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Commercial Development and Management

231 Elizabeth Street, Sydney Workplace

Elizabeth St

Project overview

PDNSW sought a long-term government office accommodation lease within the Southern Sydney CBD for a number of tenant agencies, as well as a dedicated whole-of-government touchdown space.

231 Elizabeth Street has had a major base building refurbishment to deliver a modern and flexible workplace to suit the occupant agencies' operational requirements for years to come.

Project objectives

Key objectives of the project include:

  • delivery of a modern, efficient, flexible and sustainable A-grade office workplace
  • government workplace consolidation
  • ability to adapt to machinery of government changes

Innovation

231 Elizabeth Street delivers a state-of-the-art, dynamic, technology-enabled and flexible workplace that will inspire employees to deliver high-quality service for the people of New South Wales.

Floor plates are large, with interconnecting stairs creating vertical villages.

Non-financial benefits

  • Improved building quality
  • Security of a long-term occupancy tenure
  • Environmental performance enhanced (a minimum of 5.5 Star NABERS Energy and 4 Star NABERS Water ratings)
  • Flexible touchdown space within the Sydney CBD
  • Promotion of flexible work practices

Financial benefits

  • Occupancy costs stabilised through securing a long-term tenure
  • Workplace churn costs reduced by providing greater flexibility that will ensure an efficient use of space over the long-term.
  • More efficient office footprint (20.6 per cent reduction) by consolidating seven existing locations into one
  • Greater facility management efficiencies

Working together

Agencies are working together with PDNSW to deliver this project and achieve cost and ongoing operational efficiencies.

Contact us

For further information email:

pdnsw.projects@dpie.nsw.gov.au