CONSTRUCTION
“ WATPAC is exceeding the key milestones ,” Chapple said . “ They ’ re working with the relevant authorities and managing their program and interaction with the surrounding properties while continuously reaching their milestones .”
And that traffic that complicated the process in the first place ? That should soon be mitigated too , with the addition of a light commuter rail that is planned to pass right through George Street . In mid-December , the city of Sydney announced that they ’ d awarded the contract for the $ 2.1 billion light rail system to ALTRAC Light Rail consortium , with services expected to commence in early 2019 .
George Street certainly doesn ’ t suffer now from a lack of consumers , but the light rail system has the potential to increase that number while decreasing the number of cars on the road . With fewer vehicles coming through , the project shouldn ’ t be plagued by typical congestion woes , such as lack of parking .
With a bevy of selling points , including a unique space age-meets-open-air design , a nearby light rail system , a high customer volume and environmental consideration that should stand the test of time , Charter Hall should have extremely little challenge in finding tenants willing to make pre-commitments .
In fact , though he couldn ’ t disclose who Charter Hall was already in talks with , Chapple seemed to indicate that task was moving right along .
Company Information
INDUSTRY
Construction
HEADQUARTERS
Sydney , NSW , Australia
PRODUCTS / SERVICES
Located on one of Sydney ’ s most prominent corners , George Street and Martin Place , the iconic office space under construction at 333 George Street provides a distinct work environment unlike anything else in the CBD . Designed by international architects , Grimshaw and Crone Partners , 333 George Street offers 15 levels of contemporary office space across 12,500 square meters and three levels of statement retail across 2,100 square meters with extensive frontage to George Street , creating a flagship retail destination . The defining feature central to the building is its five levels of cascading rooftop terraces , set within a fully glazed tiara overlooking the main thoroughfare of Sydney ’ s business and lifestyle precinct . This space will provide a focal point for occupants of the building , allowing meeting and interaction within a light and airy space . With the opportunity to brand the building , 333 George Street provides an exceptional opportunity for a company to enhance its brand positioning and profile and make a confident statement about the future of their business . The project is close to announcing tenant pre-commitments to the retail and office space .
. charterhall . com . au / office / office-projects / 333-george-street / 115