The New $750 Million Sydney Fish Market Has Been Fast-Tracked for Completion by 2024

The new and improved Sydney Fish Market is one step closer to reality with the NSW Government today, Wednesday, 17, approving the final plans and announcing the project's construction will kick off in just eight weeks.

One of 24 projects fast-tracked by the Government in a bid to create jobs and kick start the economy in the tail end of COVID-19, the ambitious $750 million revamp was first expected to cost $250 million when its designs were unveiled back in late 2018.

The project will see the original market relocated to bigger purpose-built premises, just next to the existing market at the eastern end of Blackwattle Bay. Designed by Danish architects 3XN, the new harbourside building looks mighty impressive. A curved roof will be crafted from timber and aluminium — a design element that's meant to emulate the scales of a fish.

The new market will be much more accessible and make use of its waterfront location with a new promenade, ferry stop and public wharves also being incorporated into the project, as well as an underground car park with 417 spaces.

"Building the new Sydney Fish Market at the head of Blackwattle Bay is an incredible opportunity to transform an under-utilised area into a vibrant, accessible and attractive waterfront precinct," Planning and Public Spaces Minister Rob Stokes said in a statement today. "The approved design also provides more than 4700 square metres of new public open space, and paves the way for a future shared pedestrian and cycle path that will provide waterfront access all the way to Woolloomooloo."

Inside, the popular Sydney Seafood School will be expanded and an assortment of bars, kiosks and restaurants will be the focus in a four-storey market hall — so you'll ideally have even more options for staying for yum cha, lunch or dinner.

Building expected to kick off in mid-August and completion slated for sometime in 2024. Because the build is a new structure, the existing market will continue to operate as usual while construction goes on.

The new Sydney Fish Market is slated for completion in 2024.