New South Wales

Macquarie Group's development proposal for Sydney Metro Martin Place precinct placed on public exhibition

MACQUARIE Group's concept proposal for an integrated Sydney Metro Martin Place station development has been placed on exhibition for community feedback, with the Department of Planning and Environment encouraging the community to provide their input.

The proposal involves the construction of two commercial towers above the northern and southern entrances of the future Martin Place Metro Station, including a new 40-plus storey building at the northern end that will join with the existing Macquarie Group building at 50 Martin Place.

Artist's impression of proposed Northern Tower as part of proposed Martin Place Station development
Above: Artist's impression of proposed Northern Tower as part of proposed Martin Place Station development / Macquarie Group.

At the southern entrance, a new 28-plus storey building is proposed, with a new all-weather pedestrian concourse connecting between the northern and southern station entrances also included as part of Macquarie's unsolicited proposal.

The Department's Deputy Secretary of Planning Services, Marcus Ray, said the local community has an opportunity to share their views.

"Community consultation is an integral part of the planning process and the applicant must respond to the feedback we receive. It's easy to participate by going online and we encourage everyone to take a look and have their say," Mr Ray said.

Artist's impression of proposed platform level as part of proposed Martin Place Station development
Above: Artist's impression of proposed platform level as part of proposed Martin Place Station development / Macquarie Group.

Two other applications also relate to the proposed development.

A separate planning proposal will be considered to change the shape of the building to allow more floor space above 55 metres on the southern side of Martin Place, while still ensuring that Martin Place and Hyde Park receives enough sunlight.

A request from Transport for NSW to modify the approved Sydney Metro Critical State Significant Infrastructure to accommodate the proposal will be also considered.

Macquarie Group's concept proposal is on exhibition until 30 June 2017, with the other proposals to be placed on exhibition shortly. More information is available from the Department of Planning and Environment website at <http://www.planning.nsw.gov.au/martinplace>.

Artist's impression of proposed all-weather concourse as part of proposed Martin Place Station development
Above: Artist's impression of proposed all-weather concourse as part of proposed Martin Place Station development / Macquarie Group.

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