Herbert Street Precinct Redevelopment




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Herbert Street Precinct Redevelopment
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Credibly proposed
SECTOR: Social infrastructure
JURISDICTION: NSW
PROCUREMENT APPROACH: Unknown
TYPE: Greenfield

Project Scope 

The Herbert Smith Precinct is a proposal to redevelop part of the Royal North Shore Hospital (RNSH) campus in St Leonards, Sydney. The proposed redevelopment would cover an area of 2.27 hectares on the southern end of the 13 hectare hospital site.

The redevelopment will see the development of a new health precinct, which is likely to include:

  • up to 500 apartments, comprising at least 75 per cent as affordable housing and key worker accommodation, with the remainder as built-to-rent apartments
  • new and enhanced public open spaces
  • short stay accommodation for patients and carers
  • new educational facilities, possibly including a new primary school
  • restoration of heritage structures
  • improved connections to public transport and pedestrian access through the site, and
  • additional car parking facilities.

 


 

Key Dates

2022: Construction to commence

2025: Project completion

 


 

Project History

December 2020: Two community consultations were held on 1 and 2 December, presenting concept plans.

May 2020: The precinct was announced by the NSW Government.



Last reviewed: 26/02/2021

Presented by

Government sponsors

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Supporting agencies

 
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