Toga has won approval for its $141-million A-grade commercial tower, Fulcrum, slated for a site above Sydney’s Green Square railway station.
The integrated property developer has held the 3275sq m site since 1986 and Toga managing director Allan Vidor said they were looking forward to shaping the next phase of the Green Square neighbourhood.
It will be the first site on the Green Square side of Botany Road to be redeveloped. Vidor said it enhance the public realm and connectivity of the station to the wider town centre redevelopment precinct.
“Fulcrum will be one of the first purpose-built commercial buildings for the new post-Covid era and is specifically designed to foster strong organisational culture and lead to happier, more engaged people,” he said.
“The distinct terracotta colour, form and materiality pays homage to the area’s significant past as an industrial heartland and embodies the exciting fast-growing creative and social community that is emerging in the neighbourhood today.
“The development provides the chance to become part of one of Sydney’s most significant revitalised and transforming urban neighbourhoods, set to be home to over 30,000 new residents by 2030.”
The 16-storey A-grade tower will comprise 25,000sq m of net leasable area, with large flexible floorplates of up to 2139sq m to appeal to a range of tenants.
Toga executive general manager of development Paul Shaw said there were no anchor tenants committed yet, but the large adaptable floorplates would appeal to tenants across the creative, tech, communications and professional consultant services sectors.
The development is part of the Green Square Urban Renewal Area, transitioning one of Sydney’s oldest industrial hubs into a 278ha mixed-use neighbourhood.
The town centre of the precinct, 4km south of the CBD, includes 16 sites to accommodate 5850 residential and 9300 workers.
The Bates Smart-designed “next generation workplace” includes two wings that hinge off a naturally ventilated central timber heart of the building that facilitates a sustainable collaboration and connection space.
Bates Smart director Philip Vivian said Fulcrum was targeting a 5.5 Star NABERS rating, and a 5 Star Green Star rating with landscaped outdoor roof terraces and biophilic design.
“Fulcrum creates a civic landmark entry to Green Square, weaving together a rich public domain with retail, transport and a healthy and sustainable workplace,” Vivian said.
“The development provides a unique opportunity to contribute to the rejuvenation of the Green Square precinct, while setting the precedent for a low carbon workplace of the future.”
Toga has unveiled its plans for a slender tower next door to Atlassian's $1-billion-plus tower in Sydney's Tech Central precinct and recently won approval for its joint venture with AsheMorgan for $200-million Oxford Street revamp.
Toga does not have a start date for construction but the project is due for completion in 2026.
