The government of New South Wales have announced plans for Sydney's largest program of urban renewal since the 2000 Summer Olympics. The proposal seeks to utilise and regenerate a series of former docklands from the area of Blackwattle Bay, through the Sydney Fish Market, Rozelle Bay and Rozelle Rail Yards, to White Bay Power Station (a protected building).
An international summit will be held on the 20th November 2014 in order to discuss the proposed collection of projects in more detail but, if pursued, it will create architectural and urban design opportunities that will attract designers from around the globe to one of Australia's greatest cities.
See a diagram of the proposal here (PDF).
References: Architecture & Design