Shortlist of five developers announced for Central Barangaroo
The delivery of a new Sydney Harbour waterfront development moved a step closer today [19 August] following the shortlisting of five companies for Central Barangaroo.
The shortlisting is the next step in unlocking the last piece of Barangaroo – Sydney’s most exciting urban renewal precinct.
Central Barangaroo will be an active and diverse mixed use area located between the financial quarter of Barangaroo South and the natural beauty of the Headland Park.
Construction at Central Barangaroo is expected to be underway by mid-2016 and completed by 2021.
Barangaroo Delivery Authority chief executive officer John Tabart said the shortlisting was the next step in unlocking the last piece of Barangaroo – Sydney’s most exciting urban renewal precinct.
“Submissions received from national and international developers and investors as part of the extensive Expression of Interest process were of a very high quality,” said Mr Tabart.
Of the 16 expressions of interest received, five developers have been shortlisted for each of the three development parcels, which in total cover two hectares of the five hectare Central Barangaroo site.
The five shortlisted candidates for each of the three parcels are:
• Cbus Property
• Frasers Property Australia
• Grocon
• Lend Lease
• Mirvac
A decision on the next stage of the process is expected mid-2015.
