His private real estate and construction company boomed during the redevelopment of Shanghai's Pudong waterfront district.
Urban Growth is consulting with the community on a plan to transform the Bays Precinct, and expects a decision from the Baird government on a development blueprint in August.
Urban Growth chief executive David Pitchford said last week neither he, nor new Minister for Planning Rob Stokes had met with developers, after The Sun-Herald reported Dahua would make a $3 billion bid to redevelop Blackwattle Bay.
But Fairfax Media can reveal Dahua's Destination Blackwattle Bay consortium lodged a secret unsolicited proposal with the NSW government in late 2013, at the same time as construction giant Brookfield Multiplex made a rival secret bid.
The Baird government held an international summit in November 2014 to publicly discuss the Bays Precinct.
But a competitive tender for a redevelopment project that will dwarf Barangaroo is expected to be quickly called if cabinet approves Urban Growth's plan.
Dahua's purchase of the Blackwattle Bay site means Urban Growth will have to negotiate with the company, regardless.
Dahua has also purchased Bidvest's fish supplier, Felan's Fisheries, which gives it a 25 per cent stake in the Sydney Fish Market Merchants and Tenants company.
Any redevelopment of the fish market must be approved by the SFM Merchants and Tenants, and in 2011 they rejected a proposal that had been backed by the Sydney Fish Market board and state government.
Destination Blackwattle Bay managing director John Shepherd said the Dahua consortium was confident the NSW government would run the process in a fair and consultative manner.
The DBB bid for the redevelopment of the Blackwattle Bay precinct first and foremost takes into account the security of jobs, business investment and ownership for the tenants, merchants and fisherman, he said.
Our investors, who have investment in adjacent freehold land, and a business at the Sydney Fish Market, recognise the importance and value that the Sydney Fish Market provide to the fabric of Sydney and the economy of Australia.
A Brookfield Multiplex spokesperson declined to comment, but the company has been in discussions with Sydney Fish Market management about a bid.
An Urban Growth spokeswoman said the agency was working closely with Sydney Fish Market to obtain their support for the urban transformation opportunity.
Urban Growth would not force adjacent landowners to sell, but was engaging with them, she said.
Sydney architecture firm PTW, which worked on the Barangaroo master plan for Lend Lease, has worked with Dahua in China.
PTW marketing manager Lorraine Sperling said the Bays Precinct was absolutely the premier site for upcoming development, and PTW was speaking to several entities, local and international about potential partnerships as the construction industry jostles for position.
Last year Mr Jin dropped off the Forbes rich list as the Chinese property market cooled, and new purchasing restrictions were imposed that limit couples to two apartments. Chinese property developers are looking overseas for growth.
The Foreign Investment Review Board's annual report shows China overtook the United States as the largest source of foreign investment for the first time last year, as real estate investment surged. 相关的主题文章：


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