- A consortium including Lendlease has been appointed to plan and design Circular Quay
- Also includes BESIX Watpac and Capella Capital
- 88 Walker Street tower tops out at 50 levels
More Sydney icons are set for renewal, as the Circular Quay Renewal project sees a consortium appointed as the planning and design partner. Recently, Sydney’s Fish Market was also slated for a refresh.
North Sydney continues to grow, with more towers and more leases. 88 Walker Street has now topped out, with the tower the tallest for the area. Things look promising too, earlier in the year other towers in the area doubled occupancy post-restrictions.
The North Sydney CBD been a haven of activity, with Stockland submitting development proposals for a site at 110-112 Walker Street earlier this year. More recently, Keppel’s and Lendlease’s North Sydney development reached practical completion in September.
Even the home to the United States Consulate General Sydney in North Sydney was for sale in July this year.
Circular Quay upgrade appoints Lendlease and more
The Circular Quay Renewal project recently appointed its planning and design partner for the project.
The Circular Quay Consortium (CQC) was appointed, comprising Capella Capital, Lendlease Construction and BESIX Watpac. The consortium will work alongside the New South Wales Government, First Nations advisors, and key stakeholders to plan and design Sydney’s iconic Circular Quay refresh.
The Circular Quay area is also known as Warrane, and is historically significant, being a place of first contact between the Eora people of the Gadigal Nationa and the First Fleet.
The Circular Quay revival will see upgrades across the board, including to transport interchanges, an upgraded train station, new ferry wharves, and more.
Lendlease Australia’s managing director of construction, David Paterson, said: “Circular Quay is the symbolic gateway to Sydney’s world-famous harbour and city, and a place with deep cultural and historical significance for all Australians.
“Alongside Lendlease’s Sydney Place and One Circular Quay developments, this planning and design project consolidates our revitalisation of the Circular Quay precinct.”
Terrence Carroll, CQC project director noted the significance of the opportunity, calling it “once in a generation”
“The renewal of Warrane, Circular Quay, is a once in a generation opportunity to create the waterfront to the world that Sydney deserves, and which reflects its rich storylines, both new and old. Circular Quay Consortium partners, Capella Capital, Lendlease Construction and BESIX Watpac, are excited to be partnering with Transport for NSW to help deliver its vision for Warrane,” said Carroll.
CEO of BESIX Watpax, Mark Baker, added: “As part of the CQC consortium, we’re proud to be delivering this critical piece of infrastructure in the Australian transport network – Circular Quay is the nexus of the iconic Sydney Ferry network and the gateway to Sydney’s waterfront.
“For BESIX Watpac this project will showcase and leverage our global experience in engineering and delivering complex infrastructure and our local experience in the Sydney waterfront precinct.”
North Sydney’s tallest tower reaches 50 stories
Located at 88 Walker Street, North Sydney CBD’s tallest tower has topped out at level 50. Topping out is an industry term for a major construction milestone.
The tower rises 180 metres above street level and is a mixed-use tower.
The North Sydney address was designed by architects fitzpatrick+partners and developed by Billbergia. LaSalle Investment Management acquired 24 levels of commercial office space in the building earlier this year and Ascott Limited acquired a 252 suite four star hotel in the building in 2019.
The building is scheduled for completion in Q2 2023.
