Telstra to transform Sydney HQ

Media Release, 06 September 2013

Telstra will embark on a multi-million dollar refurbishment of its Sydney headquarters with a view to transforming the site into a state-of-the-art customer technology hub in the heart of the central business district.

Telstra Group Managing Director Innovation Products & Marketing, Ms Kate McKenzie, said Telstra plans to transform the 400 George Street building – which sits on the corner of George and King Streets - as part of a project that would create a vibrant technology precinct where customers could explore a future that is digital, mobile and connected.

“We have a complete transformation in mind; we want the Telstra building to be a place where customers can go to experience all of the exciting new communication products and services that are shaping our lives now and into the future,” Ms McKenzie said.

The refurbishment is part of a long-term lease Telstra has signed with the Investa Property Group until 2025. The plans include refurbishment and expansion of Telstra’s corner retail store into the heritage-listed retail space formerly occupied by Darrell Lea and subject to approvals, will include a more prominent street presence on this iconic corner site.

Small business, corporate and enterprise customers will also benefit with the major upgrade of the Telstra Experience Centre where they can learn how technology can help them drive better productivity and improve the way they work.

Construction will begin in early 2014 and be complete in mid-2015. It will include the refurbishment of the 17 Telstra office floors. It is expected that more than 400 jobs will be created during the construction period.

NSW Deputy Premier and Minister for Trade and Investment Andrew Stoner said the announcement was a strong vote of confidence by Telstra in the Sydney and NSW economy.

“The development of Telstra’s state-of-the-art customer technology hub in Sydney will not only help grow our economy, but it also boosts our State’s reputation as an exciting and leading technology and information hub in the Asia-Pacific,” he said.