Sydney City Council has unanimously approved Tipalea Partner’s ground-breaking commercial project at 29 Bourke Road, Alexandria in Sydney’s south.
The proposal will create 10,000 m2 of creative commercial space as well as a ground floor retail precinct with six metre clearance. 29 Bourke Road is set to be a significant development for Alexandria and will interconnect two buildings to optimise natural light and views over Perry Park and of Sydney CBD.
29 Bourke Road will have state-of-the-art end of trip facilities, interconnecting staircases, generous break-out areas, entertaining balconies and a public art piece in the courtyard.
The buildings will achieve a 5.5 star NABERS rating and have a full solar array and water harvesting on site. The solar network should generate around 20% of all tenant electricity usage at almost no cost and these savings will be passed on in full to the tenants and owners.
29 Bourke Road is now the closest new development to Green Square Train Station and the project is set to capitalise on the demand for commercial office space in the CBD fringe. Alexandria is going through a rapid transformation, shaking off its industrial roots and emerging as a high-density neighbourhood village and commercial hub for creatives and major corporates.
Tipalea has been in advanced discussions with a number of key anchor tenants for a pre-lease opportunity. Construction is expected to commence in early 2019.