AMP Capital Submits DA To Revitalise Sydney’s First Skyscraper

AMP Capital has submitted a Development Application (DA) to revitalise Sydney’s first skyscraper, 33 Alfred Street.

The DA proposed a sensitive renewal of the building’s façades, increased activation of the street level frontages and an upgrade of the building’s services and interior.

Pending necessary approvals, construction is earmarked to start once nearby Quay Quarter Tower is completed in 2020.

The Stage two DA lodgement followed two years of consultation with the City of Sydney and the New South Wales Government and proposed a major fit-out and upgrade of the 55-year-old building while respecting its important heritage characteristics.

Artist impression of 33 Alfred Street revitalisationAMP Capital Chief Operating Officer Louise Mason said while it is still some time away, the work will breathe new life into the office tower whilst paying tribute to its history, heritage and place at Sydney’s global gateway.

“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," she said.

"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.”

The proposed work on the heritage-listed tower is expected to 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 Street was developed by AMP 55 years ago.

“We’re not proposing to fundamentally alter its structure or create any additional floor space," Ms Mason said.

"We will carry out 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."33 Alfred Street is jointly owned by investors in the AMP Capital Diversified Property Fund and the AMP Capital Wholesale Office Fund.

Images courtesy AMP Capital.