The current commercial site of Lakes Business Park South is set to become South Sydney’s premium “life-work-life” precinct, with over 200 office, retail, hi-tech industrial and individual storage units. The project will cover 24,300 square meters, and is designed exclusively by Nettletontribe.
The mixed-use redevelopment consists of two adaptive buildings which feature flexible workspaces, high clearance warehouses, destination restaurants and a proposed childcare centre.
“Building on our mixed-use experience, we’ve created a highly flexible offer that will meet the demands of the current market, while allowing flexibility for dynamic businesses to change and evolve,” Dexus Chief Investment Officer Ross Du Vernet said.
With South Sydney undergoing considerable redevelopment, as this precinct transitions from an industrial to a residential and commercial hub, the region will be in need of critical lifestyle amenities. In response, Dexus aims to create “an urban sanctuary for local residents” through expansive parkland and healthcare offerings.
“Botany Quarter will reinvigorate the South Sydney area and create a much-needed lifestyle precinct, in the same way that The Grounds of Alexandria has done, for the enjoyment and benefit of both workers and the local community,” Du Vernet adds.
Botany Quarter improves upon Dexus’ strong presence throughout South Sydney, which includes the Lakes Business Park and Sir Joseph Banks Corporate Park – both adjacent to the new precinct – as well as The Mill in Alexandria.
This project, combined with a $1.4 billion development of Brisbane’s Eagle Street waterfront and the construction of 10-storey office building along Melbourne’s Flinders Street, is part of the developer’s push to grow its national mixed-use portfolio.
Cover Image: Supplied