Speaking at a Property Council business lunch recently, Lend Lease's Global Head of Development, David Hutton outlined stage one plans of the waterfront development at Barangaroo and what the project meant for Sydney.
Following the successful tender by Lend Lease late last year to develop the waterfront urban renewal project, the NSW division lunch offered the construction group a chance to present their vision for the site.
The plans include world first new approaches to sustainability, which Hutton said involved stepping away from a traditional single building view of green spaces and moving into the realm of sustainable precincts.
He also predicted a major shift in the focus of Sydney's financial and professional services hub away from the North East of the central business district and towards the Northen cove of the city, once the first major buildings come online at the end of 2013 and the beginning of 2014.
"We believe a move is on to the west of the city, as in many respects when the North East of the city saw the arrival of Chifley (Tower), Governor Phillip (Tower) and RBS (Tower)."
The Lunch concluded with a panel discussion including Romilly Madew, Chief Executive of the Green Building Council of Australia and Stephen Loosely, Chairman for the Committee of Sydney.
Global Head of Development
Green Building Council of Australia
Committee of Sydney