A new waterfront park and spaces for events are planned to be built in the Sydney precinct of Baranagaroo.
The master plan for Central Barangaroo was delivered on November 5th, including plans for infrastructure and public spaces.
Chief executive officer of the Barangaroo Delivery Authority John Tabart said: "The refined master plan framework provides the opportunity for Central to be more active and engaging, with greater flexibility allowing for a diversity of uses."
Barangaroo has seen $6 billion in investment and is intended to be a place in which Sydney dwellers can live and work. While the area was previously used as a port and industrial space, it is intended to be 50 per cent public space.
The precinct is proving popular with people looking to buy, with apartment blocks selling out at Sydney's weekend auctions.
At present, the precinct is under construction with certain areas, such as Headland Park, due to be completed in 2015.
Posted by Ravin Chatlani