55 Clarence Street is a 22-storey, multi-tenanted, B-Grade commercial office building with three levels of basement car parking and 17 floors of commercial office space. The building has 14,887m2 of NLA and is located on the corner of Clarence and Margaret Streets and offers easy pedestrian access to Wynyard train station, Barangaroo and Darling Harbour.
EVC was appointed as Project Manager, acting on behalf of the Development Manager (Artifex Property) to assist the ownership team with the development and implementation of an upgrade strategy for the asset, to maximise the income given the buildings key location in the Sydney CBD.
The key features of the staged whole- building upgrade include:
Due for Completion: Mid 2020
Value: Approx. $12 million
Client: Artifex Property / Zone Q Investments
Architect: Gray Puksand