On 31 August, NAB began welcoming employees to its new offices in the Centre of Global Sydney, at 3 Parramatta Square. RIVERS of gold are set to flow into Parramatta City Council coffers following National Australia Bank’s agreement to take over the entire new 40,000 square metre 3 Parramatta Square building in a move that sees thousands of bank employees moving in by 2020. The Urban Developer is Australia’s largest, most engaged and fastest growing community of property and urban development professionals. Our Built Obayashi Joint Venture will deliver the project along with the adjacent 4 Parramatta Square. The Urban Developer is proud to partner with the City of Parramatta to deliver this article to you. Council on Tall Buildings and Urban Habitat, 5 Star Green Star; 5.0 Star NABERS Energy Rating. Designed to accommodate the dreams of a growing city, Parramatta Square will feature four major towers. The National Australia Bank has secured two leases for just over 70,000 square metres of new office space at Walker Corporation's Parramatta Square Tower 3 … Parramatta Square will be- NAB's new home. “Smart building features will make it easier and faster for colleagues to navigate throughout their day—built for people, enabled by technology. NAB already has more than 300,000 customers living in Western Sydney, and that figure is growing rapidly. The finance and insurance services sector generated $9.09 billion in the 2017/18 financial year—making it the largest industry in the City of Parramatta by output. NAB personal banking financial solutions include internet banking, accounts, insurance, credit cards, home loans and personal loans Davine added that the spaces and settings at 3 Parramatta Square have been designed to support NAB’s community-oriented focus. The Urban Developer is Australia’s largest, most engaged and fastest growing community of property developers and urban development professionals. Competition closes 31 December 2020. “Western Sydney is currently home to more than 2 million people —that’s roughly one in every 11 Australians—and projected to grow to 3 million by 2031,” Davine said. Parramatta Square will also become home to 3,000 National Australia Bank employees to be relocated from the Sydney CBD by 2020. Sydney NSW (with Sydney NSW (with Square and Wynyard. NAB’s Head of Group Property, Kevin Davine, said due to COVID-19 only business critical employees would be working from the new office space initially. Stay up to date and subscribe to the latest news, projects, deals and features. Spanning a three-hectare site, the $3.2 billion Parramatta Square precinct will deliver six buildings, as well as a refurbished Town Hall. Shading Systems. Go in the draw to win a $1,000 gift card to spend at Sydney’s exciting new dining destination! In Mozilla Firefox, click File - Page Setup then check the Print Background (colors & images) box. “As Covid-19 restrictions ease and more people return to their workplaces, I look forward to welcoming the rest of NAB’s workers to Parramatta and seeing them become part of our thriving and vibrant city.”. Parramatta Square Office Space Paying Dividends for NAB. Discover the delicious joy of Betty’s Burgers or sign up to a better you at Universal Fitness today. In 2016, professional services network PwC projected the sector would generate 3,600 new jobs and an additional $2.2 billion of output by 2021—with this jobs target already met as a result of NAB’s move. NAB ARRIVES IN PARRAMATTA On 31 August, NAB began welcoming employees to their new offices in the Centre of Global Sydney, at 3 Parramatta Square. It has also been the fastest growing industry (in absolute terms) in the city during the past decade, increasing by $3.6 billion since 2007/08. NAB, one - East West Logistics leases will … “Our retail branch at Parramatta Square will open in late September—it’s so important for us to be close to our customers in Western Sydney,” Davine said. In doing so, we can continue to publish our free daily news, information, insights and opinion to you, our valued readers. “Parramatta is an economic leader with a thriving commercial centre. “While we continue to live in communities impacted by COVID-19, we will need to find the right balance between working from 3 Parramatta Square and at home. The 17-level, 3 Parramatta Square building will set a new benchmark for commercial offices in Parramatta and deliver over 45,000sqm of commercial space. NAB will be the sole occupant of this 17-storey glass tower with 412 square metres of prime retail space on its ground floor. NAB will be the anchor tenant in new offices in Parramatta Square from 2020, accommodating a significant number of NAB bankers and further accelerating NAB’s investment in … To submit more information or donate images for this project, please use our submission portal. “Parramatta is part of an incredible growth region and being at the centre of activity ensures we’re always listening and learning from our customers.”. But hurry! Towers 6 and 8 are now 75 percent pre-leased. “The wellbeing of our employees remains our top priority and we will maintain the highest standards of health and safety in the office, our branches and business centres,” Davine said. 3 Parramatta Square marks the second stage of the new $2bn Parramatta Square development, one of the largest urban renewal projects in the country. In doing so, we believe we will empower our community to make better decisions that will result in better outcomes for the built environment. Located across a prime three-hectare city block, the $2.7 billion project will comprise six new buildings and a refurbished Town Hall. “Parramatta is an economic leader with a thriving commercial centre. NAB Flexible Events Space in Parramatta Square was supplied and installed with suspended sheer drapery and drapery tracking systems to create zonal spaces and breakout areas. NAB Parramatta Square. “I have no doubt they will love working in our great City and discovering everything it has to offer,” Dwyer said. Project Details. Walker Corporation’s other buildings at Parramatta Square, towers 3 and 4, are now well into construction and expected to accommodate 10,000 jobs for anchor tenants including National Australia Bank and Property NSW. Services Supplied. “It’s clear to see why the Centre of Global Sydney is such an attractive location for leading financial service institutions,” Davine said. Please enable printing background colors and images to preserve the full website experience when printing. “We have every confidence our people will love the new workspace and will enjoy being part of one of Australia’s most diverse and thriving areas when the Covid-19 restrictions ease.”. Drapery. Simply subscribe to receive the latest news, special offers, events and more from Parramatta Square direct to your inbox. Connect your business with business and reach out to our partnerships team today. “It is also home to more than 240,000 local businesses, so it absolutely makes sense for NAB to have a strong presence here.”. Councillor Dwyer said the completion of 3 Parramatta Square along with the growing presence of business leaders, such as NAB, in Parramatta’s CBD marks the beginning of a new chapter for the city. 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