Deal: Transport for NSW has been advised on its key partnership with the CQC Partners, a consortium comprising Capella Capital, Lendlease Construction Pty Limited, and BESIX Watpac (NSW), to undertake planning and design activities during the next phase of the revitalisation of Circular Quay.

The multifaceted nature of the development requires expertise from across HSF, including strategic procurement, market engagement, construction, real estate, financing, environment, planning and heritage issues.

Area: Infrastructure

Value: N/A

Key players: The Herbert Smith Freehills team was led by partners Nicholas Carney and Peter Briggs and senior associate Joseph Varghese, who were supported by real estate partner Julie Couch, finance partner Erin Wakelin, special counsel Amalia Stone, senior associates Tessa Spence and Japonica Sheridan and solicitors Cecilia Ngu, Brigitte Rheinberger and Alice Dales.

Deal significance: Speaking about the partnership, Mr Carney said: “We are delighted to have advised Transport on the achievement of this key milestone for the Circular Quay Renewal.

“The complexity of renewing an iconic, culturally rich transport interchange such as Circular Quay requires a bespoke and collaborative approach to contracting, and we have enjoyed working with Transport to develop a contracting model appropriate for this purpose.”

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Mr Briggs added: “Herbert Smith Freehills would like to congratulate Transport for NSW and the CQC Partners consortium on achieving this milestone on this most important city-shaping project. As the gateway to our city, the design and planning partnership will be critical to its success.”