Sydney Fish Market, city’s second most-visited tourist attraction to get a $750 million boost

  • September 19, 2019

Sydney Fish Market redevelopment plans as shared by NSW Government

Sydney Fish Market, the world’s third largest fish market after Tsukiji Fish Market in Japan and La Nueva Viga Market in Mexico, will get a $750 million state government injection for its plans to relocate adjacent to the old premises. The new complex will include 15,500 sq m of seafood retail space – compared with 6582 sq m of space for the existing site.

NSW Premier Gladys Berejiklian and Planning Minister Rob Stokes on Thursday announced the funding, saying the existing, but tired, market at Pyrmont is the second most-visited attraction in Sydney behind the Opera House.

“More people come to visit the Sydney Fish Market than visit Australia’s Great Barrier Reef each year,” Mr Stokes told reporters at the markets in Pyrmont.

The new facility, designed by Danish architects and built on the head of Blackwattle Bay, will include public promenades, a ferry wharf and vast public spaces.

Ms. Berejiklian predicts the number of visitors to the fish market will double over the next five years. “One in five tourists visiting Sydney visit Sydney Fish Market”, she said stressing upon the need for the development of Sydney Fish Market.

Sydney Fish Market (SFM) has welcomed today’s announcement by Premier Gladys Berejiklian that funding is secured for the new Sydney Fish Market and that DA lodgement is imminent.

SFM’s CEO Greg Dyer says, “It has taken more than five years of intensive consultation, research and detailed planning to achieve this important milestone. Government has been meticulous in their preparation and we applaud the Premier and her team for paving the way for the development to now proceed as planned.”

Economic modelling from Deloitte Access Economics shows the redeveloped Sydney Fish Market (SFM) will drive increased tourism to NSW, lifting Gross State Product by more than $0.6B in its first 10 years of operation.  The redevelopment will support an extra 242 jobs and boost the seafood industry in regional NSW and nationally.