Construction | BARANGAROO | One Sydney Harbour | 72st/247m, 68st/230m, 30st/104m | Residential | U/C

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CULWULLA

Discussion Starter · Jul 13, 2012 (Edited)

the 3 resi tower just north of C3 and not to forget the 20storey south of C5.
sales for these units will proceed in next 12 months

R3=50STOREYS/175M (23,500sqm)
https://majorprojects.affinitylive....5853/Preliminary Environmental Assessment.pdf
R4=45STOREYS/160M
https://majorprojects.affinitylive....37d2/Preliminary Environmental Assessment.pdf
R5=35STOREYS/130M
R7=20STOREYS/75M
https://majorprojects.affinitylive....87969184d69cc6b0f1/Architectural Drawings.pdf

the 3 resi towers (R3,R4,R5)

R7 Tower

some latest renders

http://www.smh.com.au/business/bara...-next-step-for-lend-lease-20120709-21rnw.html

Barangaroo apartment sales next step for Lend Lease

Read more: http://www.smh.com.au/business/bara...-lend-lease-20120709-21rnw.html#ixzz20SbziK6t

LEND Lease is looking to start sales of the residential tower at Sydney's $6 billion Barangaroo South project within the next two years, after securing funding for the project.

Aside from the three office towers, casino and hotel, about 775 to 800 apartments are planned for the site. The apartments could have an asking price of $1 million-plus.

After lengthy talks, the group said that New South Wales government superannuants in First State Super and the Telstra Super fund would be direct financiers of the $2 billion Barangaroo South project.

The two funds are included in the syndicate with the Lend Lease-managed Australian Prime Property Fund Commercial that will take a combined $500 million stake in the construction of the development.

Advertisement The Canada Pension Plan Investment Board will invest $1 billion and Lend Lease will make up the remaining $500 million, funded by internal cash flow, not by shareholders.

Westpac, KPMG and Lend Lease are the confirmed anchor tenants for the first two office towers, at an average rental of $1000 a square metre, with about 20 per cent of the rent as incentives. It is speculated that accounting firm PwC could take out the anchor space for the 3rd tower.

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caff111

· #261 · Aug 31, 2013

Property market is so HOT at the moment........with such low interest rate........people prefer to invest the money in property rather than leaving at the bank earning minimal interest.

Sky_Is_The_Limit

· #262 · Aug 31, 2013

Wow, all the apartments sold out including the penthouse and sub-penthouse! Very good day for Lend Lease and CBRE!

upwards said:
The next Barangaroo apartments go on sale within 18 months. Buyers who missed out this weekend go to the front of the queue.

^^ Note this. Lend Lease will have to move quickly to get approval for the modified concept plan and then further approval for the detailed designs for the remaining residential buildings at Barangaroo South.

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Fabian

· #263 · Aug 31, 2013

It is time to fast track any of their residential components. Barangaroo is living up to the expectation is as a place not just to work, but to live.

CULWULLA

Discussion Starter · #264 · Sep 1, 2013

i reckon, hurry LL and lodge the new masterplan for crown and resi towers, so both can gain approval and, once this happens, crown get get started with piling and the resi towers can start selling off plan. i reckon simple podium with 2 x200m reis towers (similar shape to Seidlers COVE apartments). done. lets do it.

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Fabian

· #265 · Sep 1, 2013

But from my understanding both Crown and the apartment towers will be going through their own separate plans. Negotiating a site for the casino I thought was meant to be a straightfoward process given that Packer had worked around the site constraints in which to do so.

nameless dude

· #266 · Sep 1, 2013

While it's great to see the market doing so well, it just shows the extent of how undersupplied it has become simply because we haven't been building anywhere near enough for over a decade, as well as all the opportunities we're missing out on. First it was the towers in chatswood, all selling out within the weekend of being released, then bondi junction in 5 hours and now this - it's getting all too usual. Remember building more apartments isn't just about putting more supply on the market (which we obviously need much more of), it's also giving us the revenue to improve transport, roads, healthcare etc. It's now more than ever that our councils and governemnt need to just tell those NIMBYs to shut up once and for all and start building the way we should have more than a decade ago.

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just_me_again

· #267 · Sep 1, 2013

Good news is that in few years when office oversupply kicks in we'll have lot of office buildings to convert to residential ... it might take another decade or so but we'll get it right, eventually ... maybe ...

CULWULLA

Discussion Starter · #268 · Sep 1, 2013

stop spamming,..

Matt777

· #269 · Sep 2, 2013

JMA, look up the Melbourne 3000 plan thing (find more details on the Melbourne City web site), it really proves the point that office conversion is the way to go. There has been some articles in the paper too showing how great all these old office buildings will be.
Really have a good think, new office + old office = new residential.

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captainmoonlite

· #270 · Sep 2, 2013

BuildBigger said:
To be honest. Every suburb surrounding the C-B-D is mostly residential, and the C-B-D is constrained geographically and through archaic planning laws. So I don't mind if big floor plate commercial towers are built in the C-B-D to satiate some present and future demand.

There is no shortage of room for resi's in a 2- 3km radius of the C-B-D.

Where should we be looking to expand the CBD?

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Fabian

· #271 · Sep 2, 2013

just_me_again said:
Good news is that in few years when office oversupply kicks in we'll have lot of office buildings to convert to residential ... it might take another decade or so but we'll get it right, eventually ... maybe ...

There will be some conversions stemming from Barangaroo and to add to it a few new purely residential towers but Central Sydney is facing limits in what can and what cannot be built.

Obviously the market will speak for itself.

Also more office buildings are going strata which makes it hard for a residential developer to buy an entire building to pull down.

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BuildBigger

· #272 · Sep 3, 2013

captainmoonlite said:
Where should we be looking to expand the CBD?

I think South is our best bet (Chippendale and Ultimo). The suburbs are a short walk from Central and there seems to be many blocks that could cater for tall highrise development. Pyrmont and William street to the Cross are other areas that could deal with more beefing up as well.

Overall it really is the lack of vision by council that restricts the expansion of the CBD. A perfect example being the terribly restrictive height limits around Chinatown.

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Fabian

· #273 · Sep 3, 2013

The Sydney Morning Herald (3/9/2013): The weekend snap up of apartments will only put the pressure to bring the release of other apartment towers at Barangaroo forward.

Sky_Is_The_Limit

· #274 · Sep 4, 2013

I just stumbled across this picture on Instagram. I'm not sure if it is the imminent Barangaroo South concept plan or an option for the concept plan. However it is clearly SOMETHING because you can distinguish Crown, International Towers and a few towers to the left of Crown (for naming purposes, lets call them ABC). Note also what appears to be parkland in front of ABC.

Nigh impossible to estimate heights however the taller of the ABC towers appears as tall as / if not taller than International Tower 1 (217m). In ABC, there appears to be a shorter tower between the tallest and International Tower 1. There's also a shorter building.

http://instagram.com/p/d087ZTEaAj/

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CULWULLA

Discussion Starter · #275 · Sep 4, 2013

great find sky- this is clearly something being worked on. it does appear the 2 twins concept maybe gone and replaced with original 3 towers but reworked configuration?
i like how the 3 ABC step up from hickson to Crown.
A -looks about as high as nearby Stamford apats which is about 100m?
B- looks not as high as C3s main roof which is 209m,. so im guessing 190m? and c= looks to be about 220m min? how cool is that. then theres crown. at 235m-250m.
looks perfect outcome a c tuallly

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upwards

· #276 · Sep 4, 2013

^^
It looks like a physical model - where is it?

but the barangaroo buildings may have been added/superimposed to a photo of the model?

Sky_Is_The_Limit

· #277 · Sep 4, 2013

^^
If you look closely, you can see the new SICEEP facilities in the top right hand corner. Is there a model at DP&I on Bridge Street?

There's a few other approved / UC buildings in the picture including 1 Alfred St and 200 George St

upwards

· #278 · Sep 4, 2013

The architect on twitter may be experimenting with a few ideas?
We will find out soon enough what it is really.

Muxcomee

· #279 · Sep 5, 2013

I think that that the 1 Alfred/200 George look so good, and that area looks so good too. I also agree with Cul about the Resi. THe new placement looks so much better.

However, 8 Chifley looks a bit, out of place for that area

Fabian

· #280 · Sep 6, 2013

And it does give that linkage between Crown and the commercial towers as well. It's like an "L" shape arrangement of towers.

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