Frank Gehry's first Australian building revealed

Rising out of a corner of Ultimo where they'll teach business is already a lesson in creating a landmark.

It is the first building in Australia to be designed by Frank Gehry, one of the world's most influential architects.

The Dr Chau Chak Wing Building is a physical manifestation of the innovative thinking that underpins the teaching and research undertaken by the UTS Business School.

The design of the building is unique for a distinctive style of education.

The building is named for Australian-Chinese businessman and philanthropist Dr Chau Chak Wing, who donated $20 million to the project, along with $5 million for Australia-China scholarships.

The undulating outside a tribute to Sydney's sandstone in 320-thousand bricks.

Peter Cosgrove said: "I have to tell you it's the most beautiful squashed brown paper bag I have ever seen."

The polished stainless steel staircase is said to symbolise the movement of people and ideas.

Free tours of the building will be taking place on Saturday, February 7 from 11am to 4pm and Sunday, February 8 from 9am to 4pm.

If you would like to attend please register here.