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New Sydney precinct

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14 July 2010

Barangaroo’s 22 hectares of wharves and industrial space, adjacent to Sydney’s iconic Harbour, is being transformed into Sydney’s premier financial services district in the heart of the city CBD.

NSW Premier Kristina Keneally yesterday joined Greater Sydney Partnership Founding Chairman, Peter Holmes á Court, Layne Beachley, and Barangaroo Delivery Authority Chairman, Mike Collins to promote Barangaroo at an official NSW Week Expo event.

"Barangaroo is a $6 billion development which will become the financial services centre of Sydney, with commercial office towers mixed with residential apartments in a busy public waterfront precinct, public open space and a magnificent new Headland Park in the centre of the Sydney CBD," Ms Keneally said.

The NSW Government this week released the proposed design for the Barangaroo Headland Park, created by the world’s leading landscape architect Peter Walker.

The Headland Park will feature a new cultural centre built within the headland, as well as picnic areas, walking paths, water access and tidal pools.

Construction of the Headland Park will commence later this year after consideration of the design by the NSW Department of Planning. It will be completed by 2014.

"The magnificent Headland Park will be an asset for Sydney and NSW for generations to come," Ms Keneally said.

"The NSW Government is seizing this once-in-a-lifetime opportunity to transform the disused industrial site into somewhere people live, work and play.

The park will be funded by development of the southern commercial precinct, meaning it will be delivered at no cost to NSW taxpayers.

"The park itself will closely resemble its form before 1836. It will be a space and a place that people of NSW can enjoy, and it is being delivered at no cost to them.

"It will reflect the rugged sandstone topography of the harbour and will include the planting of large Port Jackson fig trees, Angophora, and other native trees.

"This will be a place where people can touch the water, and interact with natural beauty that has not existed on the site for more than 170 years."

For more information on the Barangaroo redevelopment visit: www.barangaroo.com.

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