Office
Joint-Venture Reveals $925m Skyscraper for Hyde Park
Charter Hall wants to knock down an 38-storey modernist office block to build a 55-storey hotel and apartment highrise overlooking Sydney’s Hyde Park under its $925-million plan.
The mixed-use tower has been in the works since Charter Hall Group, Canadian investment firm QuadReal and Abacus Group purchased the property for $630 million, in a 36/32/32 split, in 2019.
Previous owners Dexus and Perron Group had made an application to establish a building envelope for the site, which was considered by the City of Sydney in early 2018.
TUD+ Member Only Content
Get the full story.
Become a TUD+ member to unlock this article, plus exclusive analysis and member-only events and webinars.
You'll return here after signing up.
TOP STORIES
Exclusive
Early Plays Pay Off in Sydney’s Eastern Reform Shake-Up
Exclusive
Comiskey Warns Time’s Almost Up to Beat Games Construction Crunch
Exclusive
Why Latent Defects Insurance is Moving from Niche to Mainstream
Exclusive
Fun Under Management: The Rise of Destination Office Christmas Parties
Exclusive
