Atlassian, Dexus, Toga partner for homelessness initiative

The Little Bourke Street warehouse being converted for emergency accommodation.

Part of the city’s former Adina Sydney Central hotel will be converted into short term accommodation for at-risk youths and refugees, while plans to redevelop the sites around it are being assessed.

The repurposing makes the most of the vacant, fully equipped venue which closed last March, according to Allan Vidor, managing director of TOGA Group, which is funding the renovation and maintenance with Dexus and Atlassian.

Fifty people per night could use the dwellings; across up to four levels, to be known as The Central Project, these will be managed by My Foundations Youth Housing, which helps people transition to permanent accommodation.

The ground floor meanwhile will be fit out for Thread Together, a not-for-profit providing clothing for those in need, supported by over 1000 donating partners.

MYFH and TOGA previously partnered on the Addison Project initiative, which provided temporary accommodation for 850 people between 2014-2018.

“MYFH believes all young people should have a safe, supportive and affordable home, and this project offers accommodation smack bang in central Sydney for people in need, with transport connections and job opportunities on their doorstop,” the not-for-profit’s chief executive officer, Rebecca Mullins, said.

Last year, the City of Melbourne began repurposing a vacant warehouse at 602 Little Bourke Street, in the city, as 50 studio apartments, also for those experiencing homelessness.

It called on the private sector to help fund the conversion of $65,000 per dwelling (story continues below).

Site set for replacement

The TFE Adina site is earmarked to be replaced with a four tower office complex, Central Place.

One of the buildings, set to the Atlassian’s headquarters, is under construction.

The balance of the project includes a part to be delivered by Dexus and Frasers Property Australia, approved last year but not scheduled for completion until 2027.

“Central Place will bookend the northern end of Sydney’s new technology and innovation precinct,” a spokesperson for Atlassian, Dexus and Toga, said.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.