Another new tower could soon loom large on Darling Harbour's skyline as part of a redevelopment of the much-maligned Harbourside Shopping Centre.

Mirvac, which bought the centre for $252 million in 2013, has lodged a preliminary concept documents setting out its ambition for the waterfront site.

The Harbourside Shopping Centre at Darling Habour.

"Mirvac is considering its options for the site, including a significant new retail shopping centre and commercial office tower," documents, lodged with the Department of Planning and Environment, said.

The Harbourside Shopping Centre was opened by Queen Elizabeth in 1988 but has faced difficulties, including financial problems and tenancy disputes, in the years since.