Iconic $1.2 billion commercial office tower - 1 Denison welcomes first tenants

30 October 2020

Winten Property Group has welcomed the first tenants – Nine and SAP into its iconic 21st century $1.2 billion commercial office tower - 1 Denison in North Sydney, defined by a unique intricately patterned curved glass façade by internationally acclaimed architecture firm Bates Smart.

Nine (24,949 sqm), SAP (9,374 sqm) and Microsoft (10,715 sqm) have leased over 78 per cent of the building.  In April 2021, Microsoft is expected to move in. When fully occupied more than 6,000 tenants will utilise the intuitive open plan offices and eclectic mix of eateries, restaurants, bars and cafes on the lower levels.

Barlume by The Grounds is also now operational with a total tenancy of 360 sqm, combining a restaurant and bar, lower ground kitchen, retail area and small terrace space. 1 Denison has a total net lettable area of 60,686 sqm across 39 storeys.

Multiplex constructed the 158-metre world-class commercial office tower, making it the tallest building in North Sydney. Almost 4,000 construction workers and more than 38,000 cubic metres of concrete have been used in the delivery of 1 Denison.

Stuart Vaughan, Development Director at Winten Property Group, comments, “1 Denison is a visionary project that has added significant value to North Sydney’s commercial office district. The world-class commercial tower is meticulously designed by architectural practice Bates Smart. The inspirational design has captivated tenants, become a talking point amongst North Sydney businesses and set a new benchmark for premium grade commercial office space.

“Workers are progressively moving into the smart offices equipped with world-leading technology with over 1,000 people now occupying the first-class facilities. Early next year, we will unveil the unique holistic wellness hub, Nest by 1 Denison and a sprawling laneway retail precinct.”

Hugh Marks, Nine CEO said, “The optimism we feel at Nine comes in part from the new home we are creating at 1 Denison. It is about the future of our business – a media business like no other in Australia. 1 Denison is now the home of our iconic brands the 9Network, The Sydney Morning Herald and The Australian Financial Review, as well as incorporating key elements of our radio business, which means we can build our future in media with the very latest technologies in a premium grade building.”

Damien Bueno, President and Managing Director, SAP Australia and New Zealand, said, “The new SAP A/NZ headquarters supports our strategy of creating a simple and streamlined experience for our customers, by bringing together our brands in one office for the first time. This includes SAP Concur, SAP SuccessFactors and SAP Ariba, along with all our corporate teams and functions. The environmentally conscious design of 1 Denison also supports our ambitious sustainability aims, while providing a sleek and inspiring space for our people, partners and customers to come together, innovate, collaborate and enjoy the social side of work.

“The events of this year will permanently change how offices operate, but we have long supported an anytime, anywhere flexible working policy. Our office design reflects this, with significant areas dedicated to co-working, co-innovation and collaboration, for our people to use whatever their working preferences.”

“Our design for 1 Denison creates a new urban precinct in North Sydney,” says Philip Vivian, Director at Bates Smart and 1 Denison’s design architect. “The building’s warm, green and humane base will be home to cafes and restaurants that revitalise Denison Street, whilst the sophisticated tower will read elegantly on the skyline. This building reinvents the high-rise office for the 21st century to be more humane at street level, more generous to its neighbours and more environmentally aware.”

The premium grade commercial office tower features a perimeter core with floor plates ranging from 1,336 sqm to 2,518 sqm across three rises, a two-level lifestyle precinct and basement parking for 225 cars. A 5 Star Green Star rating from the Green Building Council of Australia has been achieved and a 5 Star NABERS rating and Platinum WELL rating is expected to soon follow. 

1 Denison is positioned in the new commercial heart of North Sydney and located between Victoria Cross Metro station and North Sydney Train Station.

For further information visit: www.1denison.com.au




Source:  Winten Property Group - www.winten.com.au

Date of Original:  27 October 2020

Contact:  N/A

External Links:  www.1denison.com.au

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