A catalyst for urban renewal.
The new Sydney Metro integrated station development at Waterloo, called the Waterloo Metro Quarter, will revitalise the Waterloo precinct and improve community spaces in the inner city for generations to come.
The $900 million mixed-use precinct is a state significant development. The precinct will be the catalyst for the urban revitalisation of Waterloo, sustainable job creation and a truly integrated mix of community facilities, commercial space, and new homes including social and affordable housing.
The Waterloo Metro Quarter development includes four buildings above and next to the station. It includes two high-rise and two midrise buildings in a developable area of just under 70,000 sqm. It will provide a mix of commercial and residential premises and student accommodation.
At least five per cent of homes will be affordable housing and 70 apartments will be set aside for social housing. There will be new community facilities, more trees planted, retail and office space and two new public plazas at Cope Street and Raglan Street.
- Customer
NSW Government - Location
Waterloo, Sydney, New South Wales - Specialisation
Future cities - Start
2020 - End
Station opens in 2024
The project will create 2,000 jobs and Waterloo station, a part of Sydney Metro City & Southwest, is expected to open in 2024.
The project has also committed to double the NSW Government’s targets for Aboriginal and Torres Strait Islander workforce participation and business spend. John Holland and Mirvac will invest up to $20 million in work with Aboriginal-owned enterprises, and double the Government’s Aboriginal workforce participation target to five per cent.
The project forms part of the broader Waterloo State Significant precinct, a 20 ha area, 3km south of Sydney’s CBD.
