Health Translation Hub works commence
ISPT CEO Chris Chapple joined NSW Premier Chris Minns, Member for Coogee Dr Marjorie O’Neill MP and our partners UNSW and Plenary Group on Monday 18 September 2023 to mark the official commencement of work on the $600m UNSW Health Translation Hub, one of the marquee developments within the Randwick Health & Innovation Precinct.
The UNSW Health Translation Hub developed by ISPT with co-owners HESTA and Unisuper, is part of our growing Healthcare and Life Sciences strategy, investing in real estate which delivers health, research and educational excellence for future generations.
The Health Translation Hub is a key outcome of the collaboration between the NSW Government and UNSW Sydney to strengthen the precinct and improve health outcomes for the community. It will bring together educational and medical researchers, clinicians, educators, industry partners and public health officials to drive excellence and support the rapid translation of innovative research and education into improved patient care and better community health outcomes.
The facility will be situated adjacent to the new Prince of Wales Hospital Acute Services Building and will include direct connections to UNSW’s Kensington campus, the Sydney Children’s Hospital Stage 1 and Minderoo Children’s Comprehensive Cancer Centre, enabling seamless integration with UNSW and the four hospitals at Randwick, putting the precinct at the forefront of international health research and education.
Opportunities to increase energy efficiency and reduce energy consumption have been incorporated in every stage of the design. Targeting a 6 Star Green Star rating, it will be the first the building in NSW, and only the second in Australia, to achieve such a rating under the new Green Building Council of Australia scheme.
An expansive 2,500 square metres of north-facing open public space will help to create an engaging and welcoming place for staff, students, patients, industry partners and the public.
NSW Premier Chris Minns said the development was an exciting example of the NSW Government partnering with industry to create better health outcomes. “Medical research is an essential part of providing world class healthcare,” Premier Minns said. “This project will enable the rapid translation of research and education into improved patient care and better community health outcomes. We look forward to seeing this collaboration come to fruition.”
CEO Chris Chapple stated, “ISPT is proud to be developing the landmark UNSW Health Translation Hub with our co-investors and development partners, which forms an integral part of NSW’s largest co-located healthcare, research and educational precinct.”
UNSW’s Provost Scientia Professor Vlado Perkovic said the Health Translation Hub will realise the university’s aspiration to improve health by working in close partnership with the leading healthcare institutions within the precinct, building on more than 60 years of partnership and teaching hospital affiliations.
“Healthcare is ripe for transformation,” Prof Perkovic said. “Through our dynamic collaborations with government, industry and leading academia, we will catalyse and drive breakthrough innovations and address our future healthcare needs.”
The long-term development partnership involves the Plenary Health consortium funding, developing and operating the 35,600-square-metre facility, supported by an initial 20-year commitment from UNSW to occupy 65% of the available space. The remaining space is available to industry, providing a unique opportunity for like-minded partners to co-locate with the university and within the precinct.
The project is being fully funded by Plenary Group and ISPT, together with health and education sector superannuation funds HESTA and UniSuper. Hansen Yuncken have been engaged as the design and construction partner and Architectus as lead architect.
Construction is due to be completed in 2025.
