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1 Elizabeth
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Skyscraper and Metro Station in Australia
September 2024
March 2024
1 Elizabeth 1 Elizabeth Street Martin Place Metro North Tower 1 Elizabeth Sydney foto 1.jpg Sydney Australia Sydney central business district -33.866533 151.21033 inline,title Macquarie Bank 2020 2024 Commercial 174 m 0 in 39 40 75521 m2 6022 sqm Johnson Pilton Walker Macquarie Bank Lendlease Arup Group Grimshaw Architects Sydney Metro Martin Place Sydney Metro https://www.1elizabeth.com.au
1 Elizabeth, also known as Martin Place Metro North Tower, is a 174 m 0 in 40–story skyscraper in Sydney, Australia. Designed by Johnson Pilton Walker (JPW), the building has been integrated with the adjoining 50 Martin Place building, as well as the Martin Place station that sits under 1 Elizabeth.https://jpw.com.au/projects/martin-place-metro-north-tower/ Project Martin Place Metro North Tower Johnson Pilton Walker 15 September 2024 2 October 2024 https://web.archive.org/web/20241002105812/https://jpw.com.au/projects/martin-place-metro-north-tower/ deadhttps://architectureau.com/articles/once-in-a-generation-martin-place-two-tower-development-underway 'Once in a generation' Martin Place two-tower development underway 13 Sep 2018 ArchitectureAu
The building occupies the sites of former office buildings on 9-19 Elizabeth Street, 8-12 Castlereagh Street, 55 Hunter Street, and an art deco apartment building on 7 Elizabeth Street which were gazetted for construction of the Sydney Metro.https://www.smh.com.au/national/nsw/sydney-cbd-demolitions-begin-for-new-sydney-metro-line-after-18-billion-property-purchases-20170419-gvnowq.html Sydney CBD demolitions begin for new metro rail line after $1.8 billion property purchases 19 April 2017 Sydney Morning Herald
History
Proposal
In December 2014, Macquarie Bank learnt of the Sydney Metro's three CBD underground station construction sites and started work on a pitch to the Government of New South Wales for it to design and build the proposed Martin Place station with the intention to build an expansion to its Sydney headquarters on 48-50 Martin Place.https://www.afr.com/companies/infrastructure/martin-place-deal-carves-out-a-new-key-to-the-city-20200114-p53reo Macquarie's real estate deal of a lifetime 27 Feb 2020 Australian Financial Review https://web.archive.org/web/20200227010905/https://www.afr.com/companies/infrastructure/martin-place-deal-carves-out-a-new-key-to-the-city-20200114-p53reo 27 February 2020 https://architectureau.com/articles/two-towers-proposed-for-sydneys-martin-place/ Two towers proposed for Sydney's Martin Place 2 Jun 2017 Architecture Media
In February 2016, Macquarie Bank lodged an unsolicited proposal to deliver the Sydney Metro Martin Place integrated station development that will comprise the new metro station, retail space, pedestrian connections and the two buildings above
the station.https://www.nsw.gov.au/sites/default/files/2020-05/Unsolicited_proposals_Macquarie_Group_Limited_Martin_Place_Metro_Station_Assessment_Outcome.pdf Unsolicited Proposal: Macquarie Group Limited - Sydney Metro Martin Place Station 12 September 2018 NSW Department of Premier and Cabinet In March 2017, the Government of New South Wales rejected the other bid by Dexus and entered into exclusive negotiations with Macquarie Bank.https://www.afr.com/property/commercial/macquarie-beats-dexus-to-sydneys-martin-place-20170316-guzpy4 Macquarie beats Dexus to Sydney's Martin Place 16 March 2017 Australian Financial Reviewhttps://www.macquarie.com/au/en/about/news/2017/stage-three-martin-place-development-proposal.html Macquarie progresses to Stage Three of NSW Government unsolicited proposals process for Sydney Metro Martin Place station development 17 March 2017 Macquarie Group
In 2018, Macquarie Bank announces it entered an agreement with the Government of New South Wales to design and deliver a new integrated station development in Martin Place partnering with contractor Lendlease.https://www.macquarie.com/au/en/about/news/2018/macquarie-agrees-to-deliver-new-vibrant-public-transport-precinct-in-martin-place.html Macquarie enters into binding agreements to deliver a new, vibrant public transport precinct in Martin Place 12 September 2018 Macquarie Grouphttps://www.sydneymetro.info/article/sydneys-first-look-new-martin-place Sydney's first look at a new Martin Place 12 September 2018 Sydney Metrohttps://www.smh.com.au/national/nsw/macquarie-group-seals-deal-for-new-martin-place-metro-station-and-towers-20180912-p5038p.html Macquarie Group seals deal for new Martin Place metro station and towers 12 September 2018 Sydney Morning Heraldhttps://architectureau.com/articles/nsw-govt-approves-grimshaw-and-jpws-martin-place-towers/ NSW gov't approves towers over Martin Place metro 21 Aug 2019 ArchitectureAu The 3 billion AUD yes development will add 95,000 m2 sqft of new space into the Sydney market and is planned for completion by 2024.https://www.afr.com/property/macquarie-lendlease-finalise-3-billion-martin-place-railway-20180912-h159ye Macquarie, Lendlease finalise $3 billion Martin Place railway 12 September 2018 Australian Financial Reviewhttps://www.developmentready.com.au/content-hub/article/3-billion-martin-place-development-sealed-for-2024-delivery $3 billion Martin Place development sealed for 2024 delivery 18 September 2018 DevelopmentReadyhttps://www.abc.net.au/news/2019-08-21/nsw-government-approves-martin-place-towers-above-metro-station/11434050 NSW Government reveals design for two new towers at future Martin Place Metro Station 21 Aug 2019 ABC News Macquarie paid the Government of New South Wales $355 million for the air rights above the station to build the two office buildings.https://www.theurbandeveloper.com/articles/macquarie-wins-379-million-contract-to-develop-martin-place- Macquarie Wins Contract to Develop Martin Place 12 September 2018 The Urban Developer
Construction
Construction of the building, designed by the architecture firm Johnson Pilton Walker and built by Lendleasehttps://www.lendlease.com/au/what-we-do/construction/martinplacemetro/ Sydney Metro Martin Place Integrated Station Development Lendlease Corporation for Macquarie Bank, began in 2020 and are to be completed in 2024.https://www.skyscrapercenter.com/building/1-elizabeth/29124 1 Elizabeth The Skyscraper Center 2024-01-22
At completion, the building will become Macquarie Group's new global headquarters.https://www.macquarie.com/au/en/insights/shaping-the-future-of-sydneys-cbd.html Shaping the future of Sydney's CBD 2023-09-15 Macquarie Group 2024-01-22
Sydney Metro Art Program
As part of the Sydney Metro legacy-building public art program, three artworks from the former P&O building on 55 Hunter Street were salvaged, stored, refurbished
and reinstated as public artworks incorporated into 1 Elizabeth.https://www.transport.nsw.gov.au/projects/programs/metro-art/city-southwest/relocating-existing-artworks Relocating existing artworks 5 October 2023 Transport for NSW
Public Art salvaged from previous P&O Building at 55 Hunter Street -
Four Continents, 1963, Douglas Annand
P&O Wall Mural, 1963, Douglas Annand
P&O Wall Fountain, 1962, Tom Basshttps://www.tbsss.org.au/will-future-tom-bass-po-wall-fountain/ The P&O Wall Fountain in Hunter Street, Sydney 14 June 2016 Tom Bass
References
External links
Sydney Metro Martin Place integrated station precinct
https://www.lendlease.com/siteassets/lendlease/australia/martin-place-metro/sdpp-rev-eoptimized--dpie-approval.pdf Martin Place Station Design and Precinct Plan Lendlease
https://www.planningportal.nsw.gov.au/major-projects/projects/sydney-metro-martin-place-over-station-development Sydney Metro - Martin Place Over Station Development State Significant Development Planning Portal - Department of Planning and Environment
https://www.planningportal.nsw.gov.au/major-projects/projects/martin-place-station-precinct-north-site-stage-2 Martin Place Station Precinct - North Site Stage 2 Project Planning Portal - Department of Planning and Environment
Category:Skyscraper office buildings in Sydney
Category:2024 establishments in Australia
Category:Neo-futurist architecture in Australia
Category:Office buildings completed in 2024