Cimic Group’s CPB Contractors has won an A$368m contract to build a 39-storey premium office tower above the north entrance to Sydney Metro’s Pitt Street Station.
The Foster + Partners and Cox Architecture-designed Parkline Place tower brings to three the number of projects the company has at the site, since it is already building the A$463m Pitt Street Station itself and an A$150m build-to-rent residential building above its southern entrance, for a total revenue of A$981m at the address.
The design-and-construct contract was awarded by Parkline Place consortium partners Oxford Properties Group, MEA and Investa, which received development approval for Parkline Place from the government of New South Wales in March this year.
By 2024, the ambitious Sydney Metro project is scheduled to have completed 31 metro stations and more than 66km of new lines.
CPB Contractors began building Pitt Street Station in December 2020 and expects to finish it in 2023. Parkline Place is expected to complete in 2024. Its developers saidit will have 47,800 sq m of office space and 1,290 sq m of retail.
“It is a welcome addition to the portfolio of cityshaping projects CPB Contractors is delivering across Sydney,” said CPB’s managing director Jason Spears.