Construction Steaming Ahead At Iconic Sydney House Mixed-use Landmark

Richard Crookes Constructions progresses to structural works marking the beginning of a new construction milestone of the 50-storey tower on Sydney House

Elegantly designed by acclaimed architects, BVN Architecture (for the tower and interiors), and FJC Studio (for the heritage podium), the project includes 241 premium residences atop of a 135-room boutique hotel.

"The installation of the site's third tower crane is now complete, marking a significant milestone in the project's delivery, which will see further efficiencies as we work through the structure, with the site's core reaching level 7 and structural slabs reaching level 3 by the end of May," he said.

"A significant and unique component of this project is the meticulous retention and protection of heritage elements, reflecting Sydney House's commitment to preserving its historic character while delivering a modern, world-class development that enhances the site's significance for generations to come.

"The site includes four different buildings, of which three will see significant heritage retention and restoration to both facades and key internal elements. So far, the heritage works on site have seen the retention of the remaining heritage fabric across key areas such as the façade elements, the Lower Bar, Sydney Room, Corinthian Room, and Billiard Room, which are all now fully secured and protected.

"These richly detailed spaces - each with architectural and cultural significance - have undergone careful salvation of heritage material, which will be preserved and reused in the completed building.

"The respectful integration of new structure with the historic core is central to the vision for Sydney House," Mr Hicks said.

"By preserving character-defining elements and embedding them into the future of the building, we're honouring the site's legacy while creating an enduring new chapter."

To mitigate the risks typically associated with complex heritage sites, the project adopted a proactive and multidisciplinary de-risking strategy.

This included:

• Comprehensive heritage impact assessments, structural investigations, and materials testing during early project phases

• Ongoing collaboration with heritage consultants and regulatory authorities to streamline compliance and approvals

• Adaptive and flexible design informed by detailed documentation, enabling seamless integration of services and structure with heritage elements

• Robust governance and program assurance to accommodate unexpected discoveries during demolition and restoration.

This forward-thinking approach has helped mitigate potential cost, schedule, and compliance risks, ensuring smooth project delivery while maintaining the architectural integrity of the site.

The project continues to track well against its program and promises to be a striking blend of heritage and innovation in Sydney's cityscape by 2027.

Rocks.

Representatives from First Sponsor and ICD Property echoed the sentiment regarding the development, noting that the project is well on track to becoming a new architectural icon for Sydney.

"Sydney House is more than just a building - it's a legacy project that reflects our shared vision for delivering a truly exemplary project befitting its CBD location, set within one of the city's most prestigious enclaves," said a spokesperson for the joint venture.

With its commanding position and considered design, Sydney House is poised to become a destination of choice for residents and visitors alike. The next phase of construction will see the tower core continue to rise, alongside internal fit-outs and façade installation, with completion expected in Q4 2027.

For further information or to register for interest, please visit sydneyhouseresidences.com.au or call 1800 775 055.

ENDS

Media Contact:

Libby Conway, The Capital Group, 0439 076 835, libby@capital.com.au Notes to editors:

First Sponsor Group Limited ("First Sponsor", and together with its subsidiaries, associated companies and joint ventures, "Group") is a public company listed on the Main Board of the Singapore Exchange Securities Trading Limited since 22 July 2014. The principal business activities of the Group are property development, property holding and property financing. The Group's property development projects include offices, retail, residential and hotel developments in the Netherlands, Australia and the People's Republic of China (the "PRC"). The Group's property portfolio comprises commercial properties (including hotels) in the Netherlands, Germany and the PRC. The Group provides property financing services mainly in the Netherlands, Germany, Australia and the PRC. The Group is supported by both its established key controlling shareholders, the Hong Leong Singapore group of companies, through its shareholding interests in City Developments Limited, and Tai Tak

Estates Sendirian Berhad, a private company with a long operating history, which was incorporated in Singapore in 1954.

https://www.1st-sponsor.com.sg/

ICD Property is an internationally renowned Melbourne-based residential, hotel and commercial property development group. With a long list of accolades in the categories of architecture, high-rise, urban development, innovation and sustainability, ICD Property is devoted to delivering exceptional and innovative projects. ICD Property has a strong global network and leverages its close

relationships with tier-one consultants to create beautifully designed buildings that help cities and communities grow and thrive.

https://icdproperty.com.au/

Richard Crookes Constructions (RCC) is an Australian, family-owned construction company with a proud legacy of delivering future focused social infrastructure.

Operational across NSW, QLD and the ACT, RCC delivers important projects across a broad range of sectors including health, education, commercial and residential. Working with clients, industry partners and local communities, RCC delivers projects for partners and those who will live, work and visit them for generations.

https://richardcrookes.com.au/