Australian Technology Park
Melbourne coworking space York Butter Factory and developer Mirvac in July announced a new partnership and platform called Hoist designed to help lift the Australian innovation ecosystem.
After 15 years, Sydney tech incubator ATP Innovations has rebranded, last night revealing its new name, Cicada Innovations.
A consortium led by property developers Mirvac Group has been awarded the tender to buy the Australian Technology Park site in Sydney’s Redfern, beating out competitors including Atlassian with a bid upwards of $260 million.
The Australian Technology Park may be meeting its untimely demise, with the NSW government looking to sell it to property developers, who will either turn the ATP into a business park or an apartment block. The Sydney startup community is urging the government to leave the ATP untouched, as it represents, houses and supports innovation, and is a key component of our identity as an innovative city and country. [Source: Change.org]