Completed | CBD CENTRE | 5 Martin Place (The Money Box Bank) | 20st/83m | Office

With all the profit they are earning, they can easily afford to build their own skyscrapers. Should complement the Macquarie Bank/Westin Hotel complex across the street very well.

Why not they aim for 200metres like they did in the 80's. MLC is 230m and thats just next door.

^the height limits have come in since the 190m approval.so it has many issues with height/setback/heritage streetscape etc.i can see it being around as high as GPO develpment which is 120m.

the stage1 DA is coming in this week or next for the tower above Money box bldg @ 120 pitt st.
The envelope with slopped edges should reach about 150m

Interesting to hear that because Commonwealth Bank have just taken out space Darling Park I, occupying floors formerly occupied by Fairfax.

Yes, a tower above the money box will be fab. Hope they make money boxes with the tower on top to give people more incentive to save their dough with hard times coming up.

Interesting!

I worked at the "Money Box" when it was refurnished in 1987. 2 additional light wells were cut but at the centre was a void that provided natural light for all the floors. It was brilliant.

I'm guessing they will build a tower core through this void.

^no the 1960s bit which is located eastern end of martin place and rear section will be demolished and the tower will rise up from there. only 10m from MLCs sheer face.

Oh it's that building! The money box is a block away from MLC.

CULWULLA said:

^no the 1960s bit which is located eastern end of martin place and rear section will be demolished and the tower will rise up from there. only 10m from MLCs sheer face.

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the stage1 DA has been lodged today for extension of 120 pitt st.
its basically the sun access plane envelope.
reaches 107m above pitt st
first there is a large 4 storey block which covers most of existing roof (2000sqm per floor) and then a 10storey addition at rear (600sqm per fl)
after this gets aproved , adesign comp will be held to achive a design for roof.not much to work with.

blockmodel

I thought they were going to just plonk a tower above the roof and keep it intact like the GPO complex. Disappointing it wont go to 150m either

They should have anchored John Boyd tower..hno:

LOL this is attrocious. What a monstrous shape!

^ it's because of the modern desire to have large floor plates over thinner height where possible.

the martin place corridor has many restrictions as you can imagine.
1.the first 4 floors have to be setback from roof out of view from street.
2.the small tower adition on southeastern cnr has sun access plane restrictions to Pitt st mall.thus its shape.
SEE FIRST PHOTO . you can actually see a bit of pitt st mall. thats the reason the slope to roof. to allow sunlight into that patch. IF pitt st wasnt a mall you could go to 150m and higher. but SSC want to protect all public pedest areas.

I'm sure it'll turn out to be a good looking scraper.........
BUT
the envelope of this tower, to me, symbolises the state of the CSPC planning laws in the Sydney CBD.
The tower looks awkward, tedious and way too short for its girth.
This was a great opportunity for a nice 600 foot tower and in any other city this would've been a great skyline addition, however in Sydney it's not to be.
I'm not a big fan of this shadowing bullshit. I don't see many other cities going to such lengths.
For a skyscraper lover this is pretty f*cking painful ! !

I have always wished that Sydney's skyline would one day resemble Chicago ( see todays banner below ) but instead Melbourne is going to make it there alot quicker because of their much more liberal planning laws.

^sydney is NYC ;-) not chicago

just on this project. is going to be a 41,000sqm project.
total removal of 60's addition and rear.
the first 10 floors will consist of 3100sqm floor plates. then 4 new floors of 2100sqm
the top 10 floors will have 700sqm each.

Part of the problem is that Sydney's streets developed out of cattle tracks, they tend to go every which way and they are much too narrow, unlike Melbourne's, or NYC's or Chicago's, all of which were actually planned, not always imaginatively, but planned none the less.

I just hope that they utilise the opportunity that this building will represent to improve the laneway that runs up from Pitt Street to the MLC Centre. That could be a perfect opportunity for a bar to complement 'The Vault'.

That 'laneway' is the once famous Rowe Street, Sydney's little bit of Europe, once 'terribly Bohemian" (coffee shops, no less!!), now sadly reduced to a cruddy and unappealing alley.
How hard would it be to rejuvenate, especially now with Clover's laneway policy?

Brizer said:

That 'laneway' is the once famous Rowe Street, Sydney's little bit of Europe, once 'terribly Bohemian" (coffee shops, no less!!), now sadly reduced to a cruddy and unappealing alley.
How hard would it be to rejuvenate, especially now with Clover's laneway policy?

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Actually coffee shops would fit in that area quite well. They'd get a lot of business around there.

Martin Place I agree with preserving somewhat, particularly the historical facades. Closing it has proven to be one of the best decisions ever made in the city. Pitt St. Mall has been successful, but I don't think it would experience much shadowing more than what it has. Woudn't any shadowing from this one fall pretty much in the shadow of MLC anyway?