South Eveleigh, previously known as Australian Technology Park is a retail, business centre and technology park 3 kilometres (1.9 mi) south of the Sydney central business district and 8 kilometres (5.0 mi) north of Sydney Airport. South Eveleigh borders Alexandria and Eveleigh. Eveleigh Railway Workshops emerged on the site in the 19th century and it was transformed into Australian Technology Park in 1995. South Eveleigh primarily houses start-up hi-tech companies, especially biotech firms, and spin-offs from university research. The Park also houses venture capital companies, banks and legal firms. It was created in 1995, by the Government of New South Wales, the University of Sydney, University of Technology, Sydney and University of New South Wales, and was originally operated by the Australian Technology Park Sydney Ltd up until 2000, then by the Sydney Harbour Foreshore Authority before operation was passed to the Redfern-Waterloo Authority. The park has encouraged collaborative ventures that maximise the capacity of companies to take products of market driven research through to the commercialisation phase. The intent of the park is for university scientists and engineers to join with industrial scientists and engineers to apply university research ideas in new products and production processes. As such, researchers have been located alongside companies with the capital and expertise to commercialise and export them with the objective of improving Australia's global competitiveness. The park also includes conference, dining and exhibition facilities. Australian Technology Park established strategic alliances with the Oxford Science Park, Techneon (Israel Institute of Technology), UCSC Philadelphia and Kyoto Research Park. More information...
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