Barangaroo’s second timber building reaches its peak
- 29 Apr 2019
The building is made from approximately 2,500 cubic metres of cross laminated timber and 2,200 cubic metres of glulam (glue laminated timber), and will include a 130-kilowatt solar array integrated with a rooftop garden.
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.
Quote attributed to Leanne Boyle, Executive General Manager, Barangaroo South, Lendlease
“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.”
Quote attributed to Balder Tol, General Manager, WeWork
“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.”
Background notes
Research by Planet Ark shows increased use of wood has measurable physiological and psychological health benefits, with workers being less stressed and more productive, and generally happier and calmer in spaces that contain natural elements like wood.
Preassembling parts of the timber provides safety, quality and speed of construction benefits.
ENDS
For more information please contact:
Rebecca Koerber
External Affairs Advisor, Urban Regeneration
Rebecca.Koerber@lendlease.com
+61 400 737 272
www.lendlease.com
About WeWork
WeWork is a platform for creators, providing over 400,000 members around the world with space, community, and services through both physical and digital offerings. Founded in 2010 in New York City, WeWork currently has 425 physical locations in 100 cities and 27 countries around the world. WeWork currently has 1,000+ enterprise member companies (businesses with at least 1000 employees around the world), representing over 30 per cent of WeWork’s total membership. In Australia, WeWork has 10,000 members in fifteen open locations across Sydney, Melbourne and Brisbane, with new locations announced, including its first Perth location which will open in September 2019.
www.wework.com
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.
Quote attributed to Leanne Boyle, Executive General Manager, Barangaroo South, Lendlease
“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.”
Quote attributed to Balder Tol, General Manager, WeWork
“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.”
Background notes
Research by Planet Ark shows increased use of wood has measurable physiological and psychological health benefits, with workers being less stressed and more productive, and generally happier and calmer in spaces that contain natural elements like wood.
Preassembling parts of the timber provides safety, quality and speed of construction benefits.
ENDS
For more information please contact:
Rebecca Koerber
External Affairs Advisor, Urban Regeneration
Rebecca.Koerber@lendlease.com
+61 400 737 272
www.lendlease.com
About WeWork
WeWork is a platform for creators, providing over 400,000 members around the world with space, community, and services through both physical and digital offerings. Founded in 2010 in New York City, WeWork currently has 425 physical locations in 100 cities and 27 countries around the world. WeWork currently has 1,000+ enterprise member companies (businesses with at least 1000 employees around the world), representing over 30 per cent of WeWork’s total membership. In Australia, WeWork has 10,000 members in fifteen open locations across Sydney, Melbourne and Brisbane, with new locations announced, including its first Perth location which will open in September 2019.
www.wework.com