- The building is over 80% leased, with anchor tenants Salesforce set to move in by mid-2023
- Part of the Sydney Place precinct, it will also feature 24 new laneway retailers
- The precinct will also host the city’s first Public Cycling Facility, located underneath the plaza
Lendlease has today announced the official competition of Salesforce Tower, its flagship Circular Quay commercial building in Sydney Place.
This 180 George Street tower is now the tallest office tower in Sydney.
Designed by global architecture Foster + Partners, Salesforce Tower is 55-storeys tall – or about 263 metres – and has attracted high levels of interest from prospective tenants. The building is now over 80% leased, with anchor tenants Salesforce set to move in mid-next year.
Since the project began in 2018, more than 2,000 jobs were created, with 100% of tradespeople all from local businesses within Sydney. These individuals clocked nearly 2.7 million hours of work on-site. 9,500 The tower consists of 9,500 tonnes of steel and 42,000 cubic metres of concrete.
Commercial property services firm JLL will relocate its Sydney headquarters to levels 25-27 of the building with Greenhouse on levels 1-3. The Executive Centre, a flexible workspace provider, and Wellington Management, a privately held investment manager, will also join the tower next year.
Retail and other public offerings
The precinct will also accommodate 24 new laneway retailers, including the much-anticipated Jacksons on George, expected to open mid-2023.
Around half of the precinct will be dedicated to the public, resulting in the first plaza on George Street in decades. Esteemed British architect Sir David Adjaye in partnership with Indigenous Australian artist Daniel Boyd has designed the plaza, which will be transferred to the City of Sydney upon completion this year. The precinct will also host the city’s first Public Cycling Facility, located underneath the plaza.
The tower was developed and constructed by Lendlease, in a joint venture with China’s Ping An Real Estate and Japan’s Mitsubishi Estate Asia.
Tom Mackellar, Managing Director of Development, Lendlease, said the completion of the Salesforce Tower will reignite the Circular Quay precinct, creating a strong dining and retail experience for both workers and visitors to enjoy.
“Achieving more than 80 percent leasing, the flagship commercial tower has redefined the city’s spectacular skyline and demonstrates the strong market appetite for modern workplaces that are well connected, environmentally sustainable and provide state-of-the-art facilities with a focus on health and wellbeing,” he said.
Clover Moore, Sydney Lord Mayor, added that the nuanced and complex development serves both private and public interests “with an impressive office tower as well as public space with a beautifully designed community building, a major public artwork and by March next year, connected retail laneways, and public bicycle facilities.
“The exemplary goodwill and collaboration between Lendlease and the City of Sydney has resulted in a new precinct that has already attracted premium tenants such as Salesforce, will appeal to workers and visitors, and re-energise the northern part of Sydney,” he said.
“Buildings and precincts such as these will help to boost interest and investment in our city, will attract international visitors and provide a new and exciting place for workers, shoppers and residents – all of which is especially important now as we seek to recover from the impacts of the pandemic.”
