Atlassian’s new $1b headquarters in Sydney will boast the world’s next tallest timber-hybrid building with development to begin next year.
The new hybrid-tower will consume half carbon and half energy and will span 180 metres high with 40 storeys.
According to news.com.au, construction will generate another 2,500 jobs for the construction industry.
The new headquarters will reshape Sydney’s skyline with open-plan garden beds high in the open sky and reform the current space of the CBD into a designated tech-hub.
The tower is planned to open in 2025 with construction applications expected to open in July or August.
It will be placed next to Sydney’s Central Station and neighbouring Dexus and Frasers Property Australia’s new Twin Towers valued at $2.5b.
Atlassian will bring in 4,000 staff to accommodate higher levels of the tower with refurbished Railway Square YHA accommodation planned for the tower’s lower and ground levels.
Atlassian co-founder and co-CEO Scott Farquhar commented, "Technology can turbo-charge Australia's recovery. That's why we're building this precinct. We want to create jobs, ideas, and innovation.”
Atlassian’s building will operate on 100% renewable energy and include natural ventilation with mixed-indoor and outdoor gardens.
They aim for the tower’s construction of the building to produce 50% fewer carbon emissions compared to standard development and eventually operate on 100% renewable energy.
Made from steel and glass, the tower is a first of its kind and has been designed by both SHoP Architects from New York and BVN Architecture firms.
Announced this week, the New South Wales state government will invest $48.2m in resource funding to develop their new ‘Tech Central’ precinct.
This funding is aimed to fund over 50,000 sqm for new startups to call home. It’s said that NSW Premier Gladys Berejiklian speculated the new tech hub will rival California’s Silicon Valley.
A preferred builder for the project has not been confirmed.
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