Project Description

Client:

Charter Hall

Services:

Quantity Surveying, Cost Management

The 37-storey premium-grade Chifley South tower development is set to become a world-class precinct in Sydney’s CBD and an impressive extension of Australia’s pre-eminent workplace precinct with leading sustainability, workspaces, retail, community, social and respite space, with a reinvigorated podium amenity consisting of a premier business lounge, world-class wellness facilities, and retail.

A new podium and tower will be constructed on the southern portion of the site, adjacent to the existing tower, Chifley North, and fronting Chifley Square. The development will provide approximately 64,572m2 of new premium-grade commercial and retail GFA across the site and four new levels of basement.

A major milestone has been achieved with main works commencing in early 2024 on the $1.8 billion project, which is slated for completion in 2027.

WT has been working on the project from its inception, providing full quantity surveying and cost management services through the design and procurement phases, working closely with Charter Hall and the project team including a collaborative early contractor involvement (ECI) period with construction contractor Built.

Our scope includes:

  • cost feasibility studies
  • early procurement of key centralised plant and equipment
  • embodied carbon advice
  • design competition assessment.
  • cost planning and cost management
  • ECI assessment and evaluation.

We are commencing delivery of our post-contract cost management services and have developed a dashboard that will be used as a portal to inform Charter Hall of project cost during construction.

In late 2022, the Design Excellence Competition was completed, resulting in a world-leading environmental and social design by the architect, Bates Smart. Exemplary sustainability features include precinct-wide electrification with 100% renewable energy. The project is also targeting Climate Active Carbon Neutral Building certification.

Another notable achievement is the record-fast lodgement and approval of the Development Application, achieved in under 6 months.

On completion, the Chifley South project will revitalise this premier precinct and provide a valuable uplift to commercial capacity in the heart of Sydney’s core financial district.