Tech titans Atlassian will head up Sydney’s bid to become Australia’s answer to Silicon Valley, as Premier Gladys Berejiklian today announced an additional $48.2 million would be put towards switching on Sydney’s Tech Central precinct.
The new tech centre will become the hub of Australia’s technological advances, with 250,000 sqm of office space stretching from Central Station to Camperdown.
Local technology giants Atlassian will centre their headquarters in the precinct with a 40-storey hybrid timber building becoming the largest of its kind in the world.
Atlassian co-founder and co-CEO Scott Farquhar believes technology can turbo-charge Australia’s recovery post-COVID-19.
“That’s why we’re building this precinct. We want to create jobs, ideas and innovation. This will be home to thousands of workers and the best new ideas. If you want to work in tech – this is the place you will want to be,” Mr Farquhar said.
Sydney has the potential to be one of the world’s leading technology cities and the creation of a tech precinct sends a loud signal that we’re in the race to take a slice of the world’s most valuable market. That’s an exciting place to be.Scott Farquhar, Atlassian co-founder and co-CEO
Tech Central is set to become the home of tech start-ups, scale-ups and innovation ecosystem partners – aiming to put NSW at the forefront of tech development.
NSW Premier Gladys Berejiklian said Tech Central will rival Silicon Valley as the place to be, establishing NSW as a global leader in innovation and technology.
“Technology and innovation are key planks of the government’s strategy to attract investment and create the jobs of the future for the people of NSW,” Ms Berejiklian said.
“We have some brilliant tech innovators and entrepreneurs in our state and Tech Central will help us retain local talent and attract some of the brightest minds in the world. This will be more important than ever as we recover from the pandemic.”
Atlassian’s new Australian headquarters Central site will be built above YHA Central Railway Square and will be home to 4000 tech jobs focused on product development once construction is complete in 2025.