Oxford Properties and Investa receive development approval for Parkline Place

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Oliver Nichols

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Rider Levett Bucknall (RLB) congratulates Oxford Properties (Oxford) following the development approval of its State Significant Project, Parkline Place, following its lodgement in July 2020.

The premium office building will be built above the northern entrance of the Sydney Metro Pitt Street Station. RLB is thrilled to be a part of this journey with Oxford, having been appointed to lead the quantity surveying services on this exceptional project.

Pitt Street Station is one of six new underground stations for the Sydney Metro City & Southwest line, which extends the new metro rail from Chatswood, under Sydney Harbour, through the Sydney CBD to Bankstown. RLB has been involved with the two over station development applications connected to the Pitt Street metro station, Pitt Street South and Pitt Street North (Parkline Place) buildings.

To be located on the corner of Pitt and Park streets, Parkline Place has been designed by Britain’s Foster + Partners, in collaboration with Cox Architecture. The striking 177m-high building will feature 47,800 square metres of office space with a further 1,290 square metres of retail amenity. The development also includes four retail tenancies, storage, station managements and building services on the ground floor with flexible commercial space starting at level five.

Oxford Properties plans to commence construction later this year and completion is due in 2023, with the scheduled metro services to begin in 2024.

RLB Director Oliver Nichols said, ‘We are thrilled to be delivering commercial certainty to the impressive over station development, which will provide a vibrant new community and office hub in the middle of central Sydney.’

Whilst engaged by Oxford at the end of 2019, RLB has been involved since the 2018 conceptual bid phase and was part of the initial winning joint venture team for this over station development. RLB has been engaged directly by Oxford to provide quantity surveying services, from concept design through design development to contract sum agreement with post-contract services to follow.

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