The Plenary Health consortium has been appointed by the University of New South Wales (UNSW Sydney) to deliver the new $387.8m (A$600m) Health Translation Hub.

Property fund manager ISPT, super funds HESTA and UniSuper, and infrastructure investor and developer Plenary Group have partnered to co-fund the project.

The 35,600m2 facility will sit adjacent to the new Sydney Children’s Hospital Stage 1 and Minderoo Children’s Comprehensive Cancer Centre as well as accompany the new Prince of Wales Hospital Acute Services Building.

It will allow educational and medical researchers, clinicians, educators, industry partners and public health officials to work alongside each other to drive innovation.

The hub will support quick translation of research, innovation, and education into improved patient care.

The Health Translation Hub will include education, training and research rooms, clinical schools, ambulatory care clinics and support facilities including retail premises.

The new facility will also have 2,500m2 of north-facing open public space that will help in creating an engaging place for patients, staff, students, industry partners as well as the public.

UNSW vice-chancellor and president Attila Brungs said: “A state-of-the-art facility, the Health Translation Hub will physically connect UNSW to the hospitals and enable a seamless and integrated work, research, and education environment.

“We will discover unmet clinical needs faster, connect real-world health issues more efficiently to our researchers and industry partners, and facilitate a hands-on learning opportunity for our students.

“Through our partnerships with government, industry and academia, we will revolutionise the way health care is delivered.”

Hansen Yuncken has been appointed as the design and construction partner and Architectus as lead architect for the project.

Construction work on the HTH is scheduled to commence next year, with completion anticipated in the second half of 2025.