09 Nov 2017
Global property developer the Wanda Group has officially unveiled its vision for One Circular Quay, a large-scale, mixed-use development located on Australia's famed Sydney Harbour that will transform the city's skyline and usher in a new era of luxury residences and accommodations.
Developed by Wanda One Sydney, the project will encompass two adjacent towers. The first is a 59-storey residential tower, One Circular Quay, with a planned 190 apartments of unprecedented luxury. The second tower is a 28-storey high-rise that will house a 5 star, 181-key Wanda Vista Hotel – the first new 5-star hotel project to be built on Circular Quay since 1998. At the base between the two towers will be a carefully detailed 518 square metre (5,576 square foot) area designed as a cultural revitalisation of public space, including boutique high-end luxury retail and public art spaces.
With unparalleled views of iconic landmarks including the Sydney Opera House, the Harbour Bridge, the blue harbour waters and beyond, One Circular Quay's position marks the most historically significant and visually stunning part of Sydney. Circular Quay is the site of the first European settlement in Australia and, today, is the gateway to one of the world's most contemporary and cosmopolitan cities. With its prime harbourside location, One Circular Quay sits on the northern edge of Sydney's Central Business District, and is minutes from the cultural attractions of the world-renowned Opera House, the Museum of Contemporary Art Australia, and the city's luxury high-end retail and fine-dining precincts.
The elegant and refined design of the One Circular Quay tower reflects Wanda's rare and exclusive offering. These are the most luxurious residential apartments ever offered in Sydney and provide residents with the opportunity to invest in a once-in-a-lifetime acquisition in a Global Prime City*. An apartment within One Circular Quay is destined to become a family heirloom to be passed down through generations that will strengthen in value as Sydney continues to be ranked amongst the highest in the world in regards to liveability, innovation and economy. Leading the revitalisation of Circular Quay with this development, the Wanda Group recognises the burgeoning evolution of Sydney from a Global Prime City into one of the world's Super Prime Cities.
Wanda is offering One Circular Quay as the most outstanding offering in this unique position, with the value of the residences to set a new benchmark for Australian property. It is on a par with super prime property developments such as New York's One Hundred East Fifty Third and One57; London's One Hyde Park and Chelsea Barracks; Hong Kong's Opus and 39 Conduit Road; and Singapore's The Marq and Le Nouvel Ardmore.
In addition to Sydney's iconic new development, the Wanda Group is expanding its international portfolio to include luxury mixed-use developments across world-class cities such as London's One Nine Elms; Beverly Hills' One Beverly Hills; Chicago's Vista Tower; and Istanbul's Wanda Vista Istanbul; as well as The Jewel Residences on Australia's Gold Coast.
Designed by world-renowned architecture firm Kerry Hill Architects, the One Circular Quay residential tower will be positioned to the northeast to maximise the iconic views of the Sydney Opera House and the Harbour Bridge. Constructed using sandstone and glass, the tower's façade will directly reference the historical materials of the neighbouring precincts, such as The Rocks and the CBD's Financial District. The interior design will create a serene and elegant environment to complement the sophisticated architecture, using a colour palette of champagne, chocolates and creams with accents of gold, bronze, marble and finely crafted timbers. Floor-to-ceiling windows offer residents a light-filled sanctuary with unparalleled vistas of the Sydney cityscape.
Sydney-based PTW Architects lead as Executive Architects for the entire project, while the 28-storey Wanda Vista Hotel tower is being designed by Australia's Crone Architects, in collaboration with globally renowned architects Kengo Kuma & Associates from Tokyo, Japan.
CBRE is the global selling agent for One Circular Quay residences.
One Circular Quay is located at No. 1 Alfred Street, Circular Quay. Demolition commenced in late March 2017, with construction completion planned for mid-2022. The One Circular Quay sales gallery debuts this month.
-Ends-
* Sydney placed #6 in independent global property consultancy Knight Frank's Prime Global Cities Index – Q1 2017, a ranking of prime residential prices across 41 global cities, achieving 10.7% price growth in the year to March 2017.
** Sydney placed #17 in consultancy firm A.T. Kearney's 2017 Global Cities Annual Report. The Global Cities Index examines the current performance of cities based on 27 metrics spanning five critical dimensions: business activity, human capital, information exchange, cultural experience, and political engagement.
PRESS ENQUIRIES
Susie Westwood , Managing Director, The Brandman Agency, Sydney
Tel: +61 2 9299 6448 M: +61 416 109 160 susie@brandmanpr.com
Kirsten Magen, Senior Vice President, The Brandman Agency, New York
Tel: +1 212 683 2442 M: +1 917 488 2742 kirsten@brandmanagency.com
Jill De Santis, Account Executive, The Brandman Agency, New York
Tel: +1 212 683 2442 jill@brandmanagency.com
SALES ENQUIRIES
Madelaine Lundgren, Sales & Marketing Director, Wanda One Sydney Pty Ltd
Tel: +61 (02) 8223 2109 or email: madelainelundgren@wanda.cn
Justin Brown, Chairman, CBRE Residential Projects
Tel: 131 110 or email: Justin.brown@cbre.com.au
Note to editors:
About Wanda
Wanda Group was established in 1988 and has developed into a conglomerate of commercial properties, culture, Internet and finance. It ranked 385th on the Fortune Global 500 List in 2015. In 2016 its assets amounted to 796.2 billion yuan with operating revenue of 255 billion yuan. By 2020, Wanda Group aims to become a world-class multinational corporation with assets of US$200 billion, market capitalisation of US$200 billion, revenue of US$100 billion and net profits of US$10 billion.
About Kerry Hill Architects
Kerry Hill, AO, is the Principal of Kerry Hill Architects. During his career, Kerry has received many distinguished design awards, such as the Royal Australian Institute of Architects (RAIA) Gold Medal. In 2012, he was made an Officer in the General Division of the Order of Australia (AO), two years after receiving The Singapore President's Design Award for Designer of the Year. Kerry has realised a number of luxury Aman Resorts around the world in addition to Genesis in Singapore; The Datai Langkawi Resort, Malaysia; and Como The Treasury hotel, Perth, to name just a few.