33 Alfred Street – Allens Sydney Workplace Project

MBM Project Lead

David Madden

Client Name

Carmichael Tompkins Property Group (CTPG)

Sector

Timeline

2024 - Ongoing

Project Value

Confidential/ 10,800 sqm (9 levels)

MBM Project Team

  • David Madden – Director
  • Ivy Chen – Associate
  • Vincent Yong – Senior QS
  • Aakriti Ghimire – QS

Services Provided

MBM is currently providing early concept design cost plan for the full quantity services to be provided for the duration of the project.

  • Phase 01 Functional Briefing & Concept
  • Phase 02 Design Development & Tender
  • Phase 03 Construction
  • Phase 04 Post Construction

Project Background and Scope

Allens, a leading Australian and international law firm, has a distinguished history of over 200 years, shaping legislation and industry standards in the Asia region.

Allens has agreed on commercial terms to lease space at the reimagined 33 Alfred Street, with the aim of repositioning their Sydney operations and aligning both employee and client experiences with their business vision, within one of the city’s most iconic properties.

Allens is relocating from Deutsche Bank Place to occupy 10,800 sqm across the top nine floors (L18 – 26) of the landmark redevelopment at 33 Alfred Street, including exclusive access to a spacious rooftop terrace.

Project Challenges

  • The heritage building contained asbestos, presenting safety, compliance, and cost management risks.
  • There was a risk of significant cost blowouts associated with the construction of the feature internal stair.
  • The design scope had the potential to exceed the approved budget, requiring careful alignment of design intent with financial constraints.

MBM Solutions

  • Utilised MBM Metrics to establish a reliable initial budget and provide scenario-based costings during the early stages of planning.
  • Implemented fitout risk mitigation strategies to manage unforeseen costs and maintain budget control.
  • Supported negotiations with contractors and suppliers to secure competitive pricing and minimise financial risk.
  • Facilitated value management workshops with consultants and the client to ensure the design remained consistent with functional requirements and budgetary limits.