Complex sentence: It is in Woden Town Centre, a commercial district of Canberra but is technically in Phillip (a suburb of Canberra), it was formerly known as the MLC Tower but was renamed in 2000.
Split into simpler sentences: It is in Woden Town Centre, a commercial district of Canberra located in the suburb of Phillip. It was formerly known as the MLC Tower but was renamed in 2000.