Parramatta Square attracts another major tenant

Parramatta square

 

City of Parramatta has welcomed the State Government’s commitment to take up a major tenancy in Parramatta Square in the heart of Sydney’s Central City.

The Government confirmed today that it will relocate at least 4000 public service jobs, taking up more than 62,000 square metres of A-Grade office space in 4 Parramatta Square, one of the twin commercial towers being developed on the Square by Walker Corporation.

“This is a huge vote of confidence by the State Government in Parramatta and Western Sydney. Parramatta Square is going to provide this growing region with a world class CBD that will be the engine room for jobs growth in the region,”  City of Parramatta Administrator Amanda Chadwick said.

The move will create a Government planning and environment ”˜hub’ in Parramatta, bringing together 2,500 staff from the Department of Planning and Environment, the Office of Environment and Heritage, and the Environment Protection Authority.   Around 1,600 staff from the Department of Finance, Services and Innovation will also be located in the new building, with the move set to occur by 2019.
The move is the largest ever Government agency leasing commitment in Western Sydney and follows National Australia Bank’s recent announcement that it will take up residence on Parramatta Square by 2020. The State Government will also relocate 1,800 jobs from the Department of Education to new premises in Parramatta at 105 Phillip Street in 2018.

“Parramatta Square will be the new heart of our City. With these latest pre-commitments, a total of close to 160,000sqm of A-Grade commercial space will be delivered across the three commercial towers which have been planned for the Square,” Ms Chadwick said.

“Parramatta is in the midst of an economic boom as unprecedented levels of public and private investment transform the City. At the centre of this revitalisation is Council’s Parramatta Square project.”

When complete the $2 billion project will include three A-Grade commercial towers, Western Sydney University’s vertical CBD campus, which is due to open in February, the tallest residential building in NSW, and Council’s iconic Civic and Community building – all centred around 250 metres of world class public domain.

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