The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
LESS THAN 30 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
4 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OfficeStaff WriterSun 15 May 16

Investa's Barrack Place Commences Construction

B

Investa has announced that construction has started on the development of Barrack Place at 151 Clarence Street, Sydney making way for a new, next generation A-grade workplace.  The 18 storey, ~22,000 sqm building is designed to achieve a 5-star Green Star and a 5-star NABERS Energy rating.

Demolition for the existing ~16,000 sqm B-grade building commenced in March following the appointment of Built as Main Works Contractor overseeing the demolition, excavation and construction of the office development.

An extensive tender process began with an Expression of Interest in October 2015, and resulted in a shortlist of four contractors. Each party was then issued with a Request for Information document and a rigorous evaluation process followed by a panel comprising client and project manager representatives.

Shen Chiu, Senior Development Manager, Investa said: “We are very pleased to announce Built as our Contractor and partner for the delivery of the Barrack Place office development due for completion in the third quarter of 2018.

"There was significant interest in tendering for Barrack Place and Built fought off strong competition to win the tender, with demonstrated success across client responsiveness, quality, safety and certainty of delivery.  Built also have a solid reputation in the industry across both construction and fitout works, an important aspect for a development with pre-committed tenant, Arup, looking at the efficiencies provided by an integrated fitout.”

Built’s track record as an experienced first class contractor will see the building’s design, by Architectus, translate to a striking new building for the city skyline and lend itself to the revitalisation occurring in this traditional ‘warehouse’ district of the CBD.

Brett Mason, Managing Director, Built, said: “We are excited to once again be partnering with Investa Office to deliver Barrack Place. Built will utilise next generation technology including 6D Building Information Modelling (BIM) during construction of this next generation building. This office development is well-aligned with our proven experience in delivering high quality CBD projects.”

Barrack Place is owned by Investa Office Fund and strategically located in the heart of the Sydney CBD and links the traditional core with the western corridor.  Just one minute walk from Martin Place, it will provide a new inner-city precinct to work, meet, entertain or relax in.

Mark Tait, Head of Commercial Developments, Investa added: “Barrack Place is one of the most compelling new office space propositions in the market today. With its gateway location, integrated ground plane design and leading environmental credentials, the appointment of a firm of Built’s calibre further underpins the building’s status as a quality workplace of the future.”

 

OfficeAustraliaConstructionConstructionSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy on the Sound of Cannon: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
View All >
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy on the Sound of Cannon: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
Sponsored

HCP: Real Projects, Real People, Real Returns

Partner Content
Sherpa South Brisbane DA hero
Development

Sherpa Shifts Gaze from Beaches to Brisbane’s ‘Aria Territory’

Phil Bartsch
The Gold Coast-based developer has put its foot on a South Brisbane site and plans a 28-storey residential play…
LATEST
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy on the Sound of Cannon: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Finance

HCP: Real Projects, Real People, Real Returns

Partner Content
5 Min
Sherpa South Brisbane DA hero
Development

Sherpa Shifts Gaze from Beaches to Brisbane’s ‘Aria Territory’

Phil Bartsch
3 Min
Justin Butterworth will speak on a panel at Urbanity 2025 on the Gold Coast.
Technology

Platforms Pump Up Rental Revolution: Justin Butterworth

Renee McKeown
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/investa-starts-construction-at-clarence-street