The NSW government has approved the development above the future Victoria Cross metro station in North Sydney.
The project involves a 42-storey office tower, a community hub, a pedestrian link from the station plaza to Denison Street, and 1,300sqm of open space.
Lendlease will deliver the Victoria Cross station and the building above after winning a $476 million contract.
Currently, the excavation of the Metro and service tunnels are complete, and the station cavern and tunnels are being lined with concrete. The station comprises Australia’s largest rail cavern, measuring 265 metres long, 25 metres wide, and 20 metres high.
Station fit out works are scheduled to begin in early 2021, and the tower will be completed by mid-2024.
Minister for Planning and Public Spaces Rob Stokes said the station and associated development will open up the precinct.
“The integrated station development at the new Victoria Cross Metro Station will double the available public open space near the tower and create a continuous ‘civic green spine’ along Miller Street, with landscaped terraces, outdoor dining, casual seating areas and pedestrian paths,” he said.
Minister for Transport Andrew Constance said that the project would integrate transport with local development.
“This tower will provide space for more than 4,000 office workers on top of a world-class public transport system, which is not only transforming our city’s public transport network, it’s transforming the areas around it.”
Approvals for the Victoria Cross development have been fast-tracked under the NSW government’s Planning System Acceleration program. The development is expected to create 400-600 construction jobs and inject $315m into the economy.
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