(F)consider flexibility in building height on the lower building, subject to a corresponding decrease in height to the tall tower and the achievement of adequate daylight into the central open space, and any Design Competition for Valad’s site at 1 Alfred Street, Sydney (Goldfields House), be considered during the LEP preparation process.
ITEM //10.3URBAN DESIGN STUDY OF THE BLOCK BOUND BY ALFRED - PITT - DALLEY AND GEORGE STREETS SYDNEY AND ASSOCIATED LEP AND DCP AMENDMENT............ 457
//(F)consider flexibility in building height on the lower building, subject to a corresponding decrease in height to the tall tower and the achievement of adequate daylight into the central open space, for the International Design Competition for Valad’s site at 1 Alfred Street, Sydney (Goldfields House), and that the competition winning design be used to inform the final heights during the LEP preparation process.
At the meeting of Council, it was moved by Councillor McInerney, seconded by the Chair (the Lord Mayor) –
That the recommendation of the Planning Development and Transport Committee (Planning Policy Sub-Committee) be adopted, subject to the amendment of clause (F), such that it reads as follows:
(F)consider flexibility in building height on the lower building, subject to a corresponding decrease in height to the tall tower and the achievement of adequate daylight into the central open space, and any Design Competition for Valad’s site at 1 Alfred Street, Sydney (Goldfields House), be considered during the LEP preparation process.
Gold Fields House is a landmark building within the core of Sydney CBD and tourism precinct.
Owned in joint venture by: Valad’s development business (21%), Stichting Pensioenfonds ABP (40%) and its Australian V-Plus Fund (39%)
the Gold Fields House development will comprise up to 37,500 square metres of developable floor space.
Valad has received Stage 1 Development Consent for the Gold Fields House redevelopment project at Sydney’s Circular Quay.
The approval from the City of Sydney Planning Committee is a milestone for Valad which will now proceed with an international architectural competition to create a world-class complex which will feature a significant residential component.
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