Chatswood Transport Interchange
Project Name:
Chatswood Transport Interchange
Client Agency:
Transport Construction Authority NSW (TCA, former Transport Infrastructure Development Corporation - TIDC), Rail Corporation NSW (RailCorp)
Project Description:
The project involves:
- a major reconfiguration on Chatswood Station with new platforms, concourses, lifts and escalators to accommodate the new rail connection to Epping;
- new bus interchange and taxi ranks;
- two new rail bridges and associated rail works;
- the structural works for the related retail and residential development;
- integration of retail areas into the unpaid concourse areas on a long term lease;
- operation and maintenance of the Chatswood Interchange precinct;
- options for further development of a large retail complex (circa 10,000m2) and three residential towers accommodating about 500 apartments with underground car parking.
Private Sector Partners:
CRI Chatswood Pty Limited - Project Manager and Developer, Barclay Mowlem Construction Limited (now Laing O'Rourke) - Design and Construction Contractor, Commonwealth Bank of Australia - Financial Advisor and Arranger, and Babcock and Brown Real Estate - Mezzanine Financier.
Project Details:
Contract value: $157 million (Estimated Capital Cost at the time of the contract award) inlcuding the government contribution of $64 million
Contract term: 22-Sep-2005 to 22-Sep-2055 plus three options for renewal, one for 15 years and two for 5 years each, totalling 75 years
Operation began:
Stage 1 - Infrastructure / railway station and retail development was completed in Dec-2008.
Stage 2 - Residential Development completion was initially forecast by 2012, however this plan has not yet commenced.
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