Currently, the site is zoned MU1 Mixed Use, with a maximum height of 22 metres and a floor space ratio of 3.5:1 under Sydney Local Environmental Plan. However, the existing building has a height of 30 metres and a FSR of 9.1:1, which exceed the allowable limits and hinder the building’s potential for adaptive reuse. The rezoning proposal seeks to set a new building height of 44 metres, allowing for two additional setback storeys, and to increase the FSR to 10.2:1.

The proposed redevelopment is set to deliver a contemporary and dynamic office environment for Canva, with a significant focus on employee collaboration and community engagement. The existing building’s façade will be redesigned to provide a modern, sleek look while maintaining the essence of the building’s historic character.

Key features include:

• Two Additional Storeys – these will provide much-needed extra office space and a rooftop terrace. The rooftop will serve as a gathering space, allowing Canva to connect with employees, collaborators and guests while offering stunning views of the surrounding area.
• Ground Floor Café – a new café will be introduced, serving as a social hub for Canva staff.
• Gym, Studio & Community Space – these facilities will be added to the lower ground level to promote employee wellness and provide a space for collaborative events and community activities.

Founded in 2013 by Melanie Perkins and Cliff Obrecht, Canva has rapidly become one of the world’s most successful tech companies. With a current net worth of approximately $10 billion, the pair continues to lead the company to new heights. Perkins, at just 36, became Australia’s youngest billionaire, and their success story continues to inspire the startup community.