The Daily Telegraph visited Pyrmont in mid 2000 to report on how urban renewal was shaping the area.
While the focus on the growth in the residential population (increased from 3000 to 5000) it did refer to the area ascending to be come the city's Silcon Valley as information technology firms descended into the area. This was occuring just after the Tech Bubble had burst.
Fast forward to now, the Sydney CBD itself seems to attracting the firms themselves as this report from The Sydney Morning Herald last year shows. They want to be located near services and transport plus some of their talent prefer to work downtown.
It was already a hub for media, but since 2000, has established itself further. Many of Sydney's radio stations broadcast from Pyrmont including NOVA, 2GB, 2UE, 2CH and 2SM. The Seven Network also moved its corporate headquarters into Pyrmont in the years following 2000.
Compare the transport and services provided downtown as opposed to Pyrmont. Dozens of routes serve the Sydney CBD, but only the 389 and 501 serve Pyrmont. Pyrmont is served by light rail which connects with heavy rail services at Central and Dulwich Hill, but does not served by heavy rail.
There is no more monorail either which stopped at Darling Harbour, pulled down in 2013.
The other big change was the rise of dining with cafes and restaurants making an appearance. You walk around Harris Street today, and you'll be greeted to a wide variety of cafes and restaurants to cater to a wide variety of tastes. That has grown immensely even more since 2000.
Readers were reminded that many changes were ahead including the massive Jacksons Landing Development which would take until early the next decade to complete.
Read more from the original article below.
Source: Casey, M. 2000. "Pioneers of Pyrmont". The Daily Telegraph, August 5: 38-39.