Under the Storey Bridge are some old wharves. I remember in the late 1980s parking my car on the wharves in this area. There are now plans to redevelop the land, to build a small hotel and exhibition area, plus restaurants and cafes. See http://howardsmithwharves.com
If completed, this will add value to the nearby apartments, Riverplace, the Admiralty buildings, and others nearby.
Construction was supposed to have started at the end of last year.