A host of exciting new infrastructure developments in Sydney including the biggest change to Darling Harbour in 25 years plus a spate of new hotels in the city’s prime tourism areas are set to transform the city’s skyline and attract even more visitors to its shores.
Major infrastructure projects include the transformation of Darling Harbour including Australia’s largest exhibition and convention centre, a major harbourside development at Barangaroo, significant upgrades to Sydney Airport and the planned regeneration of The Bays Precinct, a waterfront space in the inner west.
Minister for Trade, Tourism and Major Events Stuart Ayres said, “Sydney is a global city offering world-class events, leading hotels and a spectacular Harbour. These significant investments led by the NSW Government will ensure Sydney continues to compete on a global scale in attracting international and domestic visitors to achieve the NSW Government’s target of doubling overnight visitor expenditure by 2020.”
The $3.4 billion transformation of Darling Harbour includes the development of the International Convention Centre Sydney (ICC Sydney), Australia’s largest exhibition, events and convention centre. The ambitious project will redefine events and conventions in Australia offering greater capacity, state of the art facilities and world best practice technology in an unrivalled Sydney Harbour location. The space will generate $200 million annually for the NSW economy and a total of $5 billion to the State over 25 years.
The transformation project will also include the new landmark The Sofitel Sydney Darling Harbour five-star hotel with 600 room capacity at the northern end of the site as well as a new commercial, residential and retail space in the south all in the heart of a prime waterfront precinct in the Sydney CBD. The Sofitel Sydney Darling Harbour is set to open in 2017.
The much anticipated Barangaroo development is set to inject new life into Sydney Harbour and will span 22-hectares on the western harbour foreshore of the CBD. Headland Park, a new flagship harbour park, is set to open at the end of next month in the first stage of openings for the public.
On completion, the waterfront precinct will comprise three zones, a commercial and residential precinct, a dynamic public events and recreation space and a world leading hotel.