1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar




Property News

Barangaroo construction gets underway

October 26, 2011

More than six years after its initial proposal, work has finally begun on the Sydney harbour-front redevelopment project that will eventually hold enough office space to accommodate 23,000 workers in its first stage alone.

Construction crews at Barangaroo were given the green light to start work on October 25, with bulldozers moving in to clear the way for a range of construction efforts to begin.

Developments in the area will include a number of high-rise buildings offering premium office space with unmatched views of the harbour, world-class parks, residential dwellings, retail outlets and cafes.

Premier of New South Wales Barry O'Farrell visited the site, observing the work of excavators, piling rigs and crawling cranes before commenting on the momentous nature of the new development.

O'Farrell asserted: "This is as historic an occasion as the laying of the first stone on the Harbour Bridge or laying of the first stone at the Sydney Opera House.

"As well as being a great place to live and visit, Barangaroo will form the newest hub of Sydney's financial services."

Due for completion in 2015, the 7.5 hectares of development will produce 490,000 square metres of floor space - most of which will be taken up by commercial offices.



Related Articles

Building booms across many sectors

There are numerous indicators of strength in the housing industry, and one strong signal of future ...
read more

Brisbane's fringe the place for office rental in the city

Those on the hunt for commercial real estate may want to look at Brisbane's fringe, according ...
read more

Brisbane industrial property a safe bet for investment

There is growing demand for industrial property in Brisbane, the latest report on the city's ...
read more

Latest Articles

Housing gives the states a leg-up

New releases from the Housing Industry Association (HIA) have shone some important light on just ...
read more

How is Australian investment faring?

Looking at the investment property market, it appears that the industry is thriving. The Australian ...
read more

Council calls for property reform

Buying a property comes with a wide range of fees and taxes, depending on where you buy and the ...
read more