Herbert Smith Freehills advised Transport For Nsw On Its Partnership With Capella Capital-Led Consortium
Partners, a consortium comprised of Capella Capital, Lendlease Construction Pty Limited, and BESIX Watpac (NSW) Pty Ltd
Herbert Smith Freehills advised Transport For NSW On Its Partnership With Capella Capital-Led Consortium
Partners, a consortium comprised of Capella Capital, Lendlease Construction Pty Limited, and BESIX Watpac (NSW) Pty Ltd, will carry out planning and design activities during the next phase of Circular Quay's revitalization.
Circular Quay, or Warrane (the Aboriginal name for Sydney Cove), is the figurative entrance to Sydney's world-famous harbour and city, a major transportation interchange. It is a place of profound cultural and historical importance for all Australians.
Herbert Smith Freehills is advising Transport on all parts of the project. This involved advising on the "early consortia involvement" (ECI) procedure in the past, which led to the selection of CQC Partners.
The development's versatility necessitates expertise from all across Herbert Smith Freehills in areas such as strategic procurement, market engagement, construction, real estate, financing, environment, planning, and heritage issues.
The Herbert Smith Freehills group is headed by partners Nicholas Carney and Peter Briggs, along with senior associate Joseph Varghese. They are assisted by a team of subject matter experts from across the firm. It includes real estate partner - Julie Couch; finance partner - Erin Wakelin; special counsel - Amalia Stone; executive counsel - Amelia Fleming; senior associates Tessa Spence and Japonica Sheridan, and solicitors Cecilia Ngu, Brigitte Rheinberger, and Alice Dales.
Nicholas Carney said, "We are delighted to have advised Transport on the achievement of this key milestone for the Circular Quay Renewal. The complexity of renewing an iconic, culturally-rich, transport interchange such as Circular Quay requires a bespoke and collaborative approach to contracting, and we have enjoyed working with Transport to develop a contracting model appropriate for this purpose."
Peter Briggs said "Herbert Smith Freehills would like to congratulate Transport for NSW and the CQC Partners consortium on achieving this milestone on this most important city-shaping project. As the gateway to our city, the design and planning partnership will be critical to its success."