![\"A](\"https:\/\/www.europesays.com\/australia\/wp-content\/uploads\/2026\/07\/1783307836_75_1.jpg\")
\u25b2 A rendering of the approved precinct in Sydney\u2019s Midtown that will include two 82-storey apartment highrises.<\/p>\nA $3.5-billion city-shaping project in the heart of Sydney CBD including tower that will be among the captial\u2019s tallest has been approved.<\/p>\n
The City of Sydney has greenlit plans for Billbergia Group and Metrics Credit Partners\u2019 Castlereagh Place project as early construction works begin on the Midtown site.<\/p>\n
The joint-venture partners said the towers will have more floors than any other residential tower in the city.<\/p>\n
The 6000sq m site was acquired by the partners in 2024 for a reported $500 million.<\/p>\n
It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool streets.<\/p>\n
\u201cCastlereagh Place will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel,\u201d the partners said.<\/p>\n
A 1000sq m civic park on ground level will feature a curated mix of food, beverage and retail.<\/p>\n
\u201cThe plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience,\u201d they said.<\/p>\n
\u201cA three-level flagship building on the prominent corner of Pitt and Liverpool streets will be the gateway to the Castlereagh Place lifestyle precinct … housing multiple hospitality venues.\u201d<\/p>\n
The partners said Castlereagh Place was designed to be \u201cthe city\u2019s next great urban oasis\u2014an energetic mixed-use precinct that pulses with life, day and night\u201d.<\/p>\n
Billbergia group director Joseph Kinsella said it would \u201cbring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney\u201d.<\/p>\n
\u25b2 A rendering of the approved precinct in Sydney\u2019s Midtown that will include two 82-storey apartment highrises.<\/p>\n
\u201cIt will build on Sydney\u2019s growing laneway culture with the city\u2019s largest network of new activated lanes\u2014an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street at Wynyard,\u201d he said.<\/p>\n
Castlereagh Place has been designed by architects fjcstudio in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.<\/p>\n
Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.<\/p>\n
Earlier plans for a skybridge were shelved in July last year.<\/p>\n
Pedestrian access will be enhanced through new laneways linking Pitt, Liverpool and Castlereagh streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art, the partners said.<\/p>\n
It is the largest undertaking to date for the Billbergia and Metrics Credit Partners joint venture.<\/p>\n
Together they are developing other Sydney sites into mixed-use precincts, including the $2.2-billion Concord Central and the $1.3-billion Chatswood Grand Residences.Metrics managing partner and group chief executive Andrew Lockhart said that \u201cCastlereagh Place was \u201ca landmark project that will redefine Sydney\u2019s skyline\u201d.<\/p>\n
\u201cAs the tallest residential highrise development, the revitalised site will offer panoramic views across the CBD and surrounds\u201d.<\/p>\n
![\"Castlereagh](\"https:\/\/www.europesays.com\/australia\/wp-content\/uploads\/2026\/07\/2.jpg\")
\u25b2 Castlereagh Place was designed by architects fjcstudio in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design.<\/p>\n
Aligned to growing market demand, the partners said, Castlereagh Place will comprise 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom homes.<\/p>\n
Resident amenities will include an exclusive residents club containing a gymnasium, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.<\/p>\n
The development will also include a state-of-the-art wellness centre with a bathhouse offering magnesium pools, hot-cold plunge pools and premium amenities.<\/p>\n
According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney\u2019s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.<\/p>\n
\u201cCastlereagh Place is a city-making project of significant scale and ambition. It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways,\u201d fjcstudio design director Richard Francis-Jones said.<\/p>\n
\u201cDefining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.<\/p>\n
\u201cRising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"A $3.5-billion city-shaping project in the heart of Sydney CBD including tower that will be among the captial\u2019s…\n","protected":false},"author":2,"featured_media":44945,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[5460,12414,8025,6154,247],"class_list":["post-44944","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sydney","tag-apartments","tag-construction-commencement","tag-hotels","tag-project","tag-sydney"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/44944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/comments?post=44944"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/44944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media\/44945"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media?parent=44944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/categories?post=44944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/tags?post=44944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}