Dexus Proposes a 138m Office Tower in Parramatta

130 George st External Facade Render
130 George st External Facade Render - Source: Bates Smart

The Parramatta CBD has once again produced the goods when it comes to designed office spaces within Sydney with the proposal put forward for the Parramatta CBD

Being located within walking distance from the Parramatta transport interchange, the Parramatta ferry terminal & the future Parramatta Light Rail, it makes a great location which will further improve Parramatta’s role as Sydney’s 2nd CBD.

Characteristics of the 140 George St Paramatta Development

Development Characteristics
Developer:Dexus
Architect:Bates Smart
Location:130-150 George st, Parramatta, NSW, 2150 (To be known as 140 George Street)
Building Use:Office
Height of Building:138m High
Number of Floors:33 Floors
Amount of Office Space (GFA):48,338m2
Build Cost in AUD ($):$208,000,000
Estimated Completion Date:~2021
Construction Status:Proposed
Street View of 140 George st Parramatta
Street View of 140 George st Parramatta - Source: Bates Smart

The proposal will feature a highrise tower which will sit facing both George & Charles street. It will be a total of 138m tall & be 145m RL (which refers to height above sea level) which will comprise of 33 floors making it the tallest office building in the Parramatta CBD if it were built today.

The building is beautifully designed by one of Australia’s most well-known architects, Bates Smart. The developer of the tower is Dexus which is also building the nearby 105 Philip Street office building which will the Department of Education staff moving from the CBD. Dexus is also a listed developer on the ASX.

The cost of construction for the 140 George Street development which according to the City of Parramatta Council DA documents is $208,000,000 making it one of the most expensive developments proposed within the CBD.

140 George Street Facade Render
140 George Street Facade Render - Source: City of Parramatta

Elevations for the 140 George St Parramatta development

140 George St Elevations
140 George St Elevations - Source: City of Parramatta

The development will comprise of a total of 48,338m2 of space which will be mostly for office use. It will also connect to the existing building onsite at 150 George Street where it currently has a total of 45,982m2 which brings the amount of office space on the site grand total of 94,320m2.

This development will greatly add to the A-grade office stock within the Parramatta CBD which is currently below 1% along with the 50 Macquarie Street office tower which was also recently proposed within the CBD.

If approved, it is expected that under a normal timeframe the development would be completed in the year ~2020/2021.

Location Map of The 140 George Street Parramatta Development

Proposed site of the 140 George Street Development
Proposed site of the 140 George Street Development - Source: City of Parramatta
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