The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
25 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
25 DAYS 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
OtherAna NarvaezFri 18 Oct 19

Central Station Tech Hub Includes Atlassian-Anchored Skyscraper

TUD+ MEMBER CONTENT
39dd31dc-7b73-4afe-bfd9-76726b90c3f0
SHARE
152
print
Print

Australia’s largest tech company Atlassian will anchor a 35-storey skyscraper above a new Silicon Valley-esque technology hub next to Sydney’s Central Station.

More than a year after premier Gladys Berejiklian first flagged plans to transform the southern end of the CBD into a tech and innovation hub, the NSW government has released the first images of its vision for the 24-hectare Central Precinct.

The proposal sets out the urban renewal of the precinct into a transport-centered commercial district, improving public connections to bordering suburbs Chippendale, Surry Hills, Ultimo and Redfern and providing green walkways to Belmore and Prince Alfred parks.

The southern central Sydney location “provides a natural extension to the city’s development”, the draft strategy reads, connecting the city at its boundaries and creating a centre for the “jobs of the future”.

“The opportunity is comparable [to] large urban renewal programs including Kings Cross, Euston and Olympic Park in London and Hudson Yards in New York.”

Related: Five Global Tech Hubs from Around the World

▲ Artists impression of the possible scale of the Sydney Central Station redevelopment. Image: Urban Growth NSW.


Atlassian co-founder Scott Farquhar confirmed that the company is working with state agencies and local government on the precinct.

“We want to help create the jobs of the future and contribute to the 25,000-plus additional innovation jobs that the precinct is expected to deliver.

“That is what the tech precinct is all about. It will breathe new life into the Central Station area, while also preserving its history and heritage.”

The Nasdaq-listed company is working on a preliminary scheme for a 35-storey, circa $800 million tower which will include a mixed-use hotel, retail and innovation space on the site of the Railway Square YHA backpackers.

▲ A preliminary rendering of the towers at the Western Gateway sub-precinct, set to be anchored by Atlassian. Image: Urban Growth NSW.


While the tech firm has appointed Avenor as an external development advisor, it is yet to appoint an architect or construction partner.

Atlassian first announced an in-principle agreement with the NSW government in February, with plans for the precinct to become a “technology ecosystem”.

“This precinct will be a home to future generations of Australians who might otherwise take their great ideas overseas,” Farquhar said.

▲ The draft strategy includes precedents of public connections and pedestrian walkways, including Sydney's Green Square.


The government has broken down the 24-hectare Central Precinct plans into a series of sub-precincts, including the western gateway sub-precinct which the government says has the potential to kick off the development of the larger precinct.

ASX-listed development giant Dexus controls a large swathe of long-term leaseholds in the area and is currently working through an unsolicited proposal for a large-scale mixed-use development above the Henry Deane Plaza.

The developer partnered with Frasers on the proposal, which includes the redevelopment of the plaza at Lee Street, while recently consolidating its hold—spending $354 million on strata offices—on Pitt Street.

“While land within the [western gateway] sub-precinct is government owned, it is within long-term existing leaseholds and is subject to private sector redevelopment proposals,” the NSW government said.

▲ A rendering of Dexus and Frasers proposal for the Henry Deane Plaza at Sydney's Central Station.


Lord mayor Clover Moore welcomed the Central Precinct plans as a “forward-thinking development of what is a really under-utilised part of our city”.

“For years, debate has raged over what we should do with the land above and around the Central Station rail yards,” Moore said.

“Now NSW planning and Atlassian have a plan I’m excited about—a high tech precinct above the rail yards, connecting the surrounding suburbs with new walking connections.”

HotelRetailAustraliado not useConstructionPolicyTechnologyReal EstatePlanningPlanningSector
AUTHOR
Ana Narvaez
The Urban Developer - Editorial Director
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: 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
View All >
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
Bunnings Clyde North
Markets

Bunnings Sold On as Charter Hall Doubles Down on Retail

Leon Della Bosca
ESR building ESR completes delisting
Industrial

ESR Reveals New Team After Hong Kong Delisting

Leon Della Bosca
Going private means plans to focus on logistics and data centres across the Asia-Pacific region can accelerate, ESR says…
LATEST
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Bunnings Clyde North
Markets

Bunnings Sold On as Charter Hall Doubles Down on Retail

Leon Della Bosca
2 Min
ESR building ESR completes delisting
Industrial

ESR Reveals New Team After Hong Kong Delisting

Leon Della Bosca
3 Min
The construction site which will one day become Newcastle Tallest Tower by Urban Property Group
Residential

Urban Property Group Reveals Newcastle Tallest Tower Plan

Renee McKeown
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/sydney-central-station-tech-hub-includes-atlassian-anchored-skyscraper