BACK TO RESULTSHerbert Street Precinct Redevelopment
PIPELINE
STATUS
Prospective pipeline
Credibly proposed
Announced
Under procurement
Preferred bidder announced
Recently closed
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
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
