Parkline Place

Parkline Place
General information
Status	Completed
Type	Commercial
Location	New South Wales
Address	252 Pitt Street
Town or city	Sydney CBD
Country	Australia
Coordinates	33.872889°S 151.208695°E / -33.872889; 151.208695
Current tenants	BDO Global Insignia Financial NSW Office of the Director of Public Prosecutions (ODPP)
Construction started	2021 (2021)
Completed	2024 (2024)
Cost	A$369 million
Owner	Oxford Properties Group Mitsubishi Estate Asia
Management	Investa
Height	155 metres (509 ft)
Technical details
Floor count	39
Floor area	47,839 square metres (514,930 sq ft)
Design and construction
Architecture firm	Foster + Partners
Structural engineer	Aurecon
Other designers	Sue Barnsley Design
Main contractor	CPB Contractors
Other information
Public transit access	Gadigal
Website
www.parklineplace.com.au

Parkline Place is a skyscraper in Sydney, Australia built as one of the two buildings that form a part of Sydney Metro's 'integrated station and precinct development' (ISD) plan for Gadigal railway station. The design by Foster + Partners, for a 39-storey office building and retail plaza, was inspired by the Bloomberg Building in London and Hearst Tower (Manhattan) in New York and stands at a height of 155 metres (509 ft).

History

On 11th September 2019, the NSW Government awarded the contract for the Sydney Metro Pitt Street Metro Station 'over station development' (OSD) project to the consortium assembled by Grocon.^[1]

On 4th of March 2021, the consortium obtained approval from the NSW Government for development application 'SSD 10375 Pitt Street North Over Station Development Stage 2'.^[2][3] Construction works of the building, designed by architecture firm Foster + Partners, started in 2021 and will be completed in 2024.^[4]

In April 2023, BDO Global announced the lease of levels 22 to 25 as their new offices.^[5]

In January 2024, it was announced that Insignia Financial secured signage rights to the building and has leased levels 16 to 21.^[6]

In October 2024, it was reported that construction was delayed due to industrial action putting the project 3 months behind schedule.^[7]

Construction

CPB Contractors was confirmed as the builder of the commercial building as well as the builder for the wider construction project^[8] for the new Gadigal railway station along the new Sydney Metro City & Southwest Line^[9] that sits beneath the building, and the accompanying build-to-rent residential tower.^[10]

Gallery

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References

1. "Oxford Properties to develop 65,000 SM mixed use project over new Pitt Street Metro Station" (Press release). Oxford Properties Group. 11 September 2019.
2. "Oxford and Investa Receive Development Approval for Parkline Place Sydney Office Tower" (Press release). Oxford Properties Group. 10 March 2021.
3. "Pitt Street North Over Station Development Stage 2". NSW Government. 26 February 2021.
4. "Parkline Place". The Skyscraper Center. Retrieved 2024-05-03.
5. "BDO leads charge for higher-quality office assets". Australian Financial Review. 19 April 2023.
6. "Parkline Place secures new tenant to close out three of the largest leasing deals of 2023" (Press release). Investa. 26 January 2024.
7. "Union bans stop firms moving in to $1b Sydney CBD office tower". AFR. 27 October 2024.
8. "Mega-developments add to the crane index". Sydney Morning Herald. 18 September 2021.
9. "Pitt Street North Over Station Development". NSW Government | Planning. Retrieved 2024-05-03.
10. "Parkline Place". CPB Contractors. 2021.

External links

Media related to Parkline Place at Wikimedia Commons

• Planning NSW – Pitt Street North Over Station Development Stage 2
• Pitt Street Sydney Metro ISD (North)