Darling Harbour and Barangaroo are two monster developments I am keeping an eye on, and not only because I own property in the area at Darling Harbour.
The sheer scale of the projects mean that they are important to the city economy, with a projected spend of $8.5 billion from Lend Lease alone.
Last week, I took a detailed look at Barangaroo here, having spent a day down on the construction site.
This week, a quick look at Darling Harbour's regeneration, which Lend Lease are expecting to set them back the small matter of $2.5 billion.
The demolition phase is now complete, and the foundations are being laid for the new structures.
These massive projects have are still at the lower end of their S-curve and the big project spending is yet to come.
At Barangaroo for example, only 900 workers are presently on site per day.
This figure will increase to 2000 per day when the project really hits its straps.
Personally, I believe that construction work done in New South Wales will hit a record high at some point in the next year, which is excellent news for the state, and Sydney in particular.
Construction work done in chain volume measures terms has rebounded by around 40% in NSW since 2012 and looks set to hit record heights (click chart).
Darling Harbour is being reinvented as a world class location for tourists and city residents.
I, for one, can't wait to see the finished article.