56 Pitt Street, Sydney

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56 Pitt Street
56 Pitt Street concept render.jpg
Concept render
56 Pitt Street, Sydney
Alternative namesPitt and Bridge Precinct, Sydney
General information
StatusPlanning phase
TypeOffice
Location Sydney, Australia
Address56 Pitt St, Sydney NSW 2000
Coordinates 33°51′50″S151°12′32″E / 33.86393°S 151.208997°E / -33.86393; 151.208997
Construction started~2024
Estimated completion~2029
Cost A$3.1 billion
Height~314 metres (1,030 ft) (Potential to reach 330 metres)
Technical details
Floor count~80
Design and construction
Architecture firmTBA
DeveloperDexus

56 Pitt Street is a proposed skyscraper development in Sydney, New South Wales, Australia. [1] Currently in planning phases, if completed, the building would be the first of its kind in Sydney to exceed a height of 300 metres. It was first announced in November 2019. Proposed by property developer and investment company Dexus, [2] it will be located in the northern end of Sydney's CBD and should the project go ahead, it will become the tallest building in Sydney at an estimated height of approximately 314 metres (1,020 ft). [3] [4] [5] However, with government incentives, current revised height restrictions and speculative proposals, it has the potential to reach a further height of approximately 330 metres (1,083 ft), [6] [7] which could possibly make it the future tallest building in Australia should such proposals proceed.

In mid 2019, Dexus acquired properties on the proposed site of the project for approximately A$190 million [8] and has since committed A$3.1 billion to the project with construction of the project expected to start in 2024. The tower will comprise a floor area of approximately 93,400m² [9]

See also

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References

  1. ↑ Fuary-Wagner, Ingrid (24 February 2020). "Signs of life in Sydney CBD as AEW plans to sell $250m tower". Commercial Real Estate. Retrieved 26 September 2020.
  2. ↑ Object, object (14 August 2019). "Dexus Plans Commercial 'Super Sites' in Sydney, Melbourne". The Urban Developer. Retrieved 8 February 2020.
  3. ↑ "Dexus consolidating Quay sites for future skyscraper". www.theaustralian.com.au. Retrieved 27 August 2020.
  4. ↑ "Dailytelegraph.com.au | Subscribe to The Daily Telegraph for exclusive stories". www.dailytelegraph.com.au. Retrieved 26 September 2020.
  5. ↑ "City North - Public Domain Plan". City North Public Domain Plan (Draft). City of Sydney: 20. October 2022.
  6. ↑ "2019 Annual General Meeting | Dexus". www.dexus.com. Retrieved 22 September 2020.
  7. ↑ Object, object (11 December 2019). "Sydney CBD Set for 330m-High Skyscrapers". The Urban Developer. Retrieved 22 September 2020.
  8. ↑ "Dexus nabs Quay site for $190m". www.theaustralian.com.au. Retrieved 27 August 2020.
  9. ↑ "HY22 Results presentation". Dexus. Retrieved 28 February 2022.
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