{"id":815838,"date":"2026-07-22T04:57:15","date_gmt":"2026-07-22T04:57:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/815838\/"},"modified":"2026-07-22T04:57:15","modified_gmt":"2026-07-22T04:57:15","slug":"atlassian-marks-39-storey-milestone-in-1-4-billion-hybrid-timber-tower-build-in-sydney","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/815838\/","title":{"rendered":"Atlassian marks 39-storey milestone in $1.4 billion hybrid timber tower build in Sydney"},"content":{"rendered":"

The CEO of tech giant Atlassian says AI-related job cuts have not impacted its need for a new office tower at a ceremony celebrating the hybrid timber skyscraper reaching its full height.<\/p>\n

The company on Wednesday held a “topping out” ceremony on the Atlassian Central building’s rooftop in Sydney’s CBD, a tradition in the construction world to mark the milestone.<\/p>\n

Construction of the 39-storey tower began at the site beside Central Station in 2022 and was estimated to cost of $1.4 billion.<\/p>\n

\"An<\/p>\n

Atlassian Central has a hybrid timber design. (Supplied: Dexus)<\/p>\n

\"The<\/p>\n

A new Atlassian headquarters is being built next to Sydney’s Central Station. (ABC News: Adam Griffiths)<\/p>\n

The hybrid timber design used in construction also reduced the use of carbon-intensive concrete and steel.<\/p>\n

When completed in 2027, the building will be the world’s tallest hybrid timber structure, standing at 180 metres tall.<\/p>\n

It comes after the software company cut nearly 500 jobs from its Australian workforce in March<\/a> to invest in artificial intelligence and enterprise sales.<\/p>\n

\"A<\/p>\n

Mike Cannon-Brookes said it would be “the most technologically advanced building in Australia”. (ABC News: Adam Griffiths)<\/p>\n

Co-CEO Mike Cannon-Brookes said that move had not reduced the requirement for floor space.<\/p>\n

“I don’t think [AI] stops the need for people coming together to work,” Mr Cannon-Brookes said.<\/p>\n

“We’re going to have even more, I suspect, collaboration spaces, meeting spaces.<\/p>\n

“So I think from that point of view, AI is going to not change our need to collaborate as humans.”<\/p>\n

Building ‘put us all on the world stage’\"Illustration<\/p>\n

NSW Treasurer Daniel Mookhey said it was an “engineering marvel”. (Supplied: Dexus)<\/p>\n

Mr Cannon-Brookes said during the ceremony it would be the most innovative building in Australia.<\/p>\n

“By the time it opens, we’ll have advanced structural engineering, environmental design, intelligent controls, and a modern data platform, all wired together and working the building with one smart, intelligent system,” Mr Cannon-Brookes said.<\/p>\n

“The result will be the most technologically advanced building in Australia and put us all on the world stage.”<\/p>\n

\"Illustration<\/p>\n

Atlassian Central will have a six Star Green Star target. (Supplied: Dexus)<\/p>\n

The building is co-owned by the tech company and commercial real estate firm Dexus, with Atlassian set to occupy about half of the site.<\/p>\n

The lower five floors of building will house a 500-bed “co-living” hostel operated by YHA Australia.<\/p>\n

It is part of a broader push by the state government and the City of Sydney to set up a ‘Tech Central’ precinct in the Haymarket-Redfern area.<\/p>\n

“All of Sydney is bearing witness to the rise and rise of an engineering marvel,” NSW Treasurer Daniel Mookhey said.<\/p>\n

“Only in a city like Sydney is it possible where you can combine world-leading expertise, an immigrant population, and an ambitious university sector coming together with local government to build a precinct that can give birth to companies like Atlassian.”<\/p>\n","protected":false},"excerpt":{"rendered":"The CEO of tech giant Atlassian says AI-related job cuts have not impacted its need for a new…\n","protected":false},"author":2,"featured_media":815839,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[29514,391100,64,63,99,231386,274581,50391,29512,2733,282293,391099],"class_list":["post-815838","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-atlassian","tag-atlassian-building","tag-au","tag-australia","tag-business","tag-central-station","tag-clover-moore","tag-daniel-mookhey","tag-mike-cannon-brookes","tag-nsw","tag-nsw-treasurer","tag-sydney-lord-mayor"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/815838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=815838"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/815838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/815839"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=815838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=815838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=815838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}