
Barangaroo South Sydney Australia 6H Mixed Use, $10B AUD end value
-
Barangaroo South
Barangaroo is Sydney’s largest urban renewal projects since the 2000 Olympics. Nearing completion, the waterfront city precinct accommodates an estimated 23,000 office workers, world-class residences including One Sydney Harbour and a thriving dining and retail offering, The Streets of Barangaroo as well as an international six-star hotel.
The project is Australia’s first large scale carbon neutral precinct. It is one of only eighteen projects globally to be part of the C40 Cities-Clinton Climate Initiative’s climate-positive development plan. Over 80% of precinct waste is reused, recycled or repurposed – with a target of zero net waste to landfill by 2020 - and the precinct is capable of being water positive.
The site, which has been closed off to the public for generations, is being given a new lease of life. Over half of the site will be open public space and the entire 2.2km foreshore walk will be publicly accessible.
From the Barangaroo Reserve park in the north to Lendlease’s mixed use commercial, residential and retail development in the south, Barangaroo is being lauded in Australia and internationally as a landmark sustainable precinct.
Barangaroo enhances Sydney’s position as a global city by delivering a new financial district, the most sustainable buildings designed by the world’s best and a new waterfront dining destination for Sydneysiders and visitors to enjoy.
-
Key Responsibilites and Skills
Leadership and People Management
Real Estate & Portfolio Strategy
Project Governance & Review
Asset Product Strategy
Stakeholder Engagement Strategy and Management
Development Management
Project Initiation
Asset Management and Operations
-
Key Features
Located on the western edge of Sydney’s central business district, Barangaroo spans 22 hectares along Sydney’s remarkable harbour. It is split into three development areas.
Lendlease is responsible for Barangaroo South – the southern 7.5 hectares, which will have a mix of uses, including commercial, residential, retail and dining, along with a new landmark hotel. It will become home to around 1,800 residents and 23,000 office workers and, with more than 50% of the precinct open public space and 100% of the foreshore to be fully accessible to pedestrians and cyclists, it is expected to attract some 18 million visits per year.
As part of our commitment to social sustainability, Lendlease has developed a comprehensive plan and cultural framework for Barangaroo South including the delivery of 50 social programs to ensure it leaves a positive social and community legacy now and into the future.