Huge Start-Up Precinct Plan Headed For Sydney’s Barangaroo
Plans are said to be well under way to build Australia’s biggest facility for housing start-ups at the Harbour City’s classy Barangaroo waterfront precinct, a few metres west of the Harbour Bridge
To be known as The Lighthouse, it will have more space than the current champion, the 6500 square-metre ATP Innovations precinct at Sydney’s Redfern district, according to an Australian Financial Review report.
Innovation consultancy Vivant, headed by CEO Anthony Farah, is said to be driving the concept. Lighthouse’s CEO will be Annie Parker, a pioneer of Code Club Australia and Telstra’s Muru-D accelerator program.
It’s said that tenants at the precinct will be “carefully selected”, with founders who are “willing to learn and give back to the Lighthouse community” preferred.
While waterfront Sydney office space usually comes at a premium few start-ups would care to pay, Vivant chief executive Anthony Farah has hinted that a program of seeking to attract companies like Amazon Web Services or Microsoft as sponsors might reduce the outgoings.