Parkline Place

Parkline Place
Interactive map of the Parkline Place area
General information
StatusCompleted
TypeCommercial
LocationSydney CBD, 252 Pitt Street, Sydney, Australia
Coordinates33°52′22″S 151°12′31″E / 33.872889°S 151.208695°E / -33.872889; 151.208695
Current tenants
Construction started2021 (2021)
Completed2024 (2024)
CostA$369 million
Owner
ManagementInvesta
Height
Height155 metres (509 ft)
Technical details
Floor count39
Floor area47,839 square metres (514,930 sq ft)
Design and construction
Architecture firmFoster + Partners
Structural engineerAurecon
Other designersSue Barnsley Design
Main contractorCPB Contractors
Other information
Public transit accessGadigal
Website
www.parklineplace.com.au

Parkline Place is a skyscraper in Sydney 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 11 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 4 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 Australia 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 that included Gadigal metro station and Indi Sydney, the build to rent residence[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]

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 3 May 2024.
  5. ^ "BDO kicks off office moves with Sydney expansion". bdo.com.au. 10 June 2025. Retrieved 28 November 2025.
  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 3 May 2024.
  10. ^ "Parkline Place". CPB Contractors. 2021.

Media related to Parkline Place at Wikimedia Commons