- Tenants have been secured for over 50% of the building
- Located near a private hospital and Mulpha's new 'Swing City' venue
- Set to be only the third building in Sydney built using unique timber-laminating technology
Mulpha, the master developer for Norwest, held a tree-planting ceremony yesterday to mark the beginning of construction for The Bond a new unique timber commercial building, due to be completed late next year.
The Bond is located on the corners of Elizabeth Macarthur Drive and Norbrik Drive, adjacent to the Bella Vista heritage-listed farm.
Over 50% of the building has been pre-leased, including owner-occupiers.
A number of investors in the medical industry have also secured places at The Bond due to the proximity to Norwest Private Hospital.
This new development is also near Muplha’s ‘Swing City’ which recently received development approval.
1050 sqm has been taken by Genesis Oncology to set up a cancer treatment centre with 735 sqm for an IVF Clinic and reproductive surgery. Additionally, a Kinda-Mindi childcare centre has secured a tenancy at the new building.
It will be only the third commercial building in Sydney to be made using state-of-the-art cross-laminated timber technology for the floorplates, walls, stairs, columns and beams.
Tim Spencer, Mulpha Developments Executive General Manager, said he was thrilled to commence the innovative construction as Norwest undergoes a retail, commercial and residential transformation.
“The Bond’s location and focus on wellness and sustainability is appealing to high quality knowledge companies who want to attract and inspire the best staff and offer an appealing environment for client,” said Mr Spencer.
“In addition to offering design flexibility and unique aesthetics, these new-age timber technologies have incredible strength and efficiency, and the potential to be carbon-neutral over their lifecycle, something increasingly attractive to blue-chip clients.”
Tim Spencer, Mulpha Executive General Manager
The Bond will feature ground floor retail, a gym, six commercial floors dedicated to office buildings, a childcare facility and end-of-trip facilities.
Mr Spencer concluded by emphasising Mulpha’s commitment to the transformation of Norwest Business Park.
“Our vision for Norwest is to drive real cultural change in how people live and work, and to enable people to be more connected to their environment, not only technically but physically and emotionally.”