A joint venture between developers Mirvac and John Holland has submitted a concept plan to the New South Wales Department of Planning, Industry and Environment (DPIE) for the $900m Sydney Metro Station development in Waterloo.
The project is divided into three precincts and its design is led by architects Hassell, Aileen Sage, Woods Bagot and Bates Smart.
The concept plans are integrated with the new Sydney Metro Station and include a new 30,000m² workplace building and a 24-storey apartment building.
As part of the plans, a 25-storey student accommodation building and 70 social housing apartments will also be built.
Being delivered in collaboration with the NSW Government, the mixed-use precinct is expected to generate up to 600 jobs in construction and an estimated 3,500 upon completion in 2024.
The proposed Waterloo Metro Quarter (WMQ) will support the continued evolution of this part of Sydney into an active place to live, work and relax.
The proposal also includes a local ground plane that comprises more than 2,200m² of public open plazas and retail laneways.
Mirvac chief investment officer Brett Draffen said: “With more people choosing to work closer to home in lower density, green environments, Waterloo Metro Quarter is designed to unlock the value of the metro.
“By creating outdoor spaces that bring people together, as well as providing more options for people to work closer to home, our design gives careful consideration to supporting post-Covid-19 lifestyles and the needs of future generations.”
The companies have lodged WMQ development applications for four buildings and a basement while a modification application has been submitted to reduce the commercial building height.
The NSW Government is now seeking community feedback on the concept plans for the Waterloo Metro Station.