The new headquarters for Zurich Financial Services Australia (Zurich) has exceeded expectations amidst the COVID-19 climate, topping out earlier than scheduled.

A  ceremony took place this week to mark the structural completion of level 29, the highest floor of the commercial building.

CEO of boutique construction company Roberts Pizzarotti, Alison Mirams, was joined by project stakeholders including representatives of the building’s end owner, CBRE Global Investors, anchor tenant, Zurich, Mayor of North Sydney Council, Jilly Gibson, and NSW Minister for Planning and Public Spaces, Rob Stokes for the occasion.

At a glance: 

• A 21,012-square-metre office development at 118 Mount Street, North Sydney has topped out ahead of schedule.
• The completed project will boast three street frontages and will feature 817-square-meter floor plates, a lobby café, rooftop terrace and high-quality end-of-trip facilities.
• The building is being developed by Zurich Insurance Group to house the headquarters of Zurich Financial Services Australia, which will occupy more than 64 per cent of the site.

Developed in conjunction with White & Partners and Generate Property Group, the FJMT-designed project will deliver approximately 20,600sqm of PCA A-Grade office space.

It was purchased under-construction by CBRE Global Investors in late 2019.

As the anchor tenant, Zurich will enjoy a new purpose-built headquarters that includes a two-level podium, café, a sky terrace, three basement car parking levels and end-of-trip facilities. 

The view from the building. Source: Roberts Pizzarotti

Ms Mirams said construction had withstood the challenges posed by COVID-19 to progress ahead of schedule.

“It is gratifying to know that we’ve played our part in keeping 350 people employed directly or indirectly during the difficult employment situation resulting from the pandemic and 1,300 since the project’s inception,” she said.

Managing Director (Australia and New Zealand) of CBRE Global Investors, Chris Johnston said the organisation was proud to be working closely with both Roberts Pizzarotti and Zurich in their delivery of the iconic new building.

“Zurich Tower will make an important contribution to the growth and revitalisation of North Sydney,” he said.

Source: Roberts Pizzarotti

“North Sydney is one of Australia’s fastest-growing CBDs and as our client’s first acquisition in Australia, it represented an outstanding opportunity to invest, with both major infrastructure investments nearby and high demand for A-Grade office space outside the Sydney CBD.

“We were particularly confident in the ability of project partners Roberts Pizzarotti and Zurich and this has only been reinforced by their significant achievement today, despite a global pandemic."

Click here to find out more about the project.

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