Global Power | Local Knowledge | Uniquely Personal
中文

Sydney development to revitalise harbour

The Barangaroo precinct is set to revitalise Sydney's East Darling Harbour.

A development in Sydney is set to revitalise East Darling Harbour, containing a mixture of residential and leisure facilities.

Plans to build Barangaroo, a new precinct in Sydney's central business district, were announced by the state government in 2003 and approved in 2007.

Since then, the plan has been amended on a yearly basis to increase floor space and amenities. Included in these was a Crown Casino, which was approved recently.

In total there will be 800 apartments built in the precinct including 159 waterfront units. They will contain between one and three bedrooms.

The first apartments in the precinct are due to be completed in 2015. By this time there will also be two commercial towers and 50 shops, including cafes and bars.

Barangaroo is also tipped to be the first large carbon neutral community in Australia, with every building aiming for a 5 Green Star rating and measures to ensure it is sustainable.

Posted by Steve Douglas

 

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

Subscribe Now