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Sydney Fish Market gets $750 million cash injection

Sydney’s new fish market (SFM) has secured $750 million in state government funding and is one step closer to DA lodgement.

NSW Premier Gladys Berejiklian made the announcement on Thursday, saying that she expects the number of visitors to the market to double to more than five million a year after the relocation to Blackwattle Bay.

The new facility which has been designed by Danish architects has been in the works for five years. It will feature new public spaces including an amphitheatre, waterfront promenade and recreational wharves, and retail floor space will be doubled to more than 12,000 square metres to allow for more visitors, an expanded food service offering and more seating.

Retail expenditure is expected to increase by more than 100 per cent to almost $350 million a year. It will also provide an extra 242 jobs and boost the seafood industry in regional NSW and nationally.

SFM’s CEO Greg Dyer said Government has been “meticulous” in the preparation and applauded the Premier for paving the way for the development to proceed.

“Sydney Fish Market is one of Sydney’s major attractions, with 20 per cent of all international tourists to Sydney visiting the market during their stay,” he said.

“Guided tours will continue to attract thousands of people each year to experience the authenticity of an operating market place and more than 12,000 people will come to our brilliant relocated seafood school to learn how to cook fantastic seafood.”

Demolition of the existing wharves on the new site will begin soon, with the new market set to open in 2024.

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