The redevelopment and relocation of the Sydney Fish Market is proving so troublesome the project has turned into a saga rivalling the Sydney Opera House’s tortuous 14-year development.
The government agreed to build the new market on a separate site to ensure no interruption to trade during construction. While 27 new subtenants will be charged at the market rate on the new site, existing tenants will only pay their current peppercorn rate. The six seafood retailers also have the benefit of a long-standing, unwritten promise by management that no new fish shops will be accepted as tenants, which will extend to the new site.
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