Assets

Oxford Street will be dramatically transformed under a City of Sydney plan to turn the strip into a massive cultural and creative precinct, raising building heights and opening it to hundreds of millions of dollars of development.

“We’re breathing new life into the fabulous strip with innovative controls to support growth and diversity, protect heritage and character and promote both day and night-time economies – all while ensuring the development of cultural space, such as new basement bars and space for creatives” (Lord mayor Clover Moore).

AsheMorgan and our development partner TOGA Group have submitted a development application for the redevelopment of our mixed-use precinct on Oxford Street, to create 7,600 square metres of commercial floor space, a 75-room boutique hotel, and laneway retail space. Another 1,600 square metres of cultural and creative spaces will be developed.

“Our concept is to create a carefully crafted interplay between the beautiful turn-of-the-century heritage buildings and a new dynamic series of glass and metal forms that hover above”.

The City of Sydney has revealed its own plan to “rejuvenate” Oxford St. The council will lease three huge blocks along Oxford St to AsheMorgan.

A prominent collection of character buildings within a renowned urban village, closely connected to Sydney’s CBD.