Sydney will be home to the biggest technology hub of its kind in Australia with Tech Central to become a world-class innovation and technology precinct.
\nThe NSW Government has committed to facilitating 250,000 square metres of office space in the precinct which stretches several kilometres from Central Station to Camperdown, including South Eveleigh.
\nTech Central will be home to start-ups, scale-ups and innovation ecosystem partners \u2013 putting NSW at the forefront of tech development.
\nLocal technology giant Atlassian has committed to become an anchor tenant of the precinct, basing its Australian headquarters at the new site.
\nNSW 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.
\n\u201cTechnology and innovation are key planks of the government\u2019s strategy to attract investment and create the jobs of the future for the people of NSW,\u201d Ms Berejiklian said.
\n\u201cWe 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.\u201d
\nAtlassian and the NSW Government have negotiated to develop and build the company\u2019s new Australian headquarters at the Central site, above YHA Central Railways Square.
\nThe building will help Atlassian expand its strong local research presence, housing over 4,000 jobs focused on product development.
\nAtlassian co-founder and co-CEO Scott Farquhar said technology can turbo-charge Australia\u2019s recovery.
\n\u201cThat\u2019s why we\u2019re 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,\u201d Mr Farquhar said.
\n\u201cSydney has the potential to be one of the world\u2019s leading technology cities and the creation of a tech precinct sends a loud signal that we\u2019re in the race to take a slice of the world\u2019s most valuable market. That\u2019s an exciting place to be.\u201d
\nMinister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said the long-term goal of Tech Central was to create 25,000 innovation jobs and encourage 25,000 new students to focus on Science Technology Engineering and Maths (STEM) and life sciences studies.
\nThe NSW Government today announced $48.2 million in funding to bring Tech Central
\nto life.
\nTech Central will in time provide 50,000 square metres of affordable space for startup and scale-up businesses and is predicted to bring up to 25,000 new jobs to NSW, further strengthening the state\u2019s economic recovery from COVID-19.
\n\u201cToday\u2019s commitments show that Tech Central is moving from vision to reality. This will establish Sydney as a major player on the global tech scene,\u201d Mr Ayres said.
\n\u201cThis will be the largest hub of its kind in Australia, a home for tech giants, new and innovative startups and leading talent all in one place, right here in NSW.\u201d
\nFollowing today\u2019s announcement, the NSW Government will work to secure further agreements with other anchor tenants.
\nThe precinct will expand Sydney CBD\u2019s commercial core to the south and ensure that Central station remains and is enhanced as a key NSW transport hub.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sydney will be home to the biggest technology hub of its kind in Australia with Tech Central to become a world-class innovation and technology precinct. The NSW Government has committed to facilitating 250,000 square metres of office space in the precinct which stretches several kilometres from Central Station to Camperdown, including South Eveleigh. Tech Central … Continue reading “TECH CENTRAL TO BECOME AUSTRALIA\u2019S SILICON VALLEY”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7077","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/7077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=7077"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/7077\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=7077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=7077"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=7077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}