Holdmark Property Group Delivers $125 Million TURNER-Designed Landmark in Parramatta

TURNER Group Holdmark Property Group 85 Macquarie Street
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Parramatta, Sydney’s burgeoning second city centre, has welcomed a significant new commercial development designed by TURNER and delivered by Holdmark Property Group: a 13-storey building known as 85 Macquarie Street, heralding a major visual landmark in the rapidly evolving CBD.

The $125 million boutique development, officially inaugurated on May 23, stands prominently in Parramatta’s vibrant civic heart, directly overlooking Centenary Square. It features four ground-level retail outlets and 11 office levels above, with the topmost level housing plant rooms.

Claire Mallin, TURNER’s Associate Director, emphasized that 85 Macquarie Street represents a substantial contribution to Parramatta’s swift transformation into Sydney’s new secondary CBD. The design of this landmark serves as a critical visual transition, balancing the contrast between Parramatta’s heritage buildings and its future commercial skyline.

“The building’s contribution to the precinct and its urban response will undeniably become an important visual marker for Centenary Square – and what Centenary Square will potentially be known for in the future,” Mallin said.
“It brings a positive relief to the skyline in mediating the heritage response with commercial uplift in the area,”

TURNER’s competition-winning design was influenced by the heritage forms surrounding the site, including the existing church, the town hall, and Murray’s Building. The building’s dynamic façade draws inspiration from the architectural datums of these adjacent heritage structures, integrating Indigenous concepts into the landscape, public domain artworks, signage, and wayfinding elements.

85 Macquarie Street by Holdmark property Group, designed by TURNER Studio (Images: TURNER)
^85 Macquarie Street blending into the Paramatta Heritage (Images: Brett Boardman)

The use of terracotta and sandstone cladding not only interprets the area’s heritage but also supports the building’s sustainability goals, aiming for 5-star Green Star and 5-Star NABERS ratings. This commitment to sustainability is matched by the building’s modern amenities, which include on-site cafés and restaurants, a concierge service in the lobby, and seamless connectivity to public transport, with the Metro and light rail just steps away.

“Bringing people back to the workplace is challenging,” Mallin said. “The priority in terms of attracting tenants is ‘employee wellness’ and enabling access to natural light and air across the floorplate.”

“These tiered, biophilic outdoor spaces – unseen in traditional commercial spaces – have been prioritised and serve as a major drawcard to entice workers back to the office,” Mallin said.

The building form responds to the solar plane with a series of terraced balconies to the top-level office floors.

A striking four-storey colonnade on the ground plane features a 30-meter long mural and symbolic sandstone wall engravings by Indigenous artist and philosopher Shane Smithers, in collaboration with artist Sakina Reijners. The public art installation, titled ‘Same, Same, Different,’ references Dharug creation stories and invites viewers to explore and compare similar concepts in the world around them.

“This is without a doubt one of the most successful parts of the building,” Mallin said.

“The engravings will serve as a strong conversation point on the building using symbols from different religions and comparing them to the Indigenous belief system to say:  ‘let’s acknowledge the past and celebrate Parramatta’s multicultural roots and move together as one’.”

Parramatta’s development into a central business district continues to attract significant investment and innovative designs. With projects like 85 Macquarie Street, the area is not only preserving its rich heritage but also paving the way for a vibrant commercial future, cementing its status as Sydney’s dynamic secondary CBD.

Note: The information presented in this article is for general informational purposes only and should not be relied upon as legal, financial, or professional advice. While we make every effort to fact-check and verify the information presented, we cannot guarantee its accuracy or completeness. Readers are encouraged to independently verify any information they find on our website and to consult with relevant professionals before making any decisions based on the information presented. The Australian Development Review does not own the rights to the information included within this article, and furthermore, there is no infringement intended from the included text and images within.


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