Further development in the form of road building, wharf and pile repair, and shed construction continued up to early 1920s, expanding on the pattern already created.

[3] A new marina and resort complex was approved to replace the wharf in Woolloomooloo Bay, but when demolition work was due to begin in January 1991, locals blocked entrance to the site.

[6] Due to such a strong public outcry, it was decided that the existing wharf would instead be renovated into a boutique hotel, featuring 104 guestrooms, loft-style suites and private residencies.

[7] Notable residents in the apartments include actor Russell Crowe, billionaire property developer Lang Walker, and media personality John Laws.

The building on the wharf takes the form of twin storey sheds[11] flanking a central covered roadway.

On the west side is a promenade running the length of the wharf, with a marina on the waterfront and restaurants at the south end.

[1] As at 22 March 2001, Woolloomooloo Finger Wharf is of cultural significance for its rarity, scale, construction methods, artefacts of industrial archaeology and diverse history of uses and events.

It contains the largest and most distinguished timber wharf building in Sydney Harbour and reflects in its form and contents the history of Woolloomooloo and the principal role of the wool industry in Australia during the nineteenth and early twentieth century.

[12][1] The Wharf is important as an example of a timber engineering structure on a scale unparalleled in Australia and exceptional in world terms.

It also represents the use of Australian timbers in sizes and quantities which would never be matched in the future and in a situation in which their durability and other properties can be assessed.

The overall scale of the structure, the sizes of the individual components and the quality of construction are in the technical sense outstanding and have impact upon the observer comparable with that of the great monuments of antiquity.

[5][1] Woolloomooloo Finger Wharf was listed on the New South Wales State Heritage Register on 18 April 2000 having satisfied the following criteria.

Of historical significance as the only surviving finger wharf built and rebuilt at Woolloomooloo, 1880s – 1920s, and for its association with both World Wars as the soldiers' embarkation point and its ability to demonstrate patterns of industrial development.

[1][13] The place is important in demonstrating aesthetic characteristics and/or a high degree of creative or technical achievement in New South Wales.

Of architectural significance as an excellent example of its type in its detailing, design and form and scale, the largest timber pile wharf in Sydney Harbour.

An innovative Australian adaptation of foreign wharf design and rationalised cargo handling processes by the engineers of the Sydney Harbour Trust.