Lendlease is set to start construction on its commercial building in North Sydney, Victoria Cross Tower.
Victoria Cross is planned to be a new commercial and retail precinct rising above North Sydney’s new metro station. The 42-storey office tower will offer a modern and sustainable space that promotes collaboration, flexibility, and innovation.
As part of the Sydney Metro integrated station development, Victoria Cross Tower is positioned to be a well-connected and sustainable workplace. It will be net zero carbon, powered by 100 per cent renewables and is targeting a Platinum WELL and 6-Star Green Star rating.
“We know that North Sydney’s CBD is on a path of complete transformation, and connectivity will be key with the introduction of Sydney Metro’s new Victoria Cross Station,” says Tom Mackellar, Managing Director of Development, Lendlease.
- Lendlease and partners launch workwear initiative
- Lendlease acquires One Circular Quay project in Sydney
- Lendlease begins building apartments for retirement village
“Victoria Cross Tower will stand at the centre of this transformation, in what will be a thriving new round-the-clock precinct, breathing new life into North Sydney.”
Designed by Bates Smart, the building will meet the changing needs of the workplace, with an expansive lobby and multipurpose hub space to facilitate community connection, and outdoor balconies and green spaces to promote health and wellbeing.
On ground level, the lobby will flow into a retail-activated laneway with more than 20 new retail and hospitality brands planned, establishing itself as a dining and bar precinct for workers, locals and visitors. From ‘grab and go’ providers to bars, cafés and restaurants, the specially curated retail mix will be bolstered by connectivity through the Sydney Metro network.
Victoria Cross Station will transform North Sydney’s CBD into an accessible business district, cutting transit times to places like Barangaroo and Martin Place to mere minutes.
[signup]
“The office design represents the latest thinking in workplace and placemaking and will offer exceptional sustainability credentials, modern workspaces that facilitate flexible and collaborative working, as well as iconic Sydney Harbour, Harbour Bridge and CBD views from upper levels,” says Mr Mackellar.
Victoria Cross Tower is 25 per cent owned by Lendlease’s flagship Australian office fund, APPF Commercial. The fund will continue its sustainability focus with the tower being the first building in its portfolio to be fully electric.
Constructing the $1.2 billion precinct will see the building rise approximately one floor each week. The project will support around 5,000 jobs in fields such as engineering, construction and design, with 90 per cent of the workforce being local to the Sydney area.
Victoria Cross Tower will accommodate up to 7,000 workers across approximately 58,000 square metres of high-tech space for office and retail use.
Victoria Cross Tower is due to be completed in 2024, with Sydney Metro City & Southwest services set to start in the same year.