Bustling Macquarie Park in Sydney's north will get a new $750 million community business precinct just as residents express mounting concerns about over development.
The Frasers and Winten joint venture will be at Macquarie Park’s new Metro station. It will convert the 15,620 square metre site into four buildings: one 16 storeys and three 8 storeys high, equating to about 83,368 sq m of commercial space. Macquarie Park's office vacancy decreased from 5.4 per cent to 4.8 per cent in the six months to January 2019 due to 10,000 sq m of stock withdrawal, mainly from the planned metro station, Property Council of Australia figures show.
Macquarie Exchange will join Stockland's $500 million state-of-the-art technology already in the precinct.
msccummins Sydney's Macquarie Park destroys itself. More skyscrapers and there won't be a park like character