Leighton, Grosvenor commence Eclipse Tower Parramatta construction
Leighton Properties and Grosvenor Australia have begun the construction of the 25,660sqm Eclipse Tower at 60 Station Street, Parramatta after securing tenancy pre-commitments of approximately 70 per cent from two major corporations.
“Eclipse Tower is the first major new commercial development to commence construction in Parramatta since 2008,” according to Leighton Properties managing director Mark Gray.
Grosvenor Australia chief executive Rob Kerr said “The iconic building will set new standards for office accommodation in Sydney’s west. It is the first commercial building in Parramatta to go through the design competition process under Parramatta City Council’s new City Centre Plan with architectural firm Fitzpatrick and Partners creating the winning elliptical design.”
“The tower’s form, leading edge technology, sustainability features, highly efficient floor plates and central location in the heart of the CBD are the draw cards for tenants, with the opportunity to secure high exposure for what will be one of the tallest buildings in Parramatta,” the companies said.
The 19 level, elliptical shaped tower is targeting a 5 Star Green Star Rating from the Green Building Council of Australia and a 5 Star NABERS Energy Rating. It will have panoramic views and the largest, most flexible floor plates currently available in Parramatta, each floor being 1,320sqm.
Other features include a low temperature VAV air conditioning system, low thermal co-efficient solar glass and approximately 193 bicycle racks to encourage employees to cycle to work. Eclipse is also adjacent to the recently completed Parramatta Rail & Bus Transport Interchange, providing ready access to transport.
Leasing agents CB Richard Ellis are acting for the development, which is drawing significant interest for the remaining space from the government, and existing Parramatta tenants who recognise the timing is right to upgrade the quality of their office accommodation given the current shortage of A Grade office accommodation in the Parramatta CBD precinct.
Eclipse Tower is the latest joint undertaking for Leighton and Grosvenor, following their successful joint venture developments at 25 Smith Street Parramatta and the 43,000sqm George Street office tower in Brisbane. The contractor, John Holland has commenced on site works with the development due for completion in August 2012.