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Multiplex completes $1.2B commercial office tower

Multiplex has completed construction on a $1.2 billion commercial office tower in North Sydney, which has begun welcoming its first tenants.

Multiplex has completed construction on a $1.2 billion commercial office tower in North Sydney, which has begun welcoming its first tenants.

The tower, 1 Denison, was designed by architecture firm Bates Smart and includes a curved glass façade.

It is currently the tallest building in North Sydney, standing at around 158 metres tall. Almost 4000 construction workers and more than 38,000 cubic metres of concrete were involved in the delivery of the project.

Nine, SAP and Microsoft have leased more than 78 per cent of the building. When fully occupied, more than 6000 tenants will have access to open plan offices, and a mix of restaurants, bars and cafés.

Multiplex Regional Director NSW David Ghannoum said the company is delighted delighted to have delivered this landmark project for Winten Property Group.

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“Multiplex faced several construction challenges in the delivery of the project, including installing the curved glass façade and working within a very tight and busy site. It’s fantastic to see 1 Denison now standing proudly on the skyline and setting a new benchmark for the revival of North Sydney,” Ghannoum said.

Winten Property Group Development Director Stuart Vaughan said 1 Denison has added significant value to North Sydney’s commercial office district.

“The world-class commercial tower is meticulously designed by architectural practice Bates Smart. The inspirational design has captivated tenants, become a talking point amongst North Sydney businesses and set a new benchmark for premium grade commercial office space,” Vaughan said.

“Workers are progressively moving into the smart offices equipped with world-leading technology with over 1000 people now occupying the first-class facilities. Early next year, we will unveil the unique holistic wellness hub, Nest by 1 Denison and a sprawling laneway retail precinct.”

“Despite the challenging environment, Multiplex was able to work within government guidelines and deliver the iconic building ahead of time. Their professionalism and world-class expertise ensured a high-quality commercial office tower was delivered for tenants.”

Bates Smart Director Philip Vivian said the building’s design creates a new urban precinct in Northern Sydney.

“The building’s warm, green and humane base will be home to cafes and restaurants that revitalise Denison Street, whilst the sophisticated tower will read elegantly on the skyline. This building reinvents the high-rise office for the 21st century to be more humane at street level, more generous to its neighbours and more environmentally aware.”

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