Cross Street Car Park site redevelopment
Published on 22 December 2025
Update 4 May 2026: Our plans to redevelop the Cross Street Car Park have progressed to the next stage following community consultation and a resolution of Council on 28 April 2026. We are proceeding to seek tenders for the sale of a southern portion of the site (approx. 38%), with this process expected to commence in July. Should a sale occur, the proceeds will be used to build a new car park for the Double Bay community on the remainder of the site. Future reports will be brought to Council as this project progresses.
The Cross Street Car Park in Double Bay provides valuable car parking space for around 380 cars, and is located conveniently within the Double Bay commercial centre, close to shops, cafes and restaurants.
The car park was built in the 1970s and needs to either to have expensive remediation work carried out, or to be rebuilt.
We understand the car park is important for local businesses, visitors and residents and we have investigated a number of options to make it possible to redevelop the car park so we can continue to provide the community with valuable car spaces in Double Bay.
To provide a car park for the long term the most viable option is to redevelop the car park. We've developed a proposal which includes building a new 5-level car park with at least 412 spaces, and construction over two years, from 2028 to 2030, at an estimated cost of $53.5 million.
Our proposal involves subdividing the site, with 38% of the land sold to pay for construction of the new car park. This would ensure there is no cost to ratepayers.
We believe this proposal is the best opportunity to deliver a much-needed new car park for Double Bay and the local community.
Mayor Sarah Dixson gives an update on future works to Cross Street car park
Remediation would cost a minimum of $26 million to extend its life for only 10 years. It would cost over $38 million to maintain it for another 25 years.
Spending nearly $2 million a year on remediation works would not be a prudent use of ratepayers’ money, and Council does not have the funds to rebuild or remediate on its own (without additional non-Council funds).
Subdividing the site, with 38% sold for development to pay for construction of the new car park would ensure there is no cost to Council or ratepayers. If there were any additional funds from the sale of 38% of the site that were not used for the car park redevelopment, would be used to fund improvements for our local area and the community.
Advantages of the proposal to redevelop the car park
- It will deliver a minimum of 412 car spaces (the existing car park has 397 car spaces)
- It will create a new carpark that will last much longer than the existing car park even if Council undertook expensive repairs to the existing car park.
- It will not require a special rate variation ie an increase in rates.
- It will not require loan to be taken out by Council to fund the works and will maintain the financial stability of the Council.
- The car park would be closed for a similar amount of time whether a new car park was built or the existing one was repaired.
- Any surplus funds from the sale of land will be reinvested into the community.
- It will not require a Public-Private Partnership (PPP) arrangement for the new car park. ie the car park component will remain Council land.
For more information about this proposal, please visit our Cross Street Car Park site redevelopment Your Say page.