Southern Cross Electrical Engineering’s (SXE) subsidiary Heyday has been awarded a $35 million contract.
The electrical services design and construct contract is for global software giant Atlassian’s Australian HQ building development in Sydney.
The project is located at 8-10 Lee Street, Sydney and anchors the New South Wales Government’s Tech Central precinct.
The building is set to be 39 storeys high which reportedly makes it the world’s tallest hybrid-timber building. The 75,000-square metre development will include new YHA Railway Square accommodation within the lower levels.
In an effort to meet sustainability targets, the development will include a 50 per cent reduction in carbon compared to a conventionally constructed building and a 50 per cent reduction in operational energy. Moreover, the building will only rely on renewable energy for power.
To achieve this, the building will have an innovative glass and steel framework that will incorporate an electricity generating façade system with self-shade capabilities to reduce heat gain inside the building.
Southern Cross Managing Director Graeme Dunn said he’s pleased Heyday has been granted a contract for this innovative building design.
“Heyday has been associated with many iconic developments in the centre of Sydney over the years and we are now extremely pleased to have been selected to participate in this world-class project,” he stated.
Heyday expects to start work immediately and completion is anticipated towards the end of 2026.
Company shares ended the day 0.68 per cent in the red to close at 73 cents.
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