This article is from the Australian Property Journal archive
AMP Capital has lodged a development application to give the 55-year old 33 Alfred St, Sydney’s first skyscraper, a facelift.
AMP Capital real estate COO Louise Mason said the stage 2 DA lodgement follows two years of consultation with the City of Sydney and the state government.
Mason said the building has local heritage listing. The proposed work will reinstate lost building features while refurbishing internal spaces and significantly improving the environmental performance of the building to bring it in line with premium commercial office standards.
“33 Alfred St was developed by AMP 55 years ago. We are committed to leading the way and ensuring the project is an exemplar of sensitive and sustainable renewal.
“We’re not proposing to fundamentally alter its structure or create any additional floor space. We will carryout a major interior refurbishment and upgrade of the building’s services, including a complete modernisation of the tower façade, to enhance the internal amenities while respecting and reinstating the key character elements of the original building façade,” she added.
“The building’s unique place in history and its distinctive design make 33 Alfred Street an important part of Sydney’s and Australia’s cityscapes. Along with being Australia’s first skyscraper, the building was cutting edge in its time, incorporating many other ‘firsts’ and innovations in its design.
“The proposed redevelopment will restore the building to its rightful status as a premium-grade office tower in keeping with this history, and its prominent place at Circular Quay,” she continued.
Pending necessary approvals, construction is earmarked to start once nearby Quay Quarter Tower is completed in 2020.
AMP Capital has appointed architect JPW for the project. 33 Alfred Street is jointly owned by investors in the AMP Capital Diversified Property Fund and the AMP Capital Wholesale Office Fund.
Australian Property Journal
