One Central Park, completed in 2014, is an award winning mixed-use building located in Chippendale. Developed as a joint venture between Frasers Property and Sekisui House, it was constructed as the first stage of the Central Park urban renewal project. It consists of two high-rise apartment buildings, and features vertical hanging gardens. In 2013, One Central Park was awarded a 5 star Green Star – ‘Multi-Unit Residential Design v1’ Certified Rating by the Green Building Council of Australia, making it the largest multi-residential building (by nett lettable area) in Australia to receive such a designation.