Discover Macquarie Park Innovation District

DISCOVER MACQUARIE PARK INNOVATION DISTRICT

A LIVING CULTURE OF INNOVATION

EXECUTIVE SUMMARY A PLACE TO THRIVE

Macquarie Park is Australia’s original innovation district – first conceived in the 1960s as a purpose-built precinct where business and industry would cluster around research.

Our DNA is rooted in the decades of world-changing ideas developed here. And just like the national park that surrounds us, we’re constantly growing.

Today, Macquarie Park is a place where business, talent and new ideas thrive together:

· $9.5bn in economic output generated here each year

· Home to a highly educated talent pool of 72,000 employees

· Home to Johnson & Johnson, Optus, Abbott, Memjet etc.

· A mature innovation ecosystem, with two startup incubators

· $8.3bn investment in Metro, and $5bn+ investment in campus and workplaces of the future

In 2022 the NSW Government adopted a new 20-year plan to create 20,000 new jobs and more than 7,000 new homes here.

With widespread urban regeneration leading to more students, more residents and more employees, Macquarie Park is on the move.

Set up for success

Industry clusters in Macquarie Park include:

· Telecommunications

· Medical & Pharmaceutical

· Digital

· Industrial & Technology

Collaboration has turned our research community into an anchor of Sydney’s economic corridor, and helped Macquarie Park become Australia’s most innovative postcode.

Our advantages include:

Easy to get to:

· 3 Metro stations, a 20 minute journey to the city from 2024

· M2 motorway, and more than 30 bus routes

Modern spaces:

· 900,000sqm of futureready workplaces, with room to scale and grow

· World-class amenities, including Macquarie Centre

Sydney’s greenest CBD:

· Surrounded by National Park

· Macquarie University’s lush, green campus open to everyone

A living culture of innovation

Connect MPID acts as a unified voice for the future of Macquarie Park, while creating valuable connections across our innovation district community today.

Connect MPID is a unique partnership where leading employers, landowners, Macquarie University, State and Local Government work together:

· Data, research and Parkwide benchmarking

· Advocacy and thought leadership

· Industry showcases and annual summit

· Member-wide community of practice

· Practical tools and resources

· Highlighting success via our story-telling channels

Contact us to discover more info@connectmpid.com.au

With widespread urban regeneration leading to more students, more residents and more employees, Macquarie Park is on the move.

Photographer: Jared Bryant

– Local business leader

OUR STORY

From green belt to knowledge economy, Macquarie Park's history reveals how Australia's original innovation district came about.

Home to farms, market gardens and orchards after European settlement, the establishment of Macquarie University in 1964 was the defining moment in our area’s history.

The ‘Stanford of the South’ was intentionally designed as an academic institution that would be surrounded by business and hi-tech industry, just like in Palo Alto, California. 1

Attracted by large lot sizes and interaction with research,

Federal Government resumes farm land to build a new University.

early employers included electronic and radio pioneers.

Macquarie Centre opened in 1981, followed by new connections via the M2 motorway and Sydney Metro.

Telecommunications giant Optus arrived in 2007, moving to a purpose-built campus, while an apartment building boom led to more people calling Macquarie Park home.

In 2022 the NSW Government adopted a 20-year strategy to transform Macquarie Park into a globally successful innovation district.

opens with 1,271 students.

There are so many interesting stories to share that have come out of Macquarie Park, people just don’t know.

Lane Cove riverlands set aside as a national park.

WIRELESS INTERNET

pioneered by CSIRO at Marsfield.

M2 MOTORWAY OPENS

improving accessibility to the area.

MACQUARIE UNIVERSITY INCUBATOR OPENS

CSIRO LINDFIELD COLLABORATION HUB OPENS

CHRISTOPHER CASSANITI BRIDGE OPENS

connecting 5,000 new residents with Metro

JOHNSON & JOHNSON

move to new purpose-built HQ.

MACQUARIE UNIVERSITY PRIVATE HOSPITAL BUILT

MACQUARIE PARK GAZETTED AS A NEW SUBURB NAME

MACQUARIE PARK ANNOUNCED AS A PRIORITY PRECINCT BY NSW GOVERNMENT

DEVELOPMENT STARTS ON M_PARK AND MACQUARIE EXCHANGE

1992 1997 1999

2010

2017

2020 2022

20-YEAR MACQUARIE PARK MASTERPLAN ADOPTED BY NSW GOVERNMENT

1981

2007 2000 2009 2013

2019

2021 2023

MACQUARIE CENTRE REOPENS

after major renovations.

OPTUS

Moves HQ to state-of-the-art Macquarie Park campus.

CHATSWOOD TO EPPING RAIL LINE OPENS

MACQUARIE CENTRE OPENS

1975 opposite Macquarie University, and grows to become one of the largest shopping centres in Australia.

BECOMES AUSTRALIA’S LARGEST NON-CBD MARKET

NSW $96M RNA MANUFACTURING FACILITY CONFIRMED

CONNECT MACQUARIE PARK INNOVATION DISTRICT LAUNCHED

SYDNEY METRO NORTHWEST OPENS

6.8 km 2 12 km from Sydney CBD 3 stations on Sydney's first Metro system

M2 Motorway

MACQUARIE PARK TODAY

# 1 for IP

Postcode with the most IP registrations

10 % Home to Australian HQ of of the world's top companies 100

$ 9.5 billion GDP

72,000 employees

11,071 residents today

World leading universityof world's universities

120 start ups

jobs created 320

Sydney's

DISCOVER MACQUARIE PARK INNOVATION DISTRICT

TOP 1 % 45,000 students 7

MACQUARIE PARK TODAY: WHO'S WHO?

72,000 employees, homed in 904,710sqm of commercial floor space, adjacent to a world-leading University

leader

There’s a lot of high profile companies in the area. People know the brand and think ‘That’s a brand that I associate with innovation, with technology’. That adds huge value to the park.

– Local innovation

To the city, 20 minutes from 2024

MACQUARIE PARK TODAY:

OUR START-UP SUCCESS STORIES

From incubator start-ups to global success stories, Macquarie Park and North Ryde is already home to new companies creating new ideas, new jobs and new economic opportunities.

Till Payments

• FinTech payment solutions company, founded 2012.

Scaled up in small commercial space in Macquarie Park.

• Grew 204% in 12 months, now operates in 500+ cities worldwide.

• Raised $110 million in Series C investment in 2021.

New global HQ occupies flagship Macquarie Park building.

“

"

Macquarie Park can actually become a city in its own right.

– A local developer

(Source: Till Payments)

Minomic

• MedTech firm, specialising in prostate, bladder and pancreas tumours

Based in Macquarie Park for 8 years.

• Developed a new and unique in vitro diagnostic prostate test for early cancer detection.

• Moving from scale up to early stage company.

Product ready for launch in Australia and USA.

Baraja

• Founder-led deeptech developer, started in 2016.

• First tenant of CSIRO Lindfield Collaboration Hub.

• Patented a unique LiDAR spectrum scan, for self-driving vehicles.

• Raised $40m in Series B funding, including investment from Hitachi. Now employs more than 150 people, new HQ in North Ryde.

Emotiv

• MedTech firm, founded in 2011.

• Co-founded by Macquarie University PhD, based at Macquarie University Incubator.

• Developed wearable neurotechnology and interface.

• Enabled a quadriplegic man to drive F1 racing car entirely with his mind in 2020.

• Research and development community spans 120 countries.

(Source: Minomic)

(Source: Nine)

(Source: CMPID)

Macquarie Park is on the cusp of transformational change, with record investment in infrastructure and regeneration.

A 20-year plan for our priority precinct was adopted in 2022. NSW’s first RNA pilot and manufacturing facility was

announced for the Park in 2023. In 2024, Metro will extend to the city of Sydney, connecting to the Park in just 20 minutes.

MACQUARIE PARK TOMORROW

State of the art new workplaces are about to open, for example at Macquarie Exchange, M_Park, and Macquarie Square.

There is exceptional agreement between different levels of government, leading employers, Macquarie University

and landowners to elevate Macquarie Park and North Ryde into a world-leading innovation district, and a place to thrive.

“When you look at the area’s focus now it’s really at a great point, there’s so much potential for transformation.”

Waterloo Road Linear Park, City of Ryde (Source: City of Ryde)

– A local developer

WHO ARE WE?

Connect Macquarie Park Innovation District (Connect MPID) is a unified voice for our area’s future – a unique partnership between leading employers, landowners and government agencies. Our

aim is to increase connection across our community.

We’re working to enhance the experience of people who work, study and live in our area, providing advocacy, guidance and practical

resources across five pillars. They’re designed to help us all agree on the vision for our area, accelerate the benefits of growth and amplify our credentials as a worldleading innovation district:

CONNECT MACQUARIE PARK INNOVATION DISTRICT: