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NSW government, Macquarie Group agree to revamp of Martin Place Station

Following an unsolicited proposal from Macquarie to design and deliver a new station development at Martin Place, the NSW government has agreed to the development of an integrated metro station.

user iconJerome Doraisamy 19 September 2018 Big Law
Train station, NSW government, Macquarie group
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Firm: Ashurst (NSW government); Herbert Smith Freehills (Macquarie Group); unknown (Lendlease).

Deal: Macquarie, together with its design and construction contractor Lendlease, will deliver a new underground Martin Place metro station integrated with a retail and recreational precinct, two new office towers and the existing Martin Place railway station.

Area: Projects

Value: Undisclosed

Key players: The Ashurst team was led by partners Angus Foley, Olivia Lau and Krista Payne, who were assisted by senior associate Laura Hillhouse and lawyers Marya Atmeh, Joshua Lee, Caitlin Read and Rhiannon Evans.

Deal significance: Speaking about the deal, Ms Lau said, “The firm is delighted to have advised on this critical component of Sydney’s transport future. It involved significant legal complexity and we are pleased to have assisted in the agreement with Macquarie as an important part of the larger Sydney Metro project.”

Mr Foley added, “It is a transformational integrated station development, which will greatly enhance the public transport landscape of Sydney.”

Ms Payne noted, “The signing of this contract is a landmark moment for the Sydney Metro City & Southwest project. The design for the integrated station development is an excellent result for the community.”

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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