Since 2005: Networks
Pier One function centre and southern approach to the harbour bridge with the opera house at left.
Since the latest redevelopment of the Walsh Bay precinct, the precinct and its surrounding neighbourhoods have been gentrifying. The area’s waterside apartments and townhouses have accelerated in value (recent sales of $A3-7 million), following completion of the new Barangaroo (formerly Millers Point) headland park and the high-rise commercial/hospitality precinct at Barangaroo South.
In the post-internet 21st century, this strip of coast continues to bustle with international creative services companies, restaurants and cultural venues. A new metropolitan train station is being built near Towns Place to improve physical links with the north shore, western suburbs and stations around the city.