Sunday, November 19, 2006

Sydney Water Awards $100 Million Build-to-Suit of HQ Offices in Sydney

Multiplex Group Web Site - November 17, 2006

Multiplex Group today announced that it has been selected as the preferred bidder for the Sydney Water corporate headquarters in Parramatta, western Sydney. The project is valued in excess of $100 million and is subject to finalising negotiations with Sydney Water. Multiplex will develop, design, construct and manage the building.

The project will comprise 23,000 sqm of ‘A’ Grade office accommodation across 15 storeys. It will also include 340 sqm of retail space, along with 254 on-site car parking spaces and a further 100 off-site spaces. Sydney Water will fully occupy the building, which will be designed to provide environmental performance in excess of its 5 GreenStar rating. Multiplex will manage the completed asset for a 15 year period and retain ownership through one of its managed funds.

Designed to achieve a high standard in design, workplace efficiency and environmental sustainability, the building will incorporate a range of innovative features, including an on-site water recycling plant, chilled beam cooling and optimal floor plate sizes of 1,600 sqm. Construction is expected to begin in March, 2007, with completion in early 2009. Sphere: Related Content

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