
The Barangaroo Stage 1 project is a landmark urban regeneration proposal submitted by a powerful consortium comprising DEXUS Funds Management Limited, Cbus Property, and Laing O’Rourke. This expression of interest aims to transform a significant portion of Sydney’s waterfront into a world-class, highly sustainable mixed-use precinct that integrates commercial, residential, retail, and tourist functions. The vision for Stage 1 centers on achieving the highest standards of design excellence and public amenity, featuring iconic architectural solutions that celebrate Sydney’s unique harbor setting. Key strategies include the phased delivery of high-rise premium office towers, such as those in “Block 2,” to establish an immediate commercial identity while simultaneously developing a vibrant public domain and waterfront parkland. Emphasizing environmental stewardship, the proposal incorporates cutting-edge sustainability initiatives, including blackwater recycling, cogeneration plants, and chilled beam cooling systems, aiming for world-best practice ratings. Ultimately, the DEXUS consortium seeks to create a “front door” for the city—a sustainable civic heart that fosters community engagement, economic growth, and a long-term legacy for the people of Sydney.