North Sydney newest generation building has topped out
29 October 2018
North Sydney's newest generation building has topped out
After more than two years of construction, 100 Mount Street, North Sydney has reached its highest level, marking a significant milestone for this landmark building.
100 Mount Street is a 35 Level, new-generation office building spanning 42,100 square metres that has become the tallest commercial tower on the North Sydney skyline. The development will adopt the latest in smart building technology, setting a new benchmark for office on Sydney’s north shore.
The development is owned by Dexus and Dexus Wholesale Property Fund and is being built by Laing O’Rourke, who are also an anchor tenant. The development has attracted strong interest from innovative businesses, including NBN Co, and is 63% leased ahead of the expected completion in early 2019.
At a ceremony to mark the ‘topping out’ of the building, Dexus Chief Investment Officer, Ross Du Vernet, said: “We are excited to be leading North Sydney’s revitalisation through the creation of our premium office development which will bring around 4,000 workers to the North Sydney CBD.”
Laing O’Rourke’s Australia Hub Managing Director, Cathal O’Rourke, said: “Offering sweeping views over Sydney Harbour towards the Sydney CBD, this building incorporates the latest innovations in high rise design and construction. 100 Mount Street will feature high levels of customer amenity including premium end-of-trip facilities, concierge and smart building connectivity designed to provide customers with flexibility. The building adopts a number of sustainability initiatives, including a double skin façade, that will enhance customer comfort and significantly reduce energy consumption.”
Trent Zimmermann MP, Member for North Sydney, said: “The construction of this landmark building reinforces Sydney’s global reputation as one of the most dynamic growth cities of the world, providing benefits to the public and the economy, including healthier built environments, energy efficiency and employment drivers.”
The Member for North Shore, Felicity Wilson MP, also attended the ceremony saying: “100 Mount Street is a symbol of the continued strength of the NSW economy. The Government is investing in critical infrastructure that will provide new connectivity benefits to the workers at 100 Mount Street, with the nearby new Victoria Cross Metro Station making commuting and doing business easier.”
North Sydney Mayor Jilly Gibson congratulated Dexus and Laing O’Rourke for their commitment to North Sydney, saying the development “will enhance the vibrancy of the North Sydney CBD through the activation of a prominent corner, bringing this area of the CBD to life through the provision of new retail and restaurants for the local community.”
Mayor Gibson spoke highly of the project team’s engagement with local community groups to ensure a legacy for the North Sydney community.
“It’s fantastic to see the project team so engaged with local groups such as the Greenway Tenants Association, which has benefitted from IT support and fundraising activities that have secured a minibus for faster access to hospital and social outings.
“Students from North Sydney’s Monte Sant’Angelo Mercy College have also benefitted from the project, gaining invaluable exposure to the mechanics of construction on 100 Mount Street through Laing O’Rourke’s inspiring STEM+ (Science, Technology, Engineering, Mathematics) Program which encourages female students to follow an educational and personal development path within STEM subjects.”
Head of Listed Investor Relations