Norwest master developer Mulpha held a tree planting ceremony yesterday to mark the commencement of construction on its landmark timber commercial building The Bond in Norwest, which is due for completion in the third quarter of 2022.

It has already secured tenants for over 50 per cent of the building, attracting strong interest from a mix of owner occupiers and investors in the medical sector due to its innovative design and proximity to Norwest Private Hospital.

Genesis Oncology has taken 1050m2 of space to set up a world class cancer treatment centre in the Hills District, and Dr Antony Lighten has taken 735m2 of space for his IVF Clinic and reproductive surgery. Space has also been taken up by orthodontic, obstetrics and gynaecology practices, as well as a 110-space Kinda-Mindi childcare centre, which will prove attractive for employers looking to attract high quality staff.

The building has been designed using state-of-the-art cross-laminated timber technology for the 1600m2 floorplates, walls, and stairs, as well as traditional laminated timber columns and beams for the frame. It will be just the third commercial building in Sydney to be built this way, and a first for the Hills.

Mulpha Developments Executive General Manager, Tim Spencer said:

“We are thrilled to commence construction on this cutting-edge building which will set the standard for quality and innovation as Norwest transforms into a major residential, commercial, and retail hub in Sydney’s economic growth corridor along the Metro Norwest.

“The Bond’s location and focus on wellness and sustainability is appealing to high quality knowledge companies who want to attract and inspire the best staff and offer an appealing environment for clients.

“In addition to offering design flexibility and unique aesthetics, these new-age timber technologies have incredible strength and efficiency, and the potential to be carbon-neutral over their lifecycle, something increasingly attractive to blue-chip clients.”

The Bond will comprise a ground floor retail environment, a gym, six floors of commercial office building, a childcare facility, end-of-trip facilities (showers, changerooms and bicycle storage), basement car carparking, short-term visitor parking and service vehicle and loading facilities.

Located on the corners of Elizabeth Macarthur Drive and Norbrik Drive, The Bond is situated at the gateway of Norwest’s commercial precinct, adjacent to the heritage-listed Bella Vista Farm and connected by on-demand busses to the Metro stations at Norwest and Bella Vista.

The Bond plays a key role in Mulpha’s long-term commitment to the transformation of Norwest Business Park into a world-leading innovation, lifestyle and economic hub.

“Our vision for Norwest is to drive real cultural change in how people live and work, and to enable people to be more connected to their environment, not only technically but physically and emotionally,” Tim Spencer said.

Mulpha is an award-winning property developer with 25 years of experience across all property sectors from commercial, industrial, retail, and residential, including land, homes, townhouses, and apartments.