Plans progress on Central Place Sydney, the new home for innovation in Sydney’s tech precinct

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22 March 2021

Frasers Property Australia and Dexus have lodged development plans with the City of Sydney for their circa $2.5 billion Central Place Sydney project.

Frasers Property Australia and Dexus today lodged development plans with the City of Sydney for their circa $2.5 billion Central Place Sydney project. This development will position Tech Central as a key driver of innovation and growth in the Asia Pacific region and significantly contribute to large-scale urban change in Sydney.

The plans include:

Central Place Sydney Project Director, Kimberley Jackson, said the world-class tech precinct will rejuvenate Central as one of the key gateways to the Sydney CBD and underpin Tech Central as Sydney’s tech and innovation hub.  

“Central Place Sydney is a city-shaping development that will attract some of the best innovation and technology businesses to Sydney.

“The connectivity of the site to Australia’s busiest interchange, Central Station, and links to the neighbourhoods of Surry Hills, Chippendale, Eveleigh, Haymarket and Darling Harbour will contribute to a vibrant destination supporting Sydney’s 24-hour economy.

“The precinct will define the future of work and workplaces, incorporating the latest healthy building initiatives and powered by 100% renewable energy.”

The community will have the opportunity to provide feedback through the City of Sydney public exhibition process. 

In addition to working with the City of Sydney to achieve planning consent, there is a parallel process underway to progress the project through Stage 3 of the NSW Government’s unsolicited proposals process. 

Subject to Frasers Property Australia and Dexus securing the relevant approvals, construction is targeted to commence in 2022, with the first stage of the project targeted to be delivered in 2025.

 

--ENDS--

 

Source:  Frasers Property - www.frasersproperty.com.au

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