Tech Central tipped to become Australia’s Silicon Valley

Image by Gerd Altmann from Pixabay

The NSW Government has made available 250,000 square metres of office space in Tech Central precinct to facilitate the development of what will be the biggest technology hub of its kind in Australia.

The precinct, which stretches several kilometres from Central Station to Camperdown, including South Eveleigh, will be home to start-ups, scale-ups and innovation ecosystem partners – putting NSW at the forefront of tech development.

NSW Premier Gladys Berejiklian said local technology giant Atlassian will become an anchor tenant of the precinct, basing its Australian headquarters at the new site.

“Atlassian and the NSW Government have negotiated to develop and build the company’s new Australian headquarters at the Central site, above YHA Central Railway Square,” the Premier said in a statement.

“The building will help Atlassian expand its strong local research presence, housing over 4000 jobs focused on product development.”

Atlassian co-founder and co-CEO Scott Farquhar said technology can spark Australia’s post-COVID-19 recovery.

“That’s why we’re building this precinct. We want to create jobs, ideas and innovation. This will be home to thousands of workers and the best new ideas. If you want to work in tech – this is the place you will want to be,” Mr Farquhar said.

“Sydney has the potential to be one of the world’s leading technology cities and the creation of a tech precinct sends a loud signal that we’re in the race to take a slice of the world’s most valuable market. That’s an exciting place to be.”

Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said the long-term goal of Tech Central was ‘to create 25,000 innovation jobs and encourage 25,000 new students to focus on Science Technology Engineering and Maths (STEM) and life sciences studies’.

“Today’s commitments show that Tech Central is moving from vision to reality. This will establish Sydney as a major player on the global tech scene,” Mr Ayres continued.

“This will be the largest hub of its kind in Australia, a home for tech giants, new and innovative startups and leading talent all in one place, right here in NSW.”

The NSW Government said it would work to secure further agreements with other anchor tenants.

Image by Gerd Altmann from Pixabay