New GPT Parramatta Office Tower

GPT has celebrated the start of construction of its Parramatta’s 32 Smith Office Tower – a 26,400 square metre tower which will house QBE Insurance as its major tenant.

Due for completion in late 2020, the office tower is expected to have an end value of more than $300 million and will be GPT’s second premium office building in the Parramatta CBD.

GPT’s Matthew Faddy said “32 Smith would be part of the significant transformation of Parramatta that is already underway and will be one of the city’s iconic landmarks in terms of design, amenity and quality workspace.”

The building has been designed by internationally architecture firm Fender Katsalidis which will see a sculptural, translucent tower rise from a set-back podium that opens up the corner site to pedestrian use.

City of Parramatta Lord Mayor Cr Andrew Wilson said at the ceremony “Parramatta is undergoing a once-in-a-lifetime transformation. With a forecast growth of more than 72,000 dwellings and 113,000 additional jobs by 2036 we are at a very special juncture in the City’s history.”

Read more about the new tower here.