Located on the southern portion of the 22-hectare site, Barangaroo South will be major new extension of the Sydney CBD, reinforcing Sydney's position as a key financial centre in the Asia Pacific. Developed in partnership with Lend Lease, it will be the financial headquarters for top Australian and international corporations and yet allow for people to simply enjoy the waterfront.
Setting new standards in sustainability, Barangaroo South will be a true mixed use precinct consisting of commercial office buildings, residential apartments, an international hotel, shops, cafes, restaurants, and cultural facilities. There will be direct public transport connections, including a major pedestrian connection through to Wynyard station and the city.
Over the next decade Barangaroo's financial hub will create a benchmark home for international banks, financial and professional services companies. Barangaroo will take Sydney's financial services infrastructure to a new level - 300,000 square metres of large floor plate, premium grade energy efficient office space.
Barangaroo is delivering a multi-billion dollar stimulus to the NSW economy, providing employment opportunities and job skilling for thousands of people.
Preliminary investigation and construction work started in late 2010, and the first building should be completed in 2015.