he said.

“They’re not ready for me to announce today, and not everyone will love them, but they’re absolutely necessary for Sydney.”

Mr Minns has ruled out forced acquisition of the Rosehill site.

The Blackwattle project, meanwhile, is expected to receive proposals in July from the short-listed developers Lendlease, Mirvac and Stockland, with the first homes expected by 2028.

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