Australia’s largest tech company Atlassian will anchor a 35-storey skyscraper above a new Silicon Valley-esque technology hub next to Sydney’s Central Station.

More than a year after premier Gladys Berejiklian first flagged plans to transform the southern end of the CBD into a tech and innovation hub, the NSW government has released the first images of its vision for the 24-hectare Central Precinct.

The proposal sets out the urban renewal of the precinct into a transport-centered commercial district, improving public connections to bordering suburbs Chippendale, Surry Hills, Ultimo and Redfern and providing green walkways to Belmore and Prince Alfred parks.

The southern central Sydney location “provides a natural extension to the city’s development”, the draft strategy reads, connecting the city at its boundaries and creating a centre for the “jobs of the future”.

“The opportunity is comparable [to] large urban renewal programs including Kings Cross, Euston and Olympic Park in London and Hudson Yards in New York.”

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