CIMIC Group’s CPB Contractors has been confirmed as the builder of the new 39-storey commercial development above the north entrance to Sydney Metro’s Pitt Street station.
The design and construct contract for the office building, to be known as Parkline Place, was awarded by consortium partners Oxford, MEA and Investa and will generate revenue of $368 million for CPB Contractors.
The 39-storey building and retail precinct will comprise 47,800 sqm of office space and 1,290 sqm of space, accommodating 4,500 occupiers upon completion.
CPB Contractors is already delivering the $463 million Pitt Street Station contract and, earlier this year, was confirmed as the builder of the $150 million build-to-rent building above the station’s southern entrance.
“CPB will work closely with its clients and stakeholders to ensure that the building and station function seamlessly and that the new building is safely delivered to schedule,” CIMIC Group executive chairman and CEO Juan Santamaria said.
