Atlassian plans to build world's tallest commercial hybrid timber tower

Tech giant Atlassian has revealed its plan to build the world's tallest commercial hybrid timber tower to host their headquarters.

It will be located next to Sydney's Central Station.

The 40-storey building will be 180 metres tall and accommodate up to 4,000 Atlassian staff, with a YHA hostel occupying the lower levels.

It is Designated as part of the NSW Government's tech hub which is set to from Central into Redfern.

Atlassian plans to take up the majority of the floors in the building, while the rest are likely to be occupied by other tech or start-up companies. It declined to say how much it would cost to build.

CEO Mr Scott Farquhar said they hired New York architects SHoP to design the tower in partnership with Australian firm BVN. The building will operate on 100 per cent renewable energy and includes solar panels in its facade.

The tech giant will lodge development applications for the 40-storey building within months, and plans for construction to start next year.

The new headquarters is due to be completed in 2025, if all goes according to plan.