John Holland and Mirvac will deliver the Waterloo metro station under a $299 million contract awarded by the NSW Government.
The contract includes the new Waterloo Station and an integrated development above it, drawing on both companies’ expertise in major transport infrastructure and community-oriented development and design.
The “Waterloo Metro Quarter” will comprise of five building envelopes including three towers and two mid-rise buildings above and adjacent to the station. The project is expected to be completed around the time Sydney Metro City & Southwest opens in 2024.
The residential part of the development will include five per cent affordable housing and 70 apartments for social housing. Two new public plazas will be built at Cope Street and Raglan Street.
“Drawing on our recent experience in delivering Sydney Metro Northwest, we are excited to deliver not only a landmark station, but also a revitalised precinct for the community,” John Holland CEO Joe Barr said.
“This project will transform Waterloo and improve community spaces in the inner city for generations to come. Our integrated team has worked together across development, investment and complex transport infrastructure to create an urban renewal project that will make commuting easier, create jobs, and improve community facilities.”
Mirvac CEO and Managing Director Susan Lloyd-Hurwitz said that the “vision for this precinct extends beyond the bricks and mortar; we will be a long-term investor in Waterloo and we are wholly committed to realising the potential of this site to help drive meaningful social renewal and enduring value for the broader precinct.”
“The ability to deliver a progressive, urban development of this calibre, is underpinned by our wealth of experience at the forefront of the industry, together with our unique end-to-end capability.
“We have finely honed our approach to place making, design and construction over 47 years, and this, together with our thorough understanding of how our customers live, enables us to create thriving communities that support and enhance people’s lifestyles.”