Turning a station into a destination

The Metro Martin Place proposal represents a unique opportunity to transform one of Sydney’s most significant spaces. Integrating the new Martin Place Metro station with development above the station and the existing Martin Place train station, the proposal delivers not just a better station for commuters, but also a new and vibrant transport, commercial, retail and dining precinct in the heart of Sydney's CBD.


Watch the video

10 May 2018

Experience the proposed Metro Martin Place design and the vision of an integrated transport hub and commercial, retail and dining precinct.

Project overview

The NSW Government’s Sydney Metro project is currently Australia’s largest public transport project, and a transformative one for Sydney.

Metro Martin Place is a proposal to realise a unique opportunity: to create a world-class transport, civic, lifestyle and commercial hub in the heart of Sydney’s CBD. By combining the yet-to-be-constructed Metro station at Martin Place with the existing train station, and new commercial, retail and dining spaces, Metro Martin Place is a proposal to deliver a rich, lively and active destination for the people of Sydney and visitors alike.

The proposal would offer commuters and those that use the precinct with:

  • Convenient access to the Eastern Suburbs and Illawarra rail lines and nearby bus, light rail (under construction) and taxi services
  • A free-to-use all-weather walkway connecting Martin Place with Hunter Street with the potential to extend through to O’Connell Street
  • Access to natural light right down to the Hunter Street end of the Metro platform level to make navigating the station easier
  • More public concourse space to allow for the large number of people expected to use the Martin Place Metro station
  • Improved access to the Metro station.

It is a proposal that respects the civic, social and cultural significance of Martin Place, while making a contribution to a reinvigoration currently underway in the area.

This proposal has been – and continues to be – informed by the world’s great public precincts such as the new World Trade Center in New York and Canary Wharf in London. It is sympathetic to Sydney City’s 2030 plan which outlines what Sydneysiders want from their city. And it aims to contribute to Sydney’s status as a global business district.

The historic, heritage-listed 50 Martin Place is an integral part of the proposed design. 50 Martin Place is the headquarters of the proponent of this proposal, Macquarie Group. Macquarie has a global track record as a developer, owner and manager of infrastructure, and with this proposal, can offer unique features into the design that would improve the overall precinct experience. 

The proposal has been submitted via the NSW Government’s Unsolicited Proposal process, which is designed to encourage the private sector to come forward with innovative infrastructure or service delivery solutions. A final and binding proposal is to be prepared, and will be subject to NSW Government approval.

Principal project team

The project team brings together world-class specialist expertise with a deep knowledge of and commitment to the Martin Place precinct.

  
Macquarie Group   Grimshaw Architects   Johnson Pilton Walker (JPW)   Tzannes Architects  

Macquarie Group
Proponent, Financial Adviser
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Grimshaw Architects
Architect
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Johnson Pilton Walker
Architect
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Tzannes Architects
Architect
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Arup Australia   JBA Urban   Rider Levett Bucknall   Savills Australia  

Arup Australia
Engineer
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JBA Urban
Planning Adviser
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Rider Levett Bucknall
Quantity Surveyor
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Savills Australia
Project Manager
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Macquarie Group   Grimshaw Architects   Johnson Pilton Walker (JPW)  

Macquarie Group
Proponent, Financial Adviser
Learn more >

 

Grimshaw Architects
Architects
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Johnson Pilton Walker
Architect
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Tzannes Architects   Arup Australia   JBA Urban  

Tzannes Architects
Architect
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Arup Australia
Engineer
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JBA Urban
Planning Adviser
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Rider Levett Bucknall   Savills Australia      

Rider Levett Bucknall
Quantity Surveyor
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Savills Australia
Project Manager
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Macquarie Group   Grimshaw Architects  

Macquarie Group
Proponent, Financial Adviser
Learn more >

 

Grimshaw Architects
Architects
Learn more >

 
Johnson Pilton Walker (JPW)   Tzannes Architects  

Johnson Pilton Walker
Architect
Learn more >

 

Tzannes Architects
Architect
Learn more >

 
Arup Australia   JBA Urban  

Arup Australia
Engineer
Learn more >

 

JBA Urban
Planning Adviser
Learn more >

 
Rider Levett Bucknall   Savills Australia  

Rider Levett Bucknall
Quantity Surveyor
Learn more >

 

Savills Australia
Project Manager
Learn more >

 
             
Macquarie Group

Macquarie Group
Proponent, Financial Adviser
Learn more >

Grimshaw Architects

Grimshaw Architects
Architect
Learn more >

Johnson Pilton Walker (JPW)

Johnson Pilton Walker
Architects
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Tzannes Architects

Tzannes Architects
Architect
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Arup Australia

Arup Australia
Engineer
Learn more >

JBA Urban

JBA Urban
Planning Adviser
Learn more >

Rider Levett Bucknall

Rider Levett Bucknall
Quantity Surveyor
Learn more >

Savills Australia

Savills Australia
Project Manager
Learn more >

Newsroom

 

9 May 2018 Public Information Session 15-16 May 2018: Proposed Sydney Metro Martin Place Station development
View details >
9 May 2017 Public Information Session: Display materials
View details >
26 April 2017 Public Information Session: Proposed Sydney Metro Martin Place Station development
View details >
16 March 2017 Macquarie progresses to Stage Three of NSW Government unsolicited proposals process for Sydney Metro Martin Place station development
View media release >

 

 

 

FAQ

The proposal is to realise a one-off opportunity to create a world-class transport, cultural, lifestyle and commercial (office and retail) hub in the heart of the Sydney CBD. Delivering on this proposal for Sydney and its people would include:

  • Sydney Metro’s new Martin Place station, which is set to become one of the busiest stations in the Sydney CBD
  • Two key entrance plazas: Martin Place at the south end of the precinct and Hunter Street to the north
  • Pedestrian connections to the new Metro station, the existing Eastern Suburbs and Illawarra train lines, and nearby bus services
  • A free-to-use, all-weather concourse offering commuters and other precinct users a convenient covered walkway from Martin Place to Hunter Street, with the potential to extend to O’Connell Street
  • Active street frontages and elevated street terraces offering retail, dining and services that would transform a station into a destination for Sydneysiders and visitors
  • Two new commercial buildings that will offer employers the flexibility to create desirable, productive workplaces for their employees
  • Public domain improvements for Martin Place.

The aim of the proposal is to deliver not just a better station for commuters, but also a new and vibrant transport, commercial, retail and dining precinct in the heart of Sydney's CBD.

The Metro Martin Place Precinct would span that part of Martin Place located between Elizabeth and Castlereagh Street, all the land area bordered by Martin Place, Elizabeth Street, Hunter Street and Castlereagh Street, and the property immediately south of Martin Place.

Macquarie Group has made this proposal to the NSW Government under the Unsolicited Proposals process. There are three key stages in this process and Macquarie’s proposal is currently in Stage Three, which involves preparing a final and binding proposal to the NSW Government which it can either approve or reject.

The NSW Government’s Unsolicited Proposal process is designed to encourage the private sector to come forward with innovative infrastructure or service delivery solutions. More information on the process is available on the NSW Government’s website.

If a final and binding proposal is made by Macquarie and approved by the NSW Government, Macquarie would be entrusted to deliver only the Martin Place Metro station for the Government.

The Martin Place Metro station is one of seven new stations to be built on the City and Southwest Metro line. This line is intended to run from Chatswood, under Sydney Harbour, and through the Sydney CBD, ending at Sydenham.

The Government would own and operate the station and Macquarie would not be involved in the station once operational.

Separate and in parallel to Macquarie’s proposal, Transport for NSW is also running a procurement (tender) process for the delivery of the Metro. It is also planning for possible future over-station development on the land it has already acquired for the Sydney Metro project, including the land for the Martin Place station.

Macquarie believes there is a unique opportunity to combine the Metro station, development above the station, and Macquarie’s headquarters (comprising 50 Martin Place and the adjacent 9–19 Elizabeth Street) and treat these three separate spaces as one.

Macquarie believes the advantages of this approach would include:

  • The ability to deliver a transport, commercial, lifestyle and cultural hub that makes the best possible use of space and light. By not separating the station from the space over the station development, there is an opportunity to integrate the two projects and increase the amount of public space and bring natural light to the Hunter Street end of the Sydney Metro station platform.
  • Incorporating into the design a free-to-use, all weather concourse that provides all users of the precinct – not just commuters – with a convenient all-weather walkway from Martin Place to Hunter Street, with the potential to connect to O’Connell Street. This is an inclusion unique to Macquarie’s proposal and delivering it requires tunneling under the heritage-listed 50 Martin Place portion of its global headquarters. This feature has been carefully designed to avoid impacts to this historic building, including its below-ground vaults.
  • Timing benefits including delivering the precinct in 2024, which is when the Sydney Metro is due to open. Treating the Sydney Metro station and over-station developments as one would also allow for a more co-ordinated approach during construction, with the aim of minimising disruption.
  • Greater certainty for the NSW Government, as under the proposal, Macquarie would be an occupant of the commercial premises above the Sydney Metro station.

Macquarie understands the responsibilities that come with delivering such an important piece of transportation and civic infrastructure. We have a long track record around the world for delivering infrastructure and other public assets as an adviser, financier, investor, owner and operator.

We recognise that creating a precinct that meets the expectations of the people of Sydney, the City of Sydney Council and the NSW Government requires assembling the right team of specialists.

Our team includes internationally-recognised architects and engineers including Grimshaw, Johnson Pilton Walker, and Arup. During the course of preparing a final and binding proposal for the NSW Government’s approval, we expect to bring other relevant design and construction partners into the project team.

To finalise the design of the Metro Martin Place precinct, Macquarie will need to submit three separate planning applications to the Department of Planning and Environment. These initial applications are separate to the Unsolicited Proposals process.

The three planning applications are:

  1. A State Significant Development Application (Stage One) which would establish the building envelopes and gross floor area for the new north and south tower buildings. This application is to be made under the under the State Environmental Planning Policy (State and Regional Development) 2011.
  2. A Planning Proposal that would seek to amend the 55m height limit on some of the northern portion of the south site and the floor space ratio limit on the north and south sites, both to accommodate the form and shape of the proposed building. This application to amend the Sydney Local Environmental Plan 2012 is made under the Environmental Planning & Assessment Act, 1979.
  1. An application to modify the approved Sydney Metro Critical State Significant Infrastructure to accommodate changes to the station envisaged in Macquarie’s proposal. This is necessary to incorporate into the Sydney Metro station the additional land owned by Macquarie (at 50 Martin Place and 9–19 Elizabeth Street) and to include the new all-weather pedestrian link beneath this land. The modification application would be coordinated with Transport for NSW as the agency responsible for delivering the Sydney Metro project.

A design excellence process will be proposed alongside these applications to ensure the highest standards of urban, architectural and environmental design.

If these initial planning applications are approved then Macquarie will submit more detailed applications in 2018 if the final and binding proposal is approved by the NSW Government. These are for the detailed design and construction of the tower buildings that have come out of the design excellence process.

Lodging planning applications during Stage Three would mean that, were a final proposal to be approved by the NSW Government, Macquarie could deliver on a timetable consistent with the existing Sydney Metro reference scheme.

Once submitted, Macquarie’s Development Application, Planning Proposal, and the Modification to the Sydney Metro approval will be uploaded to the Department of Planning and Environment’s website at www.planning.nsw.gov.au.

The first step in preparing the planning application for the Stage One State Significant Development is to formally request the Secretary’s Environmental Assessment Requirements (SEARs) from the Department of Planning and Environment. This request has been lodged and can be viewed on the Department’s website.

Macquarie intends to undertake public consultation on the plans before they are submitted, and when they are being processed by the Department of Planning and Environment. Details of this consultation will be notified to the public via a public notice in the near future. We will also be updating this site with details when they become available.

After the applications are submitted to the Department of Planning and Environment they will go on formal exhibition, allowing the public to have their say and ensuring comments can be considered during the planning assessment process.

Contact us


For more information about this project, please contact enquiries@metromartinplace.com or call 1800 005 047