News & Media

New commercial tenant at Central Park

Retail  |  11 May 2018
Frasers Property Australia
Media release
Frasers Property Australia
100 Broadway Central Park

UTS Graduate School of Health to occupy One Hundred Broadway by mid-2019

SYDNEY, 10 MAY 2018 – Frasers Property Australia, Sekisui House Australia and Impact Investment Group have secured the University of Technology Sydney (UTS) as a new commercial tenant at Central Park, Sydney.

UTS will occupy the commercial space in One Hundred Broadway, on the corner of Abercrombie Street and Broadway in the $2 billion Central Park masterplanned community in Chippendale.

UTS’s Graduate School of Health (GSH) intends to relocate to One Hundred Broadway, from where it will provide postgraduate courses in the disciplines of pharmacy, clinical psychology, orthoptics and physiotherapy, along with new programs such as genetic counselling, Indigenous health and speech pathology, as they are developed.

The School also plans to operate a multidisciplinary primary health care clinic at Central Park that supports its teaching and research in these disciplines but which will also be of benefit to the community.

UTS will lease the entire commercial space of approximately 5,500sqm over a 15-year term with two ten-year options. The commercial space, known as One Hundred Broadway, spans six levels.

Central Park’s Project Director, Mick Caddey, said the UTS Graduate School of Health was an excellent tenant for the commercial space at One Hundred Broadway, contributing greatly to the diverse community that makes up Central Park. “We worked extensively with UTS to ensure the use of the space dovetails into the overall ethic of Central Park and our focus on the broad agenda of community sustainability and wellbeing,” he said.

“As UTS sought to meet the needs of its fast-growing Graduate School of Health, it made sense for it to look to Central Park, being so close to the university’s city campus,” Mr Caddey said.

The Graduate School of Health has about 500 senior, postgraduate students. Up to 300 students will attend the Central Park premises during semester in addition to 80 full-time researchers and clinical staff, along with patients and clinical research participants.

UTS Deputy Vice-Chancellor (Resources), Patrick Woods, said a number of compelling factors confirmed the decision to lease the entire space available at One Hundred Broadway.

“Not only is this beautifully designed building ideally located in relation to our growing city campus, it also gives us flexibility to custom design the interiors to meet the particular needs of the Graduate School of Health,” Mr Woods said.

“Subject to planning approval, the GSH fit-out will feature the latest in design and technology to support its teaching and research. This will include elements such as practice-based learning pod classrooms, clinical simulation rooms that mimic the clinical environment, and collaborative meeting rooms and work spaces.”

The head of the Graduate School of Health, Professor Charlie Benrimoj, said the multidisciplinary primary health care clinic would be focused and specialised. “It will be a clinic for specific, targeted patient groups,” he said. “While supporting our work, it will also be of benefit to Central Park tenants, the UTS community and the wider local community.”

Postgraduate students, researchers and staff in turn will benefit from proximity to the amenities at Central Park, including the five-level Central Park Mall, which features over 50 specialty retailers, a
Palace Cinema (opened late 2017) and Woolworths, two childcare centres, the Kensington Street dining and lifestyle precinct, and the precinct’s public park, Chippendale Green.

Currently under construction, the DUO development, which includes One Hundred Broadway, is due for completion in late 2018. The Graduate School of Health expects to begin operating there in mid-2019.

The transaction was secured through Brendan Shipp and Chris Fisher from CBRE.

For further information on Central Park, call 1300 857 057 or visit www.centralparksydney.com

Frasers Property Australia
Media release
Frasers Property Australia