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The Future of the Markets
Sydney Markets

Client
Sydney Markets Limited (SML)
Sector
  • Industrial,
  • PPPs & Infrastructure
Value
Not disclosed
Completion
2017
Services
  • Advisory

SML operates Sydney Markets at Flemington in Sydney – one of the largest and most successful wholesale fruit, vegetable and flower markets in the world. SML has a commitment to its stakeholder operators to build momentum in emerging growth areas and create enhanced operating facilities for the future of the markets. Sydney Markets has a number of key external influences including the growth of Sydney to the west, arterial transport links and the changing urban landscape for new residential centres.

Project Overview

Following our recent, extensive work on the Melbourne Wholesale Markets SML appointed Root Partnerships to identify an optimal model for future operation. The intention is to provide to SML’s operator-stakeholders with a strategic master plan that establishes the long-term requirements to enhance their operations and businesses, provide an optimal model for the ideal future market on an inner-city site, establish better logistics solutions and address an evolving work health and safety environment.

Our Role

Root Partnerships, in tandem with a consultant property advisor, worked with the SML to prepare a master plan for the continued future use of the high-value Flemington site. We consulted extensively with different stakeholder groups to thoroughly understand the markets’ operational requirements and developed a number of master plan options which ensure the efficient and effective continuance of the markets, maintain operations through delivery and enhance the long-term viability of this iconic market.

Key Challenge

A key challenge was the development of master plan options which meet the demands of the many different business groups whilst not adversely affecting the individual operations of more than 100 owner/operators. Root Partnerships’ was able to demonstrate extensive knowledge of produce markets from our Melbourne Markets’ experience and this gave confidence to the stakeholders that we fully understand their business aspirations, drivers and operations.