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Old June 17th, 2013, 10:23 AM   #1
Sky_Is_The_Limit
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#Proposed | CBD CENTRE | City Tattersalls Club Tower | 48st / 168m / mixed ‎

AIRSPACE AND INFORMATION EVENING

May 14th, 2013

The idea of developing the Club’s airspace has been discussed since the late 1960’s and was made part of the Club’s Development Control Plan in 2003. 194 Pitt Street was purchased in 2007 and as part of that plan to develop the airspace. A development of the Club’s airspace has the potential to maximise:
Our Club’s unique position in the middle of the Sydney CBD
Our airspace and currently the under-utilised area

The Committee considers that the time may be right to move forward with this part of the Club’s Controlled Development Plan. The Committee’s intention is to now proceed to obtain a Pre-Development Application advice which is essentially a “comfort document” from the Sydney City Council which advises that a proposed development has reasonably good prospects of being approved and on what conditions. Armed with a Pre-DA advice, the Club can go to the market with higher confidence to seek an interested, serious, high quality development partner.

A set of Guiding Principles will govern the Committee’s consideration of the airspace development.

The proposed development (for the purposes of the Pre-DA advice) as at the date of this meeting involves a 40 storey tower over 3 of the existing Club buildings. The proposed tower is to be a mixture of serviced apartment floors and private apartments. This proposal is subject to change as the work on the proposal progresses.

The construction period is likely to be 2-3 years and there will be consequent disruption, but every effort must be made to minimise it as the Club will continue to trade throughout the period.

Major changes that have happened, or are proposed to happen, all around the Club involve, Hilton Hotel, Pitt Street Mall, Westfield, QT Hotel, Swiss Hotel, Top Shop and Gowings re-development as well as the ANZ Building, almost at the completion stage.

No decision to proceed with a development of our airspace will take place without the approval of members. The Committee proposes to proceed to obtain the Pre-DA advice at a cost not exceeding $100,000.

The proposed airspace development is as challenging an idea as it is exciting. I ask members to keep an open mind about it and consider the information as and when it is made available.

http://citytatts.com.au/2013/05/airs...ation-evening/



----------
This is a logical decision for the club. IMO their landholdings are some of the worst in this part of the city - old, rundown and of no interest to the vast majority of passersby.

If they can utilise the airspace above their landholdings and raise funds to improve the offerrings of the club itself, it can only be a good thing for this part of the city. Whilst some of their venues appear elegant;


http://www.facebook.com/photo.php?fb...type=3&theater


http://citytatts.com.au/dining/esperanto/gallery/

Others look as bad (if not worse) as an RSL Club

http://citytatts.com.au/dining/zest/zest-gallery/

Or an aged care dining room

http://citytatts.com.au/dining/cafe2/cafe2-gallery/

The more money they can make from airspace development, the more they can spend on upgrading their venues and improving the street frontages. Considering the number of clubs with or adding accommodation to their portfolio, makes sense for Tattersalls to do so as well - particularly in the middle of the city. And more residential development in an office dominated part of the city can only be a good thing for supporting 'late night trading' for shops in the long term.

Worth noting that Tattersalls hasn't made any mention of partnering with David Jones (who are investigating their own airspace development next door)
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Old June 17th, 2013, 11:04 AM   #2
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this place needs an overhaul. time to demolish and rebuild. the oldies are living in back to the future. time to get into the delorian
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Old June 17th, 2013, 11:18 AM   #3
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Great location for a tower! Need a gap filler between ANZ tower and Centrepoint. Demolish old Tatts first ffs, it's tacky pokies club
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Old June 17th, 2013, 11:40 AM   #4
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To me the place is just any other club that is not worth the journey to the CBD for me.
The entrance is too bland really.

Should be a nice filler whatever goes up.
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Old June 18th, 2013, 04:47 AM   #5
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image hosted on flickr

17June13 Pitt Street by P.nix5, on Flickr

Well it's certainly central! From what I could see, Tatts occupies the four buildings nearest the camera (?)
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Old June 18th, 2013, 06:38 AM   #6
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ITS A GREAT SPOT
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Old August 4th, 2013, 02:27 PM   #7
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Airspace Development Update

A Pre-DA Application has been submitted by the City Tattersalls Club (CTC) to the Sydney City Council for review and comment from Council’s Town Planning Department. A formal written response from the Council is expected by late August 2013.

The Application included a comprehensive set of reports and drawings relating to a proposed building envelope.

It is an indicative development proposal only. The response from the Council will allow greater certainty for the market.

We will present members with a detailed update regarding the response from Council along with the next steps moving forward at the next Briefing Meeting which will be held at 6:45pm on Tuesday 27 August 2013 in the Celebrity Room.

If you are unable to attend the Members Briefing Meeting, information will be available on the Club website.

http://citytatts.com.au/2013/08/chai...e-august-2013/
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Old August 26th, 2013, 02:14 AM   #8
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City Tattersalls bets on tower block plan
BY:LISA ALLEN, BEN WILMOT From: The Australian August 24, 2013 12:00AM

IN a bid to cash in on Sydney's growing need for accommodation, City Tattersalls Club is finally preparing to build a 48-level tower above its Pitt Street headquarters, nearly 50 years after it first floated the idea.

A proposal for the tower, including hotel rooms, commercial offices and apartments above the club's 194-204 Pitt Street headquarters, was recently lodged as a pre-development application with Sydney City Council.

The plan could be complicated by the neighbouring David Jones department store, which is also reviewing options for its landmark Sydney real estate holdings.

A City of Sydney spokesperson said the council preferred commercial, retail and hotel uses for the Pitt Street location and has stressed to City Tattersalls that heritage facades and interiors must be protected.

"A full upgrade of the heritage buildings in regard to the Building Code of Australia is required," the council said.

City Tattersalls Club chairman Patrick Campion declined to discuss the plans with The Weekend Australian yesterday. But according to its website the club will brief members next Tuesday evening, when it will explain its proposal to build the tower above the club's three existing Pitt Street buildings.

Construction of the multi-use complex is expected to take up to three years.

"The proposed tower is to be a mixture of serviced apartment floors and private apartments. (However), this proposal is subject to change as the work on the proposal progresses," according to a recent statement to club members.

No decision to proceed will be made unless club members agree to the plan.

"There's a massive demand for accommodation in the middle of the city - all sorts, hotels, serviced apartments, private apartments, hostels, everyone wants to be in the city," said a senior source close to the City Tattersalls Club negotiations yesterday.

The club was awaiting a "formal written response" from Sydney City Council to its pre-development application that was expected later this month.

Any residential units developed by City Tattersalls Club will face stiff competition from another apartment tower proposed by Allan Fife, chief executive of Fife Capital, a Sydney-based real estate investment and corporate advisory group.

Plans have been lodged for a $110 million tower at 383 George Street and 46-48 York Street, including 199 one, two and three-bedroom apartments and six floors of retail.

Colliers International is marketing the project.

Several buildings in central Sydney are earmarked for conversion to apartments.

One block in Bathurst Street will contain 50 apartments.

http://www.theaustralian.com.au/busi...-1226703044877
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Old August 26th, 2013, 04:13 AM   #9
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48 Levels?!

That puts it at 150m+
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Old August 26th, 2013, 11:44 AM   #10
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The hotel idea is good for the tatts because it gives them an income stream as well in addition to the earnings raked within the club. I think the office component would have to do more with the club.

Still I'd like to see what DJ's next door might want to do.
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Old August 27th, 2013, 02:03 PM   #11
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Why would the office component 'have to do more with the club?'

We should all keep an eye on the Tatts website to see how tonight's meeting went.
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Old August 27th, 2013, 02:27 PM   #12
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It feels like from the information we have its all pointing towards hotel and apartments. I think the office component is placing emphasis on offices for employees and management.
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Old August 28th, 2013, 06:48 AM   #13
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City Tattersalls Club proposes 48-level mixed use redevelopment
By Nicola Trotman
Wednesday, 28 August 2013

The City Tattersalls Club in Sydney has proposed a 48-floor building with mixed used potential for the Pitt Street location.

The redevelopment is part of a plan to change the clubs business model, reducing the financial dependence on gaming.

The development would include upgraded member facilities, commercial tenants, hotel rooms and 32 floors of designer residential apartments.

“A redevelopment would enhance the member experience providing an array of new facilities and services including a new state-of-the-art fitness centre, top rating day spa, restaurants and hotel rooms,” says City Tattersalls Club chairman Patrick Champion.


“By broadening the club’s offerings we hope to be able to improve facilities for present members and attract a new group of members from the surrounding business district, the broader Sydney community and international visitors – helping to secure the club’s future for another 100 years,” says Champion.

Dating back to 1895, the 2,3390-square-metre site currently houses three heritage listed buildings.

City Tattersalls Club CEO Tony Guilfoyle says the development will utilise the unused airspace, providing expansive views and the possibility of a restaurant on floors 47 or 48.

Jon Chomley of Colliers International says the supply of residential apartments in the city has been dwindling.

“Between January 2010 and May 2013, there were 2,577 new and established apartment transactions above $200,00 within the Sydney CBD, however sales volumes have been dwindling on an annual basis, with the most significant decline of 21% occurring during 2012,” says Chomley.

“If the trend reported in the first five months of 2013 continues, sale transactions are expected to be even lower this year.

“We believe the timing is right for a new supply of residential apartments in the heart of Sydney,” says Chomley.

Colliers International will run an expression of interest campaign from September 3 to attract a developer.

http://www.propertyobserver.com.au/n...ign=latestnews
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Old August 28th, 2013, 06:49 AM   #14
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love it. looks bit like Lumiere
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Old August 28th, 2013, 07:58 AM   #15
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very nice!
It will suit that part of town well, in an area that is highly disadvantaged by draconian zoning controls.
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This is not an architecture forum nor an urban planning. Not an artists or aesthetes forum. We are not the activated podium club nor the preserve the parkland brigade, though many of our posters have interests in all these topics and different views.

But we all like tall buildings. This is a tall building forum. Skyscrapercity. The name couldn't be more plain.
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Old August 28th, 2013, 08:11 AM   #16
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I assume that is just an indicative render, or is this the final outcome?
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Old August 28th, 2013, 09:06 AM   #17
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Given its height it must surely incur a design competition, so 'indicative only' of what might be?
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Old August 28th, 2013, 09:22 AM   #18
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Agreed.

Another indicative render.


http://smh.domain.com.au/real-estate...828-2sqfm.html

I'd be happy to see a mixed use residential / hotel tower in this location. Inject a bit more demand for after hours activity in the middle of the city.
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Old August 28th, 2013, 10:43 AM   #19
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awesome. great skyline filler.
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Old August 28th, 2013, 12:21 PM   #20
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Agreed, bringing more residential/hotel uses into this area will help activate the area after hours.

But, assuming David Jones proceeds with a potential development of their Market St building (admittedly, a big assumption), the desirability of this development for residential would surely be impacted?
The DJs site sits to the East/North East of Tattersalls, blocking views towards the harbour.
Just a thought...
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