After just seven months of construction, Daramu House, the second timber building at Barangaroo, has reached its top floor marking structural completion at 1 Sussex St. Daramu House, meaning ‘tree’ house in the Aboriginal Language of the Sydney district, has been constructed from around 1,750 pieces of timber.
Global shared workspace company WeWork will lease all six floors of commercial space, providing approximately 2,000 members with high-quality office space.
Lendlease’s three business segments of development, construction and funds management have collaborated to deliver Daramu House. A Lendlease managed entity, Daramu House Trust, is funding and will own the asset on completion in late-2019.
The building sits beside International House Sydney – Australia’s first commercial building constructed from timber – and will include over 10,000 square metres of commercial space and approximately 680 square metres of new retail on the ground floor.
Leanne Boyle, Executive General Manager, Barangaroo South, Lendlease says:
“Daramu House is the last piece of the puzzle for Barangaroo South’s commercial precinct, where we have created the CBD’s next generation of sustainable workplaces.
“The precinct is a one stop shop, with commercial, retail, residential, public and open space working together to create a place where people want to work, live and play.
“When we work together to leverage our expertise across Lendlease, including development, construction, and investments, we can achieve great things. This building is another example of our integrated model in action.
“We’re excited to be welcoming WeWork to Barangaroo early next year. This workplace innovator joins a long list of companies now working in our precinct including Accenture, Origin Energy and PwC.”
Balder Tol, General Manager, WeWork says:
“We’re delighted to be alongside Lendlease shaping the precinct’s future identity by creating a place that activates and supports the future of work, life and play.
“The structural completion of Daramu House is a significant milestone for WeWork in Australia. We can’t wait to add Barangaroo to our fast-growing Australian portfolio, and offer our member companies of all sectors and scales another location within which to flourish.
“We understand that a well-curated environment can have a very positive contribution, not only to productivity, but to personal wellbeing as well – from desks to offices and entire headquarters, we look forward to expanding our diverse and vibrant community to 1 Sussex St.”
Copyright 2017-2023 All rights reserved.