With over nine years in the making, Brookfield Properties’ $2 billion Brookfield Place Sydney development has reached practical completion, transforming the once-neglected Wynyard precinct into a modernised transportation hub.
The project’s centrepiece is a 27-level PCA Premium Grade commercial tower (10 Carrington Street) offering world-class facilities, amenities and finishes to set a new standard in workplace design.
The redevelopment includes the restoration of Shell House and 285 George Street, breathing new life into a historic Sydney landmark.
It also includes approximately 7,000 square metres of high-end retail, a revitalised Wynyard Lane and a major upgrade to Wynyard Station’s George Street entrance connecting to a grand transit hall and public concourse.
Brookfield Place Sydney will soon welcome anchor tenants with a further commercial tenant to join the building later in 2021. The first retailers to open on the upper and lower concourse levels leading from George Street into Wynyard station, will commence trading in July.
Carl Schibrowski, Executive Vice President & Co-Head, Brookfield Properties, said: “The outstanding building that stands here today is testament to the design vision of our architectural partners, MAKE and Architectus, and the innovation and determination of our construction partner, Multiplex, who overcame many complexities and challenges to successfully and safely deliver Brookfield Place Sydney in the middle of a global pandemic.”
“And by working in deep collaboration with Transport for NSW, we have delivered an outstanding new arrival experience for the circa 120,000 commuters who pass through Wynyard every day. This really is proof of what can be achieved when the government and private sector work together.”
On completion, Brookfield Place Sydney will be owned by interests associated with Brookfield, AMP Capital Wholesale Office Fund, UniSuper and other investors managed by AMP Capital.
Brookfield Place is the premium brand awarded by Brookfield to a select group of best-in-class, large commercial property precincts globally that deliver on a strict range of criteria including outstanding transport connections, state-of-the-art building systems, premium workspaces, high level retail amenity, leading sustainability credentials, 24/7 security, amenities for wellness and curated placemaking activities.
Only five other Brookfield Places exist in the world with sister assets located in New York, Toronto, Calgary, Dubai and Perth.
The development has achieved a 6 Star Green Star Design v3 rating.
The development was also recognised with the 2020 Engineering Award for Excellence for the restoration of Shell House, which involved the mid-air suspension of the building’s historic clock tower being suspended mid-air for more than 18 months and resulted in one the largest retained heritage facades in the southern hemisphere.