Brookfield tops out $1.4bn Brookfield Place Sydney development

WCN Editorial Team 3 Sep 2020 OCEANIA BUILDINGS

Brookfield Properties has topped out the A$2bn ($1.4bn) office and retail development connecting Wynyard Station to George Street in Sydney’s central business district (CBD) in Australia.

Named, Brookfield Place Sydney, the development aims to transform Wynyard into a world-class urban precinct.

Designed by Make Architects and Architectus, the Brookfield Place Sydney comprises new 27-storey office tower, with the revamped precinct to provide around 75,000m2 of space including 68,000m2 of office space and about 7,000m2 of retail space.

Brookfield Asset Management managing partner and of Australian Real Estate head Sophie Fallman said: “A Brookfield Place is a new kind of urban centre that sets benchmarks in its location for commercial property assets.

“On completion, we will provide Premium accommodation for a range of tenants, including NAB, Allianz and Brookfield’s new Asia Pacific headquarters, while delivering Sydneysiders an exciting new retail and commercial precinct, an upgraded Wynyard Station arrival experience, and an annual program of arts and cultural activities in keeping with Brookfield’s global commitment to placemaking.

“Together, and with the assistance of Transport for NSW, they have achieved an extraordinary feat of building a structure that’s now 134 metres above a brand new Transit Hall that will connect George Street through to a live underground commuter rail station where more than 100,000 commuters will pass through each day.”

The development also includes the restoration of two heritage buildings Shell House and 285 George Street, a revitalised Wynyard Lane, and an upgrade of Wynyard’s George Street entrance.

In 2016, Multiplex was selected as a construction contractor for the project, which created over 3,000 jobs during the construction phase.

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Brookfield Properties’ Wynyard office and retail development tops out. (Credit: Brookfield Properties)

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