Barangaroo is one of the most ambitious urban renewal projects in the world today, embodying world-class design excellence, place making and sustainability.
The precinct is a globally significant, 22-hectare, $6+ billion project that has redefined the western waterfront of Sydney’s central business district. This unique combination of international design excellence, financial and professional services, sustainability and exceptional public spaces is already making Barangaroo an exciting new destination for Sydneysiders and visitors alike.
When complete in 2024, Barangaroo will provide space for some 24,000 permanent jobs, generate approximately $2 billion per year to the NSW economy and provide more than 11 hectares of newly-accessible public domain.
The site is owned by the NSW Government and managed by the Barangaroo Delivery Authority.
As development project, Barangaroo was divided into three distinct sections: Barangaroo Reserve, Central Barangaroo and Barangaroo South.
The award-winning Barangaroo Reserve, a 6-hectare headland park, was opened by the then NSW Premier, the Hon Mike Baird MP, on 22 August 2015.
The southern financial and retail hub, including the three International Towers Sydney, opened progressively from 2015 and has become an acclaimed curated dining precinct with some of Australia’s biggest corporate names as tenants. It will also be home to Australia’s only 6-star hotel.
Central Barangaroo, a recreational, residential, retail and commercial precinct, will complete the Barangaroo picture. Bid submission for the Central Barangaroo tender has closed, and the process of evaluation is ongoing.