A consortium led by Grocon, in partnership with Aqualand and Scentre Group, has been selected by the Barangaroo Delivery Authority for the transformation of Central Barangaroo precinct on the foreshore of Sydney Harbour in Australia.
The consortium will be responsible for the design, development and delivery of Central Barangaroo.
The New South Wales (NSW) government chose the consortium to deliver a mixed-use, balanced development consisting of commercial, retail, residential, public and cultural facilities across the 5.2-hectare site.
More than 50% of Central Barangaroo will be public open space. It will also serve as a link between the Barangaroo Reserve in the north and Barangaroo South.
Construction will be taken up in stages with overall completion in 2024 and will integrate the Barangaroo Metro Station, where more than 30,000 people transit daily.
Grocon executive chairman Daniel Grollo said: “We are honoured to be selected to develop Central Barangaroo and deliver it back to the people.
“We are privileged to be working in partnership with the Barangaroo Delivery Authority and the NSW government to create a distinctive harbour-front destination for Sydney where public space will take centre stage.
“Grocon has brought together an outstanding group of consortium partners who share a vision to combine civic and cultural attractions with recreational, residential, retail and commercial spaces.
“The creation of a unifying place between Barangaroo Reserve and Barangaroo South will lay the foundations and shape the city’s future.”
Aqualand CEO Jin Lin said: “Aqualand is proud to work alongside the NSW government and our consortium partners Grocon and Scentre Group to deliver Sydney’s next iconic community.
“Central Barangaroo meets one of our key company objectives – to deliver long-term, flagship developments that create a legacy for future generations.”
Scentre Group CEO Peter Allen said: “Scentre Group is pleased to be part of the winning consortium, alongside partners Grocon and Aqualand.
“We look forward to expanding on our vibrant retail offer in Sydney by bringing to life this exciting new precinct that encompasses lifestyle, recreation, entertainment, residential, commercial and retail uses.”