Sydney’s new fish market hoping to attract millions of visitors a year nears completion

ABC NEWS (Australia)

As Sydney’s new fish market nears completion officials are yet to reveal whether it'll be open by Christmas. On Thursday, state politicians including the premier got a first look at the contentious harbourside development which is expected to attract around six million visitors each year.

Transcript

00:00In the form of a wave on Blackwattle Bay, Sydney's new fish market will be the largest

00:10in the southern hemisphere.

00:12This will become a tourism mecca for people around the world, people around Australia

00:16as well as Sydneysiders as they come to what will undoubtedly be the best fish markets

00:21in the world.

00:22Initially set to open last year, the project's been plagued by delays.

00:28We don't have a date to share with you today unfortunately, it is imminent, you know it's

00:34just too early to make that call.

00:36With an initial budget of $250 million, the final cost of the entire project now sets at

00:43around $830 million.

00:46But officials are confident they've reeled in the remaining costs.

00:51Transforming from the precinct that we have to the new has come with its challenges.

00:56We return to profitability this year and we're focused on reporting similar results for the

01:02coming year.

01:03The new market sits adjacent to the original site which will be redeveloped into more than

01:081,200 residential apartments.

01:11But it's unclear when exactly that development will be finalised and delivered.

01:15But there are also other lands owned by private landowners and there could be development happening

01:21on that land as well.

01:22The area will also include a new ferry terminal and extended walkway.

01:27Nothing worth doing is easy and if you look at the history of Sydney, some of our big iconic

01:31projects, they've all had difficulties and this is the latest example.

01:35Once complete, the market will double its number of retailers across four floors and operate

01:41until 10pm each night.

01:42April 2019

01:4300 March 2014

01:4400 March 2014

01:4700 March 2014

01:48αν

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