The design will contain over 1,700 apartments, 100,000 square meters of office space, and 39,000 square meters of retail; it is to be completed by 2014.
The State Premier Colin Barnett has this to say about the plan:
"'The 'Waterfront Promenade' is the main feature of the project. It covers 1.5 hectares and links up with 'The Island'. 'The Island' is designed to be a relaxed place for children and adults and is connected to the 'Waterfront Promenade' by a sculptural pedestrian and cycle bridge. Station Park is the gateway to the new waterfront. The park will be filled with trees and native plants and includes a water feature. Cafes, bars and restaurants will open out to the waterfront from surrounding buildings. People will have access to the water from The Landing on the northern edge of the inlet or the 'The Jetty' with short term mooring."
Below is a video of the design for the waterfront: