Frasers Property Australia and Winten Property Group debuts $750m Macquarie Exchange at the new Macquarie Park metro station, 12 kilometres northwest of Sydney. The duo acquired the 15,620 sq m property last 2007 for $30m and are undertaking its development as a 50-50 joint venture.
More than 7,000 workers are expected to call Macquarie Exchange home, with the developers converting the site into more than 80,000 sq m of gross lettable area across four buildings.
The project being marketed as “community business district” will deliver an urban plaza and pocket park across 2,200 sq m of green space. It is set to open in May 2019 and will function as a gateway precinct enhanced by the metro station.
The largest building “MQX 1” will rise 16-storeys, while the remaining three buildings will top out at 8-storeys and offer rooftop gardens and terrace spaces for workers. A-grade office buildings will offer flexible leasing arrangements and floor plate sizes up to 2,150 sq m with smart building technology in-built to enhance tenant experience.
“The area is already a driver of economic growth and employment in New South Wales and state infrastructure such as the metro upgrade,” said Stuart Vaughn, Winton development director.
Image source: Macquarie Exchange
Article source: https://theurbandeveloper.com/articles/frasers-winten-debut-750m-macquarie-exchange--?utm_source=email
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