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Establishing Sydney as a Global Tech Hub

Image Credits: NSW Government Website, Press Release

Sydney’s Tech Central precinct is set to become a global technology hub with an Australian tech giant getting ready to establish its headquarters at the site. The tech company has planning approval to build its $546 million, 40-storey headquarters on the YHA site at Central Station, while the neighbouring Parcel Post building has been rezoned to accept other technology tenants at the site.

Tech Central will house 25,000 jobs in the world’s tallest hybrid timber tower, spanning over 24ha of land, once fully developed. Atlassian’s headquarters alone will accommodate 5,000 operational jobs. The construction of the tower is scheduled to begin in the first half of 2022, with completion expected by 2026.

The Planning and Public Spaces Minister for the region noted that approval of the precinct is a significant milestone in what would be the largest government-led urban renewal in NSW. He felt that the revamp of Central Station and delivery of Tech Central will create a commercial core in the City’s south that would include a public domain with new open space, shops and cafes all on top of the rail corridor.

The Minister for Jobs and Investment noted that with the tech company’s HQ set for construction and the Western Gateway sub-precinct rezoned, the planning controls are now in place to transform this tired transport hub into something to rival Silicon Valley.

About Central Precinct

Central Precinct is a State Significant Precinct (SSP) surrounded by leading universities and businesses. Central SSP covers 24 hectares. The local government is working with Transport for NSW (TfNSW), the City of Sydney and the Greater Sydney Commission to transform Central SSP into a technology and innovation precinct.

The precinct will be a leader in innovation, collaboration and jobs for the future as well as the epicentre of Tech Central. Stretching from Central Station to Camperdown, Tech Central will house start-ups, scale-ups and innovation ecosystem partners in 250,000 sqm of office space.

Tech Central

As the future focal point of Sydney’s innovation and technology community, Tech Central will create a vibrant innovation and technology precinct in the heart of Sydney’s CBD, with strong links to international markets, Greater Sydney, and the rest of NSW.

Home to the Sydney Quantum Academy and future Space Industry Hub, Tech Central will future proof and diversify the New South Wales economy and cement its position as a leader in:

  • Fintech, Cyber and e-Health
  • Digital and deep technology including quantum, blockchain, AI, robotics, IoT and analytics
  • Creative industries including VR and game design

Tech Central will provide up to 250,000 square metres of space for technology companies, including 50,000 square metres at affordable rates for start-ups and scaleups, in a connected location brimming with heritage, culture and activity.

An NSW Government funding package of $48.2 million has kick-started development and the aforementioned tech giant is confirmed as the anchor tenant. It will locate its headquarters in the precinct, bringing over 4,000 employees.

Highly ranked nearby institutions including the University of Sydney, University of Technology Sydney, Royal Prince Alfred Hospital and CSIRO’s Data61 are looking to further collaborate with businesses on joint research, commercialisation and graduate programs.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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