AUSTRALIA: The New South Wales government has awarded Macquarie Group a A$378·6m contract to develop Martin Place station on the southern section of the future Sydney metro line.
Macquarie Group submitted an unsolicited proposal to develop the underground station and buildings above it. The company has appointed Lendlease as design and construction subcontractor. The NSW government will receive A$355m from Macquarie Group for the air rights above the station.
The northern section of the Sydney metro is scheduled to open next year, with the southern section following in 2024.
