The development of Australia's largest tech hub has reached another milestone following the unveiling of the $2.5 billion Central Place Sydney project on Thursday.

Developed through Dexus and Frasers Property Australia, the tech-focused design comprises two office towers of up to 39 levels and a landmark sculptural building, with 100 per cent renewable energy and a range of healthy building initiatives including touchless entry points and potential for the world’s first closed cavity façade system powered by artificial intelligence and solar glass.

A team comprising Fender Katsalidis and Skidmore, Owings & Merrill have been appointed as architects following a City of Sydney online competition that featured participants from six countries.

At a glance:

• Dexus and Frasers Property Australia have unveiled the design of their Central Place Sydney project.
• The tech-focused design comprises two office towers of up to 39 levels and a landmark sculptural building, with 100 per cent renewable energy.
• A team comprising Fender Katsalidis and Skidmore, Owings & Merrill have been appointed as architects following a City of Sydney online competition that featured participants from six countries.

Source: Dexus

Dexus CEO, Darren Steinberg said the future of work and workplaces would be defined by the technology and innovation businesses who will occupy the precinct.

"Central Place Sydney set to become a leading innovative workplace and a global exemplar of city-centre regeneration," he said.

Minister Jobs, Investment, Tourism and Western Sydney Stuart Ayres, who was on hand to reveal the design, said the precinct would help cement innovation and technology as key drivers of growth, contributing to secure job creation across all industries

“Located alongside the new Atlassian headquarters, Central Place alone will deliver over 150,000 square metres of commercial floor space for technology and innovation companies,” he said.

“The project will support more than 700 jobs in construction and more than 10,000 jobs once complete."

Source: Dexus

The announcement also supports the NSW Government’s broader vision for the area by unlocking 24 hectares of government land in and around Australia’s busiest transport interchange to create an exciting new place with new and enhanced open spaces and business by expanding Sydney’s southern central business district.

It comes after the NSW Government’s recent commitment of $48.2 million in funding to deliver up to 25,000 square metres of affordable space for start-ups and scale-ups over the next four years.

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