Skye by Crown construction commences

Skye by Crown construction commences
Skye by Crown construction commences

Looking to revitalise North Sydney, an area normally known for its businesses rather than its residential opportunities, Skye by Crown’s construction has officially commenced at 211-223 Pacific Highway.

Crown Group, who are developing Skye by Crown, are looking to make the development one of the most iconic apartment buildings in North Sydney, with design by renowned architect Koichi Takada.

The 20-storey building, with 242 apartments, will also include a top-floor gym, an infinity edge rooftop pool and views over the area.

To date, more than $200 million of apartments have been sold, including two penthouses – sold for $3.38 million and $3.465 million.

Earlier this month, CEO of Crown Group, Iwan Sunito, and North Sydney Mayor, Jilly Gibson, attended the turning of the first sod, marking the beginning of construction. This was after the first stage of demolishing a pre-existing office building, symbolic of the change they want to see.

Skye by Crown construction commences

“Skye by Crown has been an exceptional project from the start – from the first stages of development and design selection through to one of the most successful sales launches in Crown Group’s history,” said Sunito.

They are now selling the last 13 apartments in the building, that will be completed within two years.

Gibson said that there is an effort to renew the area.

“Developments such as this cement North Sydney’s status as a growing commercial and residential district,” said Gibson.

“Skye by Crown will be home to hundreds of new North Sydney residents and will provide new eateries and retail outlets when completed in 2016,” she said.

The $236 million development launched in June. The final apartments selling include a one-bedroom apartment with study for $990,000. Two-bedrooms from $1.09 million are also available, as well as a final penthouse – a three-bedroom offering at $2.755 million.

Jennifer Duke

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

Tags: 
New Developments Sydney Crown Group

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