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Lendlease Taps Interest for $1.8b ‘Tallest’ Timber Tower in Sydney

18 June 2024

Lendlease has begun pitching a $1.8 billion office development in the Sydney CBD to potential capital partners while undertaking exclusive due diligence on a luxury apartment project in central Melbourne, as it moves quickly to lock in the $4.5 billion turnaround plan unveiled last week.

The $1.8b tower, dubbed “Halo,” is winning traction among corporate tenants keen to shift into next-generation towers with top environmental credentials. It comes amid a push by corporate tenants demanding greener, cleaner, and more sustainable buildingsfueling a new wave of green buildings.

Designed by Bates Smart Architects, it will stand as one of the world’s most sustainable buildings. It will have Australia’s largest facade PV arrays, use low-carbon concrete, in addition to cross-laminated timbers and glulam, be all-electric, and have net zero emissions, as well as targeting 6 Star Green Star and 6 Star NABERs rating.

In addition, it will feature a 4,000 sqm health and wellness centre, 3,000 sqm restaurant and bar space, and more than 40,000 square metres of A-grade office space.

Click here to read more.

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