The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
2 WEEKS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE MORE THAN 550 ALREADY ATTENDING
2 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 550+ ALREADY ATTENDING
REGISTER NOWDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
68
print
Print
Renee McKeownWed 23 Feb 22

First Look: Cbus, Scentre Unveil David Jones Transformation

f081792c-9f29-444f-b71c-ab529f9229c8

Cbus Property and Scentre Group has unveiled its Castlereagh Street vision ahead of the decision on the development application this month.

Construction on the 111 and 121 Castlereagh Street sites are expected to start at the end of May if granted approval by the City of Sydney.

The adaptive reuse of the original David Jones Men’s Store, also fronting 77 Market Street, will see a 22-storey residential tower rise above the heritage building.

Designed by architects Fjmt, the suspended elliptical tower comprises 101 apartments, community space and podium gardens.

Related: Cbus Property Plans $600m North Quay Tower

▲ The Sydney CBD skyline with the new tower above David Jones.

At the 121 Castlereagh Street building, Cbus has proposed six levels of serviced office space measuring 11,500sq m, above the anticipated extension of Westfield Sydney developed by Scentre Group.

The premium-grade office space would have its own entrance but be visibly connected to the shopping centre with a central atrium to create a vertical flow of light.

Cbus Property chief executive officer Adrian Pozzo said they wanted to reshape the Sydney skyline with this development.

“The Castlereagh site offers a prestigious address with rare historic character in the centre of Sydney,” said Pozzo.

“It provides the opportunity to offer the best of both worlds by both showcasing the heritage and also bringing it into the future, with new architecture and world-class commercial and residential assets.”

Related: Scentre Eyes $3bn Development Pipeline

▲ The commercial and retail space is connected by a vertical column inside the 121 Castlereagh building.

Scentre Group Development director Stewart White said the new development and Westfield expansion were both highly anticipated.

“As the city’s home of luxury, Westfield Sydney is experiencing a wave of luxury brand rejuvenation, expansion and renewal driven by strong demand from selective and discerning local and international customers, drawn to the centre by a wave of new luxury brand openings,” White said.

Colliers International has been appointed as the selling and leasing agent for the buildings.

AUTHOR
Renee McKeown
More articles by this author
ADVERTISEMENT
TOP STORIES
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
5 Min
Freecity Rouse Hill triple towers 2 Tempus Street
Exclusive

Freecity Takes Covers Off $330m Triple Towers in Sydney’s North-West

Leon Della Bosca
5 Min
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
View All >
Logan Wastewater Funding hero
Infrastructure

Flush of Funding to Deliver 20,000 New SEQ Homes

Phil Bartsch
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
Residential

Home Affordability Gap Widens Across Asia-Pacific

Lindsay Saunders
Income growth and price dips have done little to improve the situation, according to fresh data from the Urban Land Inst…
LATEST
Logan Wastewater Funding hero
Infrastructure

Flush of Funding to Deliver 20,000 New SEQ Homes

Phil Bartsch
3 Min
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
5 Min
Residential

Home Affordability Gap Widens Across Asia-Pacific

Lindsay Saunders
3 Min
Stockland's Triniti HERO
Build-to-Rent

Stockland $400m North Ryde BtR Approved on Appeal

Leon Della Bosca
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/first-look-cbus-scentre-on-david-jones-tower-transformation-in-sydney-