International architecture firms Fender Katsalidis and Skidmore Owings & Merrill (SOM) have been selected to design the Central Place Sydney, a A$2.5bn ($1.79bn) commercial development in Sydney, New South Wales (NSW), Australia.
The selection by property developers Dexus and Frasers Property Australia following the first City of Sydney design competition.
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The Central Place development will form a centrepiece of what the government claims to be Sydney’s ‘Silicon Valley’ in Sydney’s Central Business District.
Simultaneously, the NSW government has rezoned the first parcel of land at the Sydney’s Central Station, which is planned to be transformed into Silicon Valley.
NSW Minister Jobs, Investment, Tourism and Western Sydney Stuart Ayres said that the Central Place development will form a key part of the rezoned precinct.
Ayres added: “Located alongside the new Atlassian headquarters, Central Place alone will deliver over 150,000m² of commercial floor space for technology and innovation companies.”
The Central Place Sydney will feature two commercial towers with up to 39 stories tall, and a landmark sculptural building, with 100% renewable energy.
The project is expected to create more than 700 jobs during the construction phase and more than 10,000 jobs upon completion.
Dexus CEO Darren Steinberg said: “This project will firmly establish Central as one of the most distinctive and lively places to work or visit in Australia and is set to rejuvenate Central as one of the key gateways to the Sydney CBD.”
Recently, the NSW government pledged A$48.2m ($34.5m) in funding over the next four years to deliver up to 25,000m² of affordable space for start-ups and scale-ups.
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Illustration of Central Place Sydney development in Australia. (Credit: Frasers Property Australia)
