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Property Heavyweights Shortlisted for Tower and Sydney Metro Contract

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Sydney Metro has short-listed Lendlease, Dexus and a John Holland-Charter Hall joint venture to build Victoria Cross Station and a 230-metre commercial tower overhead.

The Victoria Cross tower would include maximum gross floor area of 60,000 square metres and 160 car parking spaces.

At 40 storeys it would be taller than the nearby 1 Denison Street tower being developed by Winten Property Group and become the tallest building in North Sydney.

Related reading: Sydney's Central Station $955m Urban Transformation

Winten purchased the North Sydney Shopping World and adjoining office building at 77 Berry Street for $80 million in 2016.

Secretary of Transport for NSW Rodd Staples said that the vision for Sydney Metro was for it to be more than just a world-scale public transport project but an opportunity to build more than just railway stations in terms of fully integrated places.

Sydney Metro has also announced that three groups have been shortlisted for the Metro line-wide works which includes laying tracks in the 15.5 kilometre tunnels from Chatswood to Sydenham, installing electrical systems including substations, constructing Sydney Metro Trains Facility South and converting the existing Bankstown Line to allow metro trains to run.

The three groups include a joint venture between Laing O’Rourke and John Holland, Metconnect and Systems Connect.

Related reading: Architect Shortlist Announced for Sydney’s Tallest Residential Tower

Both contracts are expected to be awarded later this year.

Sydney Metro services start in the first half of 2019 on the Sydney Metro Northwest project, with metro rail to be extended in 2024 under Sydney Harbour, through the CBD and beyond to Bankstown.

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Article originally posted at: https://theurbandeveloper.com/articles/property-heavyweights-shortlisted-for-tower-and-sydney-metro-contract