When completed, the Macquarie Exchange is expected to see 7,000 employees work in the urban hub.
The hub is expected to have a WELL Silver and Core rating, a 5-Star Green Star rating from the Green Building Council of Australia and a minimum 5 Star NABERS rating.
Development approval is expected in Aug 2019.
Reini Otter, executive general manager commercial & industrial for Frasers Property Australia, says, “Macquarie Exchange will activate the Metro precinct, setting a new precedent for work environments outside the CBD. With its scale, location and diversity, Macquarie Exchange has the ability to create a bustling mixed-use community, offering a network of spaces with a variety of experiences and activity for local businesses and the community.”
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Stuart Vaughan, development director at Winten Property Group, says, “The Macquarie Exchange site will provide significant public benefits through the provision of a new publicly accessible park, civic plaza and Metro station, multiple through site links and an activated retail precinct supported by A-Grade office spaces.”
Shares in Frasers Property closed at $1.91 on Tuesday.
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