NRF advises on integrated station development in Sydney CBD
Oxford Properties and Grocon have been advised on their successful tender for the development of a commercial and residential site in the heart of Sydney’s CBD.
Firm: Norton Rose Fulbright (Oxford Properties and Grocon).
Deal: The NSW government has awarded contracts to a consortium of Oxford Properties, CPB Contractors and Grocon to deliver the new station and two new buildings above to form a vibrant new commercial and residential hub around Pitt Street and Bathurst Street.
Key players: The NRF team was led by national head of construction and engineering Emanuel Confos who was supported by Sydney-based special counsels Steven Choi and Melanie Harwood, and senior associate Paul Hedderwick.
Deal significance: Speaking about the deal, Mr Confos said: “This development is a strategic step in infrastructure development in NSW, with a commitment to build commercial and ‘build to rent’ to address the growing needs of Sydney.”
“This development is the latest example of the much-needed urban renewal that is sweeping through Sydney, combining state of the art new buildings with new public transport,” he said.