This article is from the Australian Property Journal archive
JOINT venture partners Toga and AsheMorgan are looking to breathe new life into Oxford St by revitalising three heritage buildings, to deliver a new mixed-use commercial, retail and boutique hotel development.
The JV partners have lodged a development application for over 13,000 sqm of lettable floor area at 56-76, 82-106, and 110-122 Oxford St. Known as The Darlinghurst Collection, the project encompasses three heritage buildings along Oxford St between Oxford Square and Taylor Square. The plan includes 7,600 sqm of commercial floorspace, 1,600 sqm of cultural and creative spaces, 2,300 sqm of ground and laneway retail which will connect Oxford and Foley streets, and a 75-room boutique hotel.
Toga CEO Fabrizio Perilli said The Darlinghurst Collection presents an exciting and significant opportunity to help shape the future of one of Sydney’s cultural meccas.
“Our vision for the site is to create a diverse, and uniquely Darlinghurst precinct, that reflects the values of the local community and the significant heritage of the area.
“We plan to enrich and grow the community that enjoys Darlinghurst by bringing a range of amenity to the area that will ensure it is thriving, day and night. The development will contribute to the local economy, through a new commercial ecosystem that will integrate creative and cultural start-ups, bringing jobs and businesses to the area,” he added.
TOGA and AsheMorgan have engaged Richard Francis Jones, design director of fjmtstudio as lead architects.
Jones said the concept is to create a carefully crafted interplay between the beautiful turn of the century heritage buildings and a new dynamic series of glass and metal forms that hover above.
“This composed integration of heritage and advanced architectural form will create sustainable and inspiring places to work, while reinvigorating the street life of Oxford Street and the authenticity of its laneways,” Jones said.
The JV partners said their plans will ignite further transformation along Oxford St. They are also working with the City of Sydney and the site’s neighbours to shape the activation and future renewal of the Foley St Laneway.
AsheMorgan principal investor relations and acquisitions Mendy Moss said: “We are proud to work with Toga to revitalise an important precinct for Sydney. The sensitive adaption of the buildings will celebrate the history and heritage of the area while ensuring they cater to the requirements of modern workplaces and the wider community.”
