Construction has begun on the $750 million Macquarie Exchange (MQX) project in Macquarie Park, Sydney, creating more than 2000 jobs.
Roberts Co has been selected as the construction contractor for stage one of the project, which aims to transform Macquarie Park into Sydney’s second-largest Central Business District.
Roberts Co CEO Alison Mirams said the company is thrilled to have been appointed as construction contractor.
“Collaborating and maintaining strong relationships with our partners is key to our success at Roberts Co, and we are looking forward to this journey with Winten Property Group and Frasers Property Industrial,” Mirams said.
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MQX will be a mixed-use district around 18 kilometres from Sydney’s centre. Located next to the Macquarie Park Metro Station, the 15,620 square metre site will be turned into 83,368 square metres of office space for more than 7000 workers.
The new metro station will provide workers and visitors at MQX with easy connection to the Sydney CBD and surrounding suburbs.
MQX will also have an embedded network that provides 100 per cent renewable energy to buildings in the precinct and will target a 6 Star Green Star Design & As Built rating, a 5.5 Star NABERS Energy rating, a WELL Silver and Core rating and a WiredScore Gold Certification.
Winten Property Group Development Director Stuart Vaughan said Macquarie Exchange will be a vital addition to the region, creating thousands of jobs and providing state-of-the-art workplaces outside the Sydney CBD.
“Construction commencing at Macquarie Exchange demonstrates our confidence in the Macquarie Park market, which is solidified by its stable demand profile, as well as its superior public transport connectivity,” Vaughan said.
Frasers Property Industrial General Manager, Northern Region Ian Barter said the precinct will be a dynamic, amenity rich destination for both workers and the local community.
“Along with our partners, Frasers Property Industrial is excited to deliver this key infrastructure for Macquarie Park and play an active role in its urban renewal,” Barter said.