Green light for City Tatts Club redevelopment

A 50 level skyscraper will rise from the City Tatts Club site at 194-204 Pitt Street.

ICD Property and Singapore listed First Sponsor have won permission to extend Sydney’s City Tattersalls Club with a 50 level mixed-use tower.

The project will see the existing, 126 year old building refurbished with retail, restaurants, bars, lounges, event spaces, a wellness centre and co-working hub.

Part of this component will be re-occupied by the club which entered a partnership with Melbourne based ICD to redevelop the site in 2015.

The airspace will now make way for 241 apartments and a 101 room hotel.

The project was refused by the NSW Land and Environment Court on heritage grounds three years ago, but formally approved by the Central Sydney Planning Committee today.

“We have always been attracted to the Australian property market which has seen stable, long-term growth and a particular uptick in the residential sector within 18 months,” First Sponsor Group chief executive officer Neo Teck Pheng said of the group’s first Sydney project (story continues below).

“The City Tattersalls Club redevelopment was particularly appealing due to its location in what is arguably the most highly sought after real estate location in the whole of Australia, as well as the hands-on partnership with ICD Property whose collaboration and local knowledge has been extremely valuable to guiding this project forward,” he added.

Construction of the BVN Architecture designed tower is set to start next year, which is when the dwellings will be offered for public sale.

Fjmt will oversee the heritage aspects, the partners said.

The City Tattersalls Club – the oldest club in the country – has about 20,000 members.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of