Oxford Properties to develop Sydney project

Construction and development group Grocon has teamed up with partner Oxford Properties and CPB Contractors to develop the new Pitt Street Station, an office and build-to-rent (BTR) project in central Sydney.

The Sydney project will deliver 65,000 square meters (700,000 square feet) of space, spanning 39 stories of a premium office tower and retail plaza at 252 Pitt Street. And it will be developed with Sydney CBD’s first purpose-built 39-story BTR building of approximately 230 apartments.

It is slated to be completed by 2030.

Work is already underway on the new Pitt Street Station, with waterproofing and permanent lining of the tunnels continuing in the underground station caverns.

Pitt Street is one of five Sydney Metro stations that will be integrated with the areas around them, with developments also planned at Crows Nest, Victoria Cross in North Sydney, Martin Place and Waterloo.