A landmark $800 million development is poised to become Sydney’s newest icon, blending modern architecture with historic grandeur in the heart of the city’s central business district.
Sydney House, a 50-storey mixed-use premium apartment and luxury hotel complex, will soon grace the skyline at 196-204 Pitt Street.
The project is a joint venture between Singapore-listed First Sponsor Group Limited and Melbourne-based developer ICD Property.
Set to hit the market in 2025, Sydney House will offer 241 premium residences atop a 136-room luxury hotel, providing residents with seamless access to premium amenities and lifestyle services.
Matthew Khoo, CEO of ICD Property, emphasised the development’s unique offering, stating: “Sydney House will offer a sophisticated expression of modern CBD living, capturing panoramic vistas to Sydney’s most beloved icons, including the Sydney Harbour Bridge as well as Hyde Park out to the north and south heads.”
The development will also restore and reinterpret the former City Tattersalls Club’s site, owned by a consortium led by First Sponsor Group.
Neo Teck Pheng, CEO of First Sponsor Group, highlighted that the heritage podium levels will feature an elegant bar and restaurant, along with luxurious hotel and function facilities.
Tim Rees, Senior Director at CBRE Residential Projects, noted the project’s prime location: “Pitt Street is arguably the most significant street in all of Sydney.
“Just a stone’s throw from Circular Quay, The Opera House, Hyde Park and Darling Harbour, Sydney House offers [a] seamless connection with the CBD and beyond.”
The development is surrounded by premium shopping centres, luxury designer brands, and an array of sophisticated dining and entertainment venues.
Residents will also benefit from easy access to the newly opened Sydney Metro Pitt Street Station, enhancing connectivity across the city.
Construction of Sydney House commenced in early 2023, with completion expected in 2027.
The project is being built by Richard Crookes, a leading residential construction company known for its meticulous quality and exceptional delivery of premium off-the-plan luxury residences.
As Sydney continues to evolve, Sydney House stands poised to set a new standard for luxury urban living in the heart of Australia’s largest city.
