After years of planning and debate, work is now underway on the new Green Square residential and commercial precinct in inner Sydney, with a ceremony marking the beginning of construction on one of the area’s most iconic buildings.
Today, Sydney lord mayor Clover Moore attended a ground-breaking ceremony to mark the start of works on the Infinity by Crown Group tower.
On completion, which is scheduled for 2019, the 20-storey building will include 30 retail outlets, restaurants and cafés, as well as a 450-person conference centre and 401 residential apartments.
“When completed, Infinity will be home to hundreds of new residents; its eateries and retail outlets will facilitate new jobs while a new conference facility in the building will attract new events to Green Square,” the lord mayor said.
Having won the 2014 UDIA NSW Concept Design Award and occupying a prominent position on the corner of Bourke Street and Botany Road, the $575 million development looks set to become an iconic piece of the broader Green Square town centre.
More than $380 million worth of apartments sold in a single day in August last year when the pre-sales were launched for the new building.
With Green Square's $8 billion new commercial and retail hub due to be completed by 2030, the run-down industrial precinct – which is just one train stop from Sydney’s Central Station – is expected to service 22,000 workers, as well as house some 61,000 new residents.
Green Square is situated 3.5 kilometres from the Sydney CBD and 4 kilometres from Sydney Airport.