Mirvac locks student accommodation giant to ex-Sydney Fish Market
Mirvac has secured student accommodation operator Scape, controlled by The Living Company, for a 26 storey tower at its $1 billion-plus redevelopment of the 3.6 hectare former Sydney Fish Market site at Pyrmont.
The building, with a mix of studios and shared rooms, forms part of the wider Blackwattle Bay urban renewal precinct, which incorporates the neighbouring recently-opened Sydney Fish Market, said to have cost $836 million to construct.
Mirvac plans c1,400 dwellings, offices and retail space, for the harbourfront site.
“Sydney is one of the world’s most extraordinary places to study – a harbour city that offers students not just a world class education but an experience that shapes who they become,” Scape Australia chief executive, Anouk Darling, said.
“Blackwattle Bay will be unlike anything we’ve delivered before, a truly iconic address on Sydney’s harbourfront that reflects the ambition and global standing of this city as a study destination,” she added.
This pocket of the suburb is about a kilometre from the CBD.
Green design
Mirvac’s development will be fully electric and powered by renewable energy, targeting net-zero carbon by 2030 (continues below).
“The Living Company’s latest student accommodation is targeting a 5‑Star Green Star rating/PassivHaus equivalent, reinforcing its commitment to environmentally responsible living,” founder and joint CEO Stephen Gaitanos said.
“Sustainability is embedded in the precinct’s design, guided by the vision for a resilient, low-impact waterfront community,” he added.
“Blackwattle Bay represents an ideal opportunity to contribute meaningfully to Sydney’s future and deliver on our promise to create communities where people truly belong,” according to the executive.
“Our vision is to provide a high-amenity, globally competitive student-living community that supports the education sector and enhances the vibrancy of this waterfront precinct”.
Planning and design works are expected to start immediately.
The Living Company is backed by long-term global investment partners.
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