This $1.8 billion initiative stands among Sydney’s CBD’s limited high-profile office constructions currently under way.
Work commenced in early 2024, and this week saw the finalisation of 45 structural tiers, encompassing basement, podium, core tower, and rooftop sections. The project has onboarded over 4,800 personnel, accumulating approximately 1.7 million labour hours.
Throughout construction, crews poured 37,000 cubic metres of concrete and embedded more than 5,000 tonnes of steel reinforcement. Given its proximity to the operational Chifley North building, the development utilised advanced digital engineering and site-mapping tools to synchronise both structures.
Finalisation is scheduled for September 2027. Initial occupancy agreements, secured by UBS and Charter Hall, covered around 16,000 square metres, while Gilbert + Tobin reserved 9,000 square metres across the top seven floors.
Recent leasing agreements now account for over 10,000 additional square metres, including a full-floor commitment from Landmark Group and expanded tenancies by existing signatories UBS and Charter Hall. The ground level features two dining venues: Applejack Hospitality and Kadlia Group.
Charter Hall’s David Harrison, managing director and group CEO, stated the project showed the company’s belief in the market for premium workspaces in major global cities. As a fully electric structure, Chifley South aims for a 6-Star Green Star sustainability certification.
Environmental measures included electric concrete pumps and renewable diesel fuels.
Carmel Hourigan, Charter Hall Office’s CEO and head of institutional services, called the topping-out ceremony a key phase in the precinct’s revitalisation. The finished development is projected to support up to 10,000 employees, with enhanced transit links via the nearby Martin Place Metro Station and future Hunter Street Station.
David Paterson, Built’s construction CEO, noted the project’s challenges in operating alongside an active site. The combined Chifley North and South portfolio, valued at approximately $4 billion, is owned by a wholesale partnership administered by Charter Hall.
