Thursday April 10, 2014 – North Sydney’s transformation from weekday business hub to thriving residential village has stepped up a gear as an iconic apartment development breaks ground.
Skye by Crown the latest development from Sydney-based property developer Crown Group, set to become one of North Sydney’s iconic apartment buildings, officially commenced construction after a ground breaking ceremony held today.
Designed by Japanese-Australian architect Koichi Takada, the 20-storey building will feature 242 apartments, an expansive foyer, ground-floor retail outlets, a top-floor gym and infinity-edged rooftop pool with stunning views over North Sydney.
More than $200 million worth of apartments at Skye by Crown have been sold since its launch last year, including a penthouses sold for $3.38 million and $3.465 million.
Crown Group CEO Iwan Sunito together with Mayor of North Sydney Jilly Gibson turned the first sod on site.
The successful demolition of a pre-existing office building paved the way for construction of Skye by Crown to begin on schedule.
Crown Group CEO Iwan Sunito said the company’s vision for Skye by Crown was to create an icon in Sydney for decades to come.
“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,”
“The public response to Skye by Crown exceeded our expectations,”
“We are excited to mark this important moment for Crown Group as construction starts today here at Skye by Crown,”
“Skye by Crown will set a new benchmark in city living,” Mr Sunito said.
The final 13 apartments are now selling.
“With just two years to completion, Skye by Crown offers a great investment for our buyers,” Mr Sunito added.
Skye by Crown’s architectural elegance and close proximity to quality schools, shops and North Sydney train station, struck a chord with buyers, with more than 100 apartments sold within a week of launch.
Mayor of North Sydney, Cr Jilly Gibson said Skye by Crown will add significantly to the urban renewal of the suburb.
“Developments such as this cement North Sydney’s status as a growing commercial and residential district,” Cr Gibson said.
“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,” Cr Gibson said.
“I look forward to seeing Skye by Crown join our skyline.”
“Importantly, projects like this add to works already underway to make North Sydney a better place to live and work,” Cr Gibson said.
The building’s design captures views over North Sydney and Sydney’s CBD, one of many features which set it apart from other new developments in the area.
Since launching in June, the $236 million luxury residential development has attracted hundreds of enquires from investors and owner-occupiers eager to secure an apartment in the exciting new development.
A limited selection of apartments are now selling including a one-bedroom-and-study apartment for sale for $990 000, two-bedroom apartments from $1.09M and a three-bedroom penthouse for sale for $2.755M.
Skye by Crown is located at 211-223 Pacific Highway North Sydney, close to shops, transport and major employment hubs.
Visit the Skye by Crown display suite:
233 Pacific Highway, North Sydney
Open seven days from 10am-4pm
Ph: 1300 723 595
Available for a limited number of interviews:
Crown Group CEO Iwan Sunito
Media enquiries and interviews:
Kate Prideaux, Communications Manager
(02) 9925 0088 or 0401 863 436
Dominique Kuhne, Communications Coordinator
(02) 9925 0088 or 0433 887 449
About Crown Group
Crown International Holdings Group (Crown Group) is a leading Australian property group, active in property development and property investment in Sydney.
The company was co-founded by architect Mr Iwan Sunito and engineer Mr Paul Sathio in 1996.
Iwan Sunito graduated with Bachelor of Architecture (Hons) and Master of Construction of Management from University of NSW. In 1993 Iwan became a Registered Architect in NSW and was awarded the UNSW Eric Daniels award for excellence in residential design.
Paul Sathio graduated with a Bachelor degree in Civil Engineering from University of Technology Sydney (UTS) and a Masters of Engineering Science from University of NSW. Paul has more than two decades’ experience in the construction and development industry.
Crown Group was recently awarded the Urban Development Institute of Australia (UDIA) NSW President’s award – considered one of the highest property development accolades in Australia – for its resort-style development Top Ryde City Living.
Top Ryde City Living was also named best High-Density Development in NSW and ACT at the UDIA NSW awards for excellence 2013 and a Master Builders Association Excellence in Housing award 2013.
Crown Group’s innovative, waterfront development Sanctum by Crown was awarded a Master Builders Association Excellence in Housing award 2012 and its hugely-successful ICON at Homebush was awarded HIA’s (Housing Industry Association) CSR Housing Awards 2007 Apartment Project of the Year.
Since the company was founded 17 years ago, Crown Group has successfully completed major developments in Sydney’s best locations including Bondi, Bondi Junction, Parramatta, Ashfield, Epping, Homebush, Newington, Pennant Hills and Rhodes.
Today, Crown Group boasts a $3 billion portfolio of projects under development and in the pipeline and is currently developing four major projects, Top Ryde City Living, a seven-tower development in Top Ryde, Viking by Crown, a 10-storey residential complex in Waterloo, V by Crown, a 29-storey residential tower in Parramatta and Skye by Crown a 20-storey development in North Sydney launched in June 2013.
Crown group launched Viva by Crown, the final stage of Top Ryde City Living in August and will launch Sydney by Crown in the heart of Sydney’s CBD in 2014.
www.crowngroup.com.auDownload the original article