The Ribbon in Darling Harbour set to replace Sydney's Imax

The Ribbon in Darling Harbour set to replace Sydney's Imax
Jonathan ChancellorJuly 24, 2012

Construction giant Grocon, in partnership with Markham Corporation, have unveiled its $500 million Darling Harbour office tower and entertainment complex plans.

It's to be known as The Ribbon, replacing the Sydney IMAX complex set between two expressways. But a new Imax will be a key part of the as yet unapproved complex which has a mooted 38,000 square metres of net lettable office space and 7,000 square metres of retail and entertainment space.

The 18 floor tower proposal has been designed by the Adelaide architects, Hassell.

The project name seemingly comes from its unique form, although the Daily Telegraph suggested it was because it was gift to Sydney.

The Sydney Morning Herald have immediately attacked the proposal for being 50 metres taller than the incumbent building. The existing building is 37 metres.

The developers notified NSW Planning and Infrastructure of their intention to lodge plans for the state significant site.

Prospective office tenants names are already being thrown around, including Google.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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