The Albany Waterfront is a State Government project managed by LandCorp. The project’s key stakeholders are LandCorp, the City of Albany, the GSDC and the Department of Transport. The development was completed in June 2011 and includes serviced freehold lots for a mix of commercial buildings, tourist accommodation and entertainment. Developments on these lots are subject to the City's planning and development approvals processes in terms of the commercial and residential accommodation mix.
Since the handover of the site in July 2011, the City of Albany has managed the Waterfront’s public spaces and the Department of Transport has been responsible for the 74-pen marina and associated infrastructure. The GSDC is a member of the Albany Maritime Advisory Group, which provides feedback into management decisions affecting the Waterfront.