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Mar
6
2018

SYDNEY’S NEW MANHATTAN-STYLE TOWER REACHES HIGHEST POINT

(Sydney, Australia) Thursday, March 8, 2018 – Sydney’s long-awaited ‘Arc by Crown Group’ has reached its highest level of construction. 

Positioned in the heart of Sydney’s CBD, Sydney’s new Manhattan-style landmark 22-storey, $250-million tower Arc by Crown Group reached its highest level of construction this week.

Crown Group Chairman and Group CEO said it was an important milestone for the company in 2018.

“We are incredibly excited to mark the ‘topping out’ of the long-awaited global icon Arc by Crown Group,” Mr. Sunito said.

“Arc by Crown Group mirrors the dynamic, optimistic and ambitious nature of Sydney, where the past and the future combine to create a vibrant, international city.

“This jewel in the crown of the Sydney CBD embodies all that Crown Group stands for. This architectural masterpiece will not only change the face of Sydney, but will set the new standard for inner city luxury living,” he added.

Designed by internationally acclaimed Koichi Takada Architects, the residential tower features 220-apartments, retail outlets and resort-style health and fitness facilities including a swimming pool, gymnasium, and a rooftop garden with water features.

The 25-storey building features heritage-inspired street level brick arches transitioning to a striking glass-and-steel tower and striking curved fins rising from the building’s rooftop. The unique arches will envelope the tower’s rooftop garden, foaming a striking addition to Sydney’s skyline.

Lower levels include an eight-story cathedral-like atrium rising 20 metres above street level over a new public laneway between Kent and Clarence streets, joining historic Skittle Lane.

The design was selected by an independent panel with members from local government during a City of Sydney design competition.

Arc by Crown Group was awarded Best Residential Development at the International Property Awards in Singapore in 2015.

Crown Group Director of Sales Roy Marcellus said Arc by Crown Group captured the attention of the world.  

“Arc by Crown Group is set to become one of Sydney’s architectural centerpieces, a globally recognised icon,” Mr. Marcellus said.

“Many of our buyers are past purchasers of Crown Group apartments, a testament to our reputation and quality of our developments.

“High-quality apartments built by developers with a good track record in Sydney are always highly sought after,” Mr. Marcellus added.

More than 500 eager property buyers flocked to Crown Group’s 1 Market Street display suite from 8am on the official launch day in 2014, with $100 million of apartments sold within four hours and a total of $173 million by the end of the day.

Mr. Marcellus said the lifestyle and location of Arc by Crown Group made it one of the Sydney’s most sought-after developments, within easy walking distance to some of the Sydney’s most established attractions including Barangaroo and soon to be completed additions such as Darling Square and the upcoming $1.6 billion casino Crown Sydney.

When completed in mid-2018, Arc by Crown Group will offer 220 studio, one, two and three-bedroom apartments built to the highest standards.

Crown Group this month introduced Arc by Crown Group’s Signature Collection, a limited selection of previously unreleased luxury apartments. It features an exclusive selection of a limited number of one-bedroom-plus-study apartments and a ‘Super Penthouse.’ Prices for one-bedroom apartments range from $1,075,000 – $1,490,000.

For more information on apartments for sale please visit www.crowngroup.com.au or call 1800 101 138. 

ENDS

 

Media Interviews:

Crown Group Chairman and Group CEO Iwan Sunito and Crown Group Director of Sales Roy Marcellus are available for a limited number of interviews on request.

Editor’s Note

Images and video are available upon request including artist impressions, launch videos and computer- animated ‘fly-through’ footage of selected Crown Group developments.

Media Enquiries:

Kate Prideaux, General Manager of Communications & Public Relations

(02) 9925 0088 or 0401 863 436
kateprideaux@crowngroup.com.au

Lina Guo, Communications Executive
(02) 9925 0088 or 0429 459 510
linaguo@crowngroup.com.au   

About Crown Group

Crown Group Holdings (Crown Group) is a leading Australian property group specialising in property development, property investment and serviced apartments.

The company was co-founded by architect Mr Iwan Sunito and engineer Mr. Paul Sathio with its first project in 1996.

Iwan Sunito graduated with Bachelor of Architecture (Hons) and Master of Construction 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.

In recent years Iwan received a number of awards including Indonesia’s Property & Bank Magazine Golden Leadership Award 2013, the 2013 Congress of Indonesian Diaspora Entrepreneur award and named a winner in the 2013 Ernst & Young Entrepreneur of the Year Awards. Iwan Sunito was also named Urban Taskforce Australia’s 2015 Property Person of the Year.

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.

Past and recent projects

Since the company was founded in 1996, 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 and most recently the 28-storey V by Crown Group in Parramatta. Today, Crown Group boasts a large portfolio of projects under development and in the pipeline and is currently developing three major projects; Infinity by Crown Group in Green Square, a 22-storey residential tower Arc by Crown Group in the heart of Sydney and Waterfall by Crown Group in Waterloo.

Awards

Crown Group has been awarded more than 20 high-profile industry awards including the 2016 International Property Awards Best Residential High Rise Architecture Australia for V by Crown Group Parramatta, 2015 Master Builders Australia (MBA) NSW Excellence in Construction Awards for Viking by Crown Group Waterloo and 2014 Urban Development Institute of Australia (UDIA) NSW President’s award – considered one of the highest property development accolades in Australia – for the seven-tower, resort-style development Top Ryde City Living.

Top Ryde City Living was also named best High-Density Development in Australia at the UDIA awards for excellence 2014 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.

Skye Hotel Suites

Crown Group launched its first Skye Hotel Suites in Parramatta in August 2017 with a second hotel to open in Sydney CBD in mid-2018.

Future launches

Crown Group will launch Eastlakes Live by Crown Group, a new project in Sydney’s Eastern Suburbs in 2018.

 www.crowngroup.com.au

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