Two new office towers have been approved for Sydney’s CBD above the future site of the Sydney Metro Martin Place Station, creating 2500 construction jobs.
A storey office tower has been approved above the northern entrance of the under-construction station, with a 29-storey tower also approved for the southern entrance.
New South Wales Premier, Gladys Berejiklian, said the towers will house nearly 9000 office, retail and hospitality workers once complete.
“Sydney is Australia’s only truly global city and developments like this continue to elevate our status,” Berejiklian said.
“The Martin Place development is a win for the community and a win for taxpayers, with Macquarie Group helping pay for the metro station build as part of the deal.”
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NSW Planning and Public Spaces Minister, Rob Stokes, said the integrated station and towers is a great example of well-designed development being built in the right areas.
“These towers, which underwent a rigorous assessment by the Department and an independent design review panel, will enhance Martin Place’s position as a jobs and transport hub in the heart of the CBD,” Stokes said.
“The new metro precinct will connect the existing T4 line with the Sydney Metro and will include shops, restaurants, offices and connections to Hunter, Elizabeth and Castlereagh Streets for commuters and workers.”
NSW Transport Minister, Andrew Constance, said construction of the towers and station will happen at the same time, with the buildings to be completed in time for the Sydney Metro line’s opening in 2024.
“Once completed, the Metro will connect metro rail services from Chatswood, through a new line under the harbour and city, to Sydenham, where they will run on the existing Bankstown Line.”