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.”
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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