Brookfield’s Sydney project approved

Brookfield has been given the green light for an A$1bn (£500m) project in Sydney’s financial district.

The New South Wales Cabinet has approved plans for Wynyard Place, comprising four existing buildings to include a four-level public concourse, a new transit hall and entrance to Wynyard Station, and a 27-storey grade A office tower.

The Make Architects-designed scheme will integrate with Sydney’s A$2.2bn light rail project and pedestrian walkway.

Works will start later this year and are scheduled to complete in 2020.

Head of development at Brookfield’s Australian office division, Carl Schibrowski, said: “This will demonstrate Brookfield’s commitment to sustainability with the new office tower having market-leading environmental credentials.”

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