Brookfield Place Sydney takes out top property award

by Sophie Berrill
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Brookfield Place Sydney has been named Australian Development of the Year at the Property Council of Australia/Rider Levett Bucknall Innovation and Excellence Awards.

The $2 billion development from Brookfield Properties took home a total of four national awards at last night’s gala dinner, including Best Office Development, Best Mixed-Use Development and Best Development Innovation.

“Brookfield Place Sydney has redefined Sydney and these additional recent accolades are testimony to both our vision for the precinct and the execution of that vision,” says Brookfield Properties Australia president Danny Poljak.

“In the heart of Sydney we have achieved a rejuvenated arrival experience for hundreds of thousands of daily rail commuters, while delivering a best-in-class office tower, the preservation of two heritage buildings and the addition of some of Sydney’s most in-demand F&B [food and beverage] retailers. 

“Projects like these take a massive effort by many to realise and we extend our sincerest thanks to the thousands of people who worked on this project directly and indirectly, and to our teams and contractors who currently manage and operate this fantastic asset.”

Brookfield Place Sydney

Brookfield Place has achieved a “rejuvenated arrival experience” for hundreds of thousands of daily rail commuters at Sydney’s Wynyard Station.

Awards roll in for Brookfield Place

Brookfield Place Sydney has received numerous awards since 2019, mainly receiving recognition for its sustainability, outstanding construction and heritage restoration of both 285 George Street and Shell House, the latter of which has one of the tallest retained heritage façades in the Southern Hemisphere.

Designed by MAKE Architects in collaboration with Architectus, the project’s centrepiece is a Property Council of Australia (PCA) Premium Grade commercial tower at 10 Carrington Street. This spans 27 levels and offers world-class facilities, amenities and finishes to set a “new standard” in workplace design, according to the developers.

10 Carrington Street

The project’s centrepiece is a PCA Premium Grade commercial tower at 10 Carrington Street.

Inside the “landmark” transport-oriented development

The PCA’s Australian Development of the Year Award 2023 recognises Brookfield Place Sydney’s status as a landmark transport-oriented development. The developers say it has “rejuvenated” Sydney’s busy Wynyard Station.

Wynyard

Wynyard Station, Sydney.

Enhancing the station’s connectivity, Brookfield Place delivers a 27-level commercial campus that has attracted blue-chip tenants such as anchor tenant NAB and other high-profile corporates: Allianz, Hub, MA Financial, Clifford Chance and Brookfield. Brookfield Place also achieved a 100 percent leasing outcome for its office space in the midst of the COVID-19 pandemic, despite widespread economic uncertainty at the time. 

The mixed-use development has also delivered 7000 square metres of retail facilities alongside a broad range of food and beverage offerings such as Shell House, the Sanderson and Eau de Vie.  

NAB

Brookfield Place delivers a 27-level commercial campus that has attracted blue-chip tenants like NAB.

Its retail space includes a string of George Street flagship stores like Lululemon and Dyson with two dedicated retail concourse levels, anchored by Locali by Romeo’s. A series of hideaway bars and restaurants are crowned with a rooftop dining experience atop Shell House.

A showcase in successful transport-oriented development, Brookfield Place Sydney was the first real estate Unsolicited Proposal to be approved by the New South Wales Government, presenting an innovative solution to a challenging transport amalgam.

For the full list of winners, head to the Innovation and Excellence Awards’ website.

In other property news, Melbourne’s $600 million twin towers at 308 Exhibition Street have been completed.

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