Technology Future Secured at ATP
12 November 2015
The NSW Government has announced the sale of the Australian Technology Park (ATP) to a Mirvac-led consortium.
Both financial and non-financial criteria were used to assess the tender, including a vision to expand the Park’s technology focus, a commitment to upgrade public areas and community facilities, and to maintain the heritage of the site.
Proceeds from the sale of ATP will be invested in the local area, helping finance major infrastructure investments in the Central to Eveleigh corridor. This proposal excludes residential development on ATP, ensuring the site’s technology employment focus.
Further information about the Government’s decision is available here.
The condition of sale includes public positive covenants and easements aimed to protect heritage value, to continue public access through the site as it currently exists and to allow for future potential connections across the rail corridor to ATP. Drafts are available from our document library.
Information sessions were held at Australian Technology Park on Tuesday 17 November and Thursday 19 November. Thank you to everyone who attended. If you were unable to attend and would like to ask any questions please call us on 1800 756 953 or email email@example.com.
Learn more about ATP at www.atp.com.au.