Through the delivery of the decade-long UTS City Campus Master Plan, the University is making a $1b+ investment to fundamentally change the way they deliver teaching, learning and research within a vibrant and engaging education precinct.
In considering growth past 2030, a stageable and sustainable approach to delivering property assets needed to be formed, one that is in keeping with its Strategic Plan.
With aspects of its existing freehold and leasehold landholdings under-utilised and ripe for reimagining, a strategic direction to the short-, medium- and long-term ‘property plays’ were investigated, along with a multitude of realisation approaches, including freehold purchases, lease acquisitions and development partnerships.
The ultimate focus was to deliver more than 150,000sqm of floor area across workplace, teaching and learning, research, aligned industries and residential accommodation, through both new landholdings and redefining existing assets across the University’s Ultimo and Haymarket precincts.