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1 Denison Street North Sydney (New Microsft HQ)

06 Nov, 19

Microsoft announced that it will be moving its headquarters to 1 Denison, which is a massive boost for the North Sydney precinct.

According to sources, the building will occupy levels 25 to 31 of the 39 floor, 1 Denison tower where Microsft will occupy up to 10,655sqm for an initial 10-year lease which was secured by Winten Property Group.

Microsoft Australia will consolidate all Sydney offices, including the current North Ryde HQ into this new development, except for the Microsoft technology centre in Martin Place.

The building makes it very easy to commute to being right in between the current North Sydney train station and the future Victoria Cross Metro station as part of the wider Sydney Metro stage 2 train line which is currently under construction.

Microsoft will love into the tower in the middle of 2021. The follows the buildings expected completion date of the end of 2020.

The building is expected to have an end value of $1,200,000,000 making it one of the most expensive buildings in the North Sydney precinct.

The North Sydney skyline is set to undergo a massive transformation over the next decade as the new Sydney Metro Stage 2 is now confirmed it will be built meaning there will now be two train stations in the suburb (The current North Sydney station as well as the new Victoria Cross station) as part of the new Sydney Metro metro network which will open in 2024.

The new proposal which will be called 1 Denison Street in North Sydney will be the tallest building in the North Sydney CBD& it will also be the tallest office building outside of the CBD & also be the tallest office tower outside a CBD within Australia so the scope of this development is massive.The tower will feature a massive 60,000sqm of total gross floor area, of which 15

The tower will feature a massive 60,000sqm of total gross floor area, of which 15,000sqm of which has been pre-committed to by the Channel Nine Network. This along with the Parramatta Square development are currently the biggest office developments occurring within the Sydney Metropolitan area.

The office tower will be a total of 156m high, making it a full 30m higher than the next tallest building. The building will include 39 floors making that an average of 4m per floor which is quite generous for today’s standards within a CBD.

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