New South Wales
Adaptive reuse project at the heart of Sydney’s CBD.
86 years after its grand opening, 75-77 Pitt Street, the former Royal Exchange Assurance Building continues to push boundaries for the future of CBD office towers.
The Sydney branch of the Royal Exchange Assurance Building, is an iconic modernist building. Originally designed by Melbourne-based modernist architectural partnership of Seabrook and Fildes, it is an innovative twelve-storey building of Inter War Functionalist style. As the first full glass façade building and “Modernist style high-rise building” in Sydney, it holds a particular significance as a turning point in Australia’s architectural history, indicating the arrival of the international high-rise office in Sydney.
The project flags the future of adaptive reuse for the longevity of Sydney. Integrating the heritage of the city to create inspiring modern spaces, practical to contemporary requirements.
The building was purchased as part of a CBD portfolio valued at $142,000,000.00. With an expenditure of $8,000,000.00 the building has increased in value to $65,000,000.00.
The building is eligible for the Heritage Floor Space Scheme fund of approximately $2,064, 510.00.
The alternative demolition and replacement would have required an additional expenditure of $15,000.00 and the value of the building would not have reflected this increase.Wiltshire International is committed to sustainable projects and heritage. Once made aware of the importance of the building by Heritage Architects, Architectural Projects, we embraced owning one of Sydney’s iconic modernist buildings.
The Australian Institute of Architects acknowledges First Nations peoples as the Traditional Custodians of the lands, waters, and skies of the continent now called Australia.
We express our gratitude to their Elders and Knowledge Holders whose wisdom, actions and knowledge have kept culture alive.
We recognise First Nations peoples as the first architects and builders. We appreciate their continuing work on Country from pre-invasion times to contemporary First Nations architects, and respect their rights to continue to care for Country.
