Sydney’s tallest commercial building Salesforce Tower reaches highest point, announces new tenants

Lendlease’s Circular Quay development Sydney Place has celebrated a significant milestone with a ‘topping out’ ceremony of its flagship commercial building Salesforce Tower, marking the completion of the highest point for the 55-storey tower.

Designed by one of the world’s leading architecture firms Foster + Partners, the structural completion of Sydney’s tallest commercial building at 180 George Street has transformed the city skyline, as construction now moves to the final stages.

The new building will welcome anchor tenant Salesforce, global leaders in CRM, occupying levels 34-53. 

Jones Lang LaSalle (JLL), Australia’s largest commercial property services firm will relocate its Sydney headquarters to levels 25-27, with Greenhouse, a new hub for climate technology and innovation by venture capital company Investible on levels 1-3. 

Interest in the new commercial tower continues to be strong, as Asia Pacific’s leading premium flexible workspace provider, The Executive Centre, has signed on to occupy c.2,200 square metres on levels 22 and 23 adding a new flagship location to their existing Sydney portfolio.

In addition, one of the world’s largest privately held asset managers, Wellington Management, has announced it will relocate from 126 Phillip Street.

On levels 31 to 33, Lendlease will offer new commercial suites as a turnkey solution for 
businesses looking for premium grade office space in a high-profile location, with the 
flexibility of shorter-term leases.  

During its four years of construction, the project has supported approximately 2,000 jobs, with 100 per cent of tradespeople on the project to-date from local businesses within Greater Sydney. It is the first steel-framed high-rise built in Sydney in the last 25 years. 

Sydney Place has been awarded a Platinum WELL Shell and Core rating and the Green Building Council of Australia’s Design & As Built 6 Star Green Star, and is targeting a 5.5 Star NABERS energy rating.The tower is being developed and constructed by Lendlease, in a joint venture with China’s Ping An Real Estate and Japan’s Mitsubishi Estate Asia, and will be completed later this year.

Tom Mackellar, Managing Director of Development, Lendlease said “Completing the structure of our flagship commercial building at 180 George Street brings us one step closer to seeing our Sydney Place precinct breathe new life into Circular Quay, including a revamped Jacksons on George, retail and dining laneways and a major public square on George Street.

“The calibre of tenants, including anchor tenant Salesforce, signals strength in Sydney’s commercial market as demand for city-defining and sustainable workplaces increases post-pandemic.”

Pip Marlow, Chief Executive Officer Salesforce ANZ and ASEAN says “It’s so exciting to be reaching this milestone and see the new building taking shape. The last two years have completely transformed the way we think about work and we are excited to design a space for our employees that fosters connection, creativity and fun. Our space will be designed not just for us but also for the community with shared spaces, training floors and a core focus on sustainability.”