The build on Atlassian's new Sydney HQ gets underway

Construction 0f Atlassian’s new 39-storey headquarters at Sydney’s Tech Central precinct got underway last week, with the build expected to take five years to complete.

The 180-metre hybrid timber skyscraper next to Central railway station will be the world’s tallest commercial hybrid timber building in the world and is expected to cost $546 million and be completed in 2026.

The timber core will be wrapped in a glass and steel facade and include a mix of outdoor and indoor spaces, with a rooftop garden and operate on 100% renewable energy.

The Atlassian building at Tech Central

The Atlassian Central tower sits above the station’s former Parcels Shed, a YHA hostel, which will return with 480 beds in the lower floors.

The development will provide 20% of the NSW government’s innovation jobs target of 25,000 additional roles, as well as 20% of the 250,000 square metres of space for tech companies across the Tech Central precinct. Around 4000 Atlassian staff will use the tower.

Atlassian is planning to hire 17,000 new staff globally over the next four years

NSW enterprise, investment and trade minister Alister Henskens said the government was excited to kick off construction in partnership with developer Dexus and Atlassian, creating 800 construction jobs.

“We are incredibly proud to see Atlassian’s Australian HQ come to life at Tech Central, progressing our goal of delivering the world’s most sustainable, inclusive and creative innovation precinct,” he said.

“This iconic building will play a vital role in supporting NSW talent attraction and retention efforts and become a beacon for the technology industry.”

Atlassian co-CEO Scott Farquhar said the new office to play a unique role as the company reimagines traditional office spaces and how work gets done.

“Atlassian is built on bright ideas, strong values, and great teamwork, and we can’t wait to see this come to life in Atlassian Central,” he said.

Dexus struck an agreement with Atlassian to fund, develop and invest in Atlassian Central.

Dexus CEO Darren Steinberg said: “This is a unique opportunity for Dexus and Atlassian to create a global leading workplace that challenges the status quo, with new benchmarks in sustainability and smart buildings.