Lendlease’s 58-story Salesforce Tower has topped out. The Foster and Partners-designed Sydney Place project at 180 George Street, Circular Quay has taken four years to reach the milestone. The AU$1.9 billion (US$1.3 billion) 263-meter tower is Sydney’s first steel-framed high-rise in 25 years.

Lendlease China’s Ping An Real Estate and Japan’s Mitsubishi Estate Asia are developing the tower in a joint venture. Lendlease managing director of development Tom Mackellar said anchor tenants had already committed to leases.

“The caliber of tenants, including anchor tenant Salesforce, signals strength in Sydney’s commercial market as demand for city-defining and sustainable workplaces increases post-pandemic,” Mackellar said. Salesforce will occupy levels 34 to 53 while JLL will relocate its Sydney headquarters to levels 25 to 27. 

For more on this story, go to The Urban Developer.