The New South Wales Government has awarded a $463 million contract to design and build the Sydney Metro Pitt Street Station.
CPB Contractors, part of the CIMIC Group, won the contract to deliver an integrated station development.
The development will provide a 250-metre-long underground Pitt Street Station, running from Park Street to Bathurst Street, between Pitt and Castlereagh Streets. It will connect the two station entries with retail and commercial facilities.
Additionally, CPB Contractors will work with Oxford Property Group to design and build the two high-rise buildings above the station.
Each building will be around 39-storeys tall, with one to be a commercial office building and the other residential. Revenue for this component will be confirmed at contract execution.
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CIMIC Group Chief Executive Officer, Michael Wright, said the project continues the company’s track record of providing important infrastructure to benefit communities and help to drive continued economic growth.
“Our multi-disciplinary skills will be central to delivering this vibrant and important new public transport and commercial hub in the heart of Sydney’s central business district,” Wright said.
CPB Contractors Managing Director, Juan Santamaria, said the award of the project consolidates the company’s position as a leading contractor delivering Sydney Metro.
“Importantly, this is also a major step in the expansion and success of CPB Contractors’ building sector, working across key commercial, health and community facilities,” Santamaria said.
“CPB Contractors is proud to be working closely with Sydney Metro, Oxford Properties and the local business community to deliver this important new station and two landmark high-rise towers.”
Works will begin in 2020 and are expected to conclude in 2023.
Sydney Metro aims to create 31 metro stations and more than 66 kilometres of new metro rail by 2024.