Global property giant Lend Lease has reached a new development milestone with mega-development Barangaroo South and is now one step closer to introducing their world-class integrated resort on the site.
Lend Lease is now proceeding to lodge Modification 8 – the Revised Concept Plan for Barangaroo, which, if approved means a significant step forward for both Lend Lease and Barangaroo South.
Upon submitting Modification 8, the next stage for the development is for Lend Lease to deal with the Barangaroo Delivery Authority and to satisfy all conditions, including securing planning approval.
Lend Lease Group Chief Executive Officer and Managing Director, Steve McCann says the group is happy with the progression.
“Lend Lease is pleased to be progressing the delivery of this world class precinct with our partners, Crown Limited and the NSW Government, which will provide a vibrant and accessible place for all Sydneysiders and visitors to enjoy,” Mr McCann said.
The residential towers are set to be designed by the famous, Italian architect Renzo Piano with many local Sydney architects also involved in the project including Collins and Turner, Durbach Block Jaggers, Bates Smart, PTW, FJMT and Tzannes Architects.
Urban Taskforce’s Chief Executive, Chris Johnson says the development in Barangaroo South will influence a wave of taller buildings across the Sydney CBD as Sydney continues to grow as an economic centre in the Asia Pacific region.
“The world’s best architects are contributing to this important project with Pritzker Prize winners Richard Rogers and Renzo Piano crafting elegant buildings,” Mr Johnson said.
Mr Johnson says the latest concept plan proposal from Lend Lease addresses local geographical issues well and believes the concept plan will set an agenda for a taller Sydney.
“The Sydney CBD has a much smaller footprint that other Australian cities so to retain its number one status it has to grow vertically. With design excellence and the use of modern technologies tall buildings can give great value to cities,” Mr Johnson said.