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Harbourside Redevelopment to Transform Sydney's Darling Harbour

The redevelopment of Harbourside Shopping Centre at Sydney’s Darling Harbour is one step closer with the NSW Government entering into an agreement with Mirvac to turn the site into a world-class retail, residential, commercial workplace and entertainment precinct.



Minister for Enterprise, Investment and Trade Alister Henskens said the $2 billion
redevelopment is expected to support more than 2,000 construction jobs and create
nearly 4,500 further jobs on completion.

“This project will create an iconic new precinct in the heart of Sydney that will boost
our economy, create jobs and strengthen our visitor economy,” Mr Henskens said.

“The NSW Government has achieved another significant milestone entering into an
agreement with Mirvac to redevelop the site at no cost to taxpayers.”

Minister for Cities Rob Stokes said Mirvac’s Harbourside development will
complement the NSW Government’s efforts to transform Sydney’s waterfront.

“From Bays West to Circular Quay, we’re breathing new life into Sydney’s harbour
foreshore to make it greener, more accessible and more beautiful,” Mr Stokes said.

“The project will deliver a hectare of precious public open space, include a 3,500sqm
new park and a widening of the waterfront promenade.”

Mirvac CEO & Managing Director Susan Lloyd-Hurwitz said demolition work is
expected to start in January 2023.

“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,” Ms Lloyd-Hurwitz said. “This is another great example of
the private sector partnering with the NSW Government to deliver an iconic
redevelopment.”

The unique 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.