Mirvac has reached practical completion on one of the country’s first ‘groundscrapers’ called The Foundry, which features 51,000 square metres of space across six levels.
It is the largest building in the South Eveleigh precinct in New South Wales and is set to become home to more than 5500 Commonwealth Bank of Australia staff.
The Foundry features large open areas, hackable spaces where barriers can be removed, as well as quiet retreat zones for concentrative work.
Design and architecture firm Davenport Campbell took inspiration from the region’s industrial heritage and adjacent locomotive workshops, using steel, raw and exposed materials with an orange colour palette.
A solar array on the roof will offset the base building energy with a design output of 370 kilowatts. The Foundry is targeting a 6 Star Green Star rating and a 5 Star NABERS Energy rating.
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Around 2500 square metres of retail area will be included along Central Avenuw to provide essential services such as a general practitioner and a pharmacy, along with an outdoor dining area.
Mirvac’s CEO Managing Director, Susan Lloyd-Hurwitz said South Eveleigh has been a renowned centre for technology, innovation and collaboration for more than 100 years.
“Mirvac and our partners had a shared vision for South Eveleigh as a defining precinct for Sydney that would bolster our standing as a global city, foster collaboration and exchange, and bring together a people from all walks of life,” Lloyd-Hurwitz said.
“The completion of The Foundry marks a significant milestone in the final stages of this vision to create a world-class hub for culture, commerce and the community.
“Completing The Foundry in the current environment is one of Mirvac’s greatest achievements and its success is a testament to the entire delivery team and our partners. The Government’s decision to keep construction sites open during COVID-19 has allowed us to deliver the building on time and within budget, safeguarding 500 jobs onsite and supporting the recovery of the NSW economy.”
Commonwealth Bank of Australia’s Chief Executive Officer Matt Comyn said the company’s commitment to the South Eveleigh precinct is driven by a desire to create a workplace that would inspire its team to design leading digital experiences for our customers.
“We know innovation can’t happen in isolation, and that’s why we are delighted to be part of the NSW government’s ’innovation corridor’ and collaborating with educators, entrepreneurs and the community in and around South Eveleigh,” Comyn said.
“Five years ago, we earmarked South Eveleigh as our future workplace. The move to Axle, and soon to The Foundry, is part of CBA’s long-term investment in innovation, our people and our customers, and commitment to Sydney.”