56 Pitt Street, Sydney

56 Pitt Street is a proposed "supertall" skyscraper in Sydney, Australia.[1] It is currently in early proposal stages and was first announced in November of 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 305 metres (1001 ft).[3][4] However, with government incentives and current revised height restrictions, it has the potential to reach a further height of approximately 330 metres (1083 ft),[5][6] which could possibly make it the future tallest building in Australia should such proposals go ahead.

56 Pitt Street, Sydney
General information
StatusProposed
TypeCommercial
LocationSydney, Australia, Australia
Address56 Pitt Street, Sydney
Coordinates33.86393°S 151.208997°E / -33.86393; 151.208997
Construction startedTBA
Estimated completionTBA
CostA$3 billion
Height~305 metres (1,001 ft) (Potential to reach 330 metres)
Technical details
Floor count~75
Design and construction
Architecture firmTBA
DeveloperDexus

In mid 2019, Dexus acquired properties on the proposed site of the project for approximately $190 million (AUD) [7] and has since committed $3 billion (AUD) to the project with expected construction of the project to start in the early 2020s.

References

  1. Fuary-Wagner, Ingrid (2020-02-24). "Signs of life in Sydney CBD as AEW plans to sell $250m tower". Commercial Real Estate. Retrieved 2020-09-26.
  2. Object, object (2019-08-14). "Dexus Plans Commercial 'Super Sites' in Sydney, Melbourne". The Urban Developer. Retrieved 2020-02-08.
  3. "Dexus consolidating Quay sites for future skyscraper". www.theaustralian.com.au. Retrieved 2020-08-27.
  4. "Dailytelegraph.com.au | Subscribe to The Daily Telegraph for exclusive stories". www.dailytelegraph.com.au. Retrieved 2020-09-26.
  5. "2019 Annual General Meeting | Dexus". www.dexus.com. Retrieved 2020-09-22.
  6. Object, object (2019-12-11). "Sydney CBD Set for 330m-High Skyscrapers". The Urban Developer. Retrieved 2020-09-22.
  7. "Dexus nabs Quay site for $190m". www.theaustralian.com.au. Retrieved 2020-08-27.
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