Gold Fields House
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Gold Fields House was a high rise office block in the
Sydney central business district The Sydney central business district (CBD) is the historical and main Central business district, commercial centre of Sydney. The CBD is Sydney's city centre, or Sydney City, and the two terms are used interchangeably. Colloquially, the CBD or c ...
on the corner of Alfred and
Pitt Street Pitt Street is a major street in the Sydney central business district in New South Wales, Australia. The street runs through the entire city centre from Circular Quay in the north to Waterloo, although today's street is in two disjointed sec ...
s. Completed in 1966, it was one of the earliest high rise buildings in Sydney. The tower of 27 storeys was designed by Peddle, Thorp and Walker "as a balance to the AMP Building" constructed four years earlier in 1962 at the other end of
Circular Quay Circular Quay is a harbour, former working port and now international passenger shipping port, public piazza and tourism precinct, heritage area, and transport node located in Sydney, New South Wales, Australia on the northern edge of the Syd ...
. Together they created a "gateway" to the city of Sydney. It was sold for redevelopment in 2014 and demolished in 2017/2018.


Construction

Gold Fields House was built for
Consolidated Gold Fields Consolidated Gold Fields was a British gold-mining company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Hanson in 1988. History Consolidated Gold Fields of South Africa was fou ...
by a joint venture of Mainline, Dilingham and Haunstrup. It contained 4,000 tons of structural steel and took two years to complete. The steel frame had cellular steel floors topped with concrete. Its precast concrete panels were supported at floor level and span between the structural columns. Glass mosaic tiles face the external columns. Marble was used in the columns and floor of the foyer. Construction progress was recorded in a series of drawings by Sydney artist
Unk White Cecil John White (1900 – March 1986), known under the pen name 'Unk' White, was an Australian cartoonist born in Auckland, New Zealand. White came to Sydney in 1922 with the artists Joe and Guy Lynch and was soon immersed in the bohemian sce ...
after making on site sketches at regular intervals. In June 2006, Gold Fields House was sold by
Multiplex Multiplex may refer to: * Multiplex (automobile), a former American car make * Multiplex (comics), a DC comic book supervillain * Multiplex (company), a global contracting and development company * Multiplex (assay), a biological assay which measur ...
to Valad Property Group. In 2011 Valad announced stated in its March quarter update on Thursday that the Sydney Local Environment Plan 2005 (Amendment No. 2), which was previously approved by the
Sydney City Council The City of Sydney is the local government area covering the Sydney central business district and surrounding inner city suburbs of the greater metropolitan area of Sydney, New South Wales, Australia. Established by Act of Parliament in 1842, th ...
, has been gazetted by the government. Valad targeted Asian investors for a much taller tower.


Sale and demolition

In January 2015, Valad sold the property to Chinese investors
Dalian Wanda Group Wanda Group (), or the Dalian Wanda Group (), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. It is a private property developer and owner of Wanda Cinemas and the Hoyts Group. With invest ...
. The purchasers also bought neighbouring the Fairfax House at 19-31
Pitt Street Pitt Street is a major street in the Sydney central business district in New South Wales, Australia. The street runs through the entire city centre from Circular Quay in the north to Waterloo, although today's street is in two disjointed sec ...
and The Rugby Club at 31A Pitt Street and consolidated the three blocks on which it is expected that two new towers – one a high rise hotel, and the other a luxury 57-storey apartment complex – will be built. It is planned that the adjacent Alfred, Pitt, Dally and George Streets will be integrated into an overall design that relates to Circular Quay Tower, the Public Square, 200 George Street, and the connecting laneways. The name given to the new development was "Sydney One". Demolition began in October 2017 amid reports that the Wanda Group would sell the property to reduce its debt load per the demands of Chinese regulators. The sale by Wanda to Huang Jiquan, the son of Chinese political donor Huang Xiangmo, was announced to the
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
on 29 January 2018. The involvement of Xiangmo's young son (recent graduate Huang Jiquan) and son-in-law (Evan (Xiaozhi) Luo) was reported to be part of a family succession plan. On the morning of 13 February 2018, a fire engulfed the site.
Gas cylinder A gas cylinder is a pressure vessel for storage and containment of gases at above atmospheric pressure. High-pressure gas cylinders are also called ''bottles''. Inside the cylinder the stored contents may be in a state of compressed gas, vapor ...
s exploded and fire crews had to remove others to prevent more explosions.


Replacement

Construction of One Circular Quay - a new residential tower with an expected height of 197 metres (646 ft) - on the former Gold Fields House site was originally due to begin in 2019 but never eventuated. In July 2022, the site was sold to
Lendlease Lendlease is a globally integrated real estate company that creates and invests in communities, workplaces, retail, and infrastructure projects, headquartered in Barangaroo, New South Wales, Australia. History Founding The company was establ ...
and
Mitsubishi Estate is one of the largest real-estate developers in Japan and is involved in property management and architecture research and design. As of 2018, Mitsubishi Estate has the most valuable portfolio in the Japanese real estate industry, with a total ...
, who will develop it into two towers: one residential tower and the other tower the first ever
Waldorf Astoria The Waldorf Astoria New York is a luxury hotel and condominium residence in Midtown Manhattan in New York City. The structure, at 301 Park Avenue between 49th and 50th Streets, is a 47-story Art Deco landmark designed by architects Schultz ...
hotel in Australia, designed by
Kerry Hill Architects William Kerry Hill AO (19 June 1943 – 26 August 2018) was a Singapore-based, Australian architect who specialised in hotel design in tropical Asia. His works were known for their features of steeply-pitched pavilion roofs, shaded walkways, ...
and Kengo Kuma and Associates respectively.


References


External links

{{commons category-inline Buildings and structures in Sydney Buildings and structures demolished in 2018 Office buildings completed in 1966 1966 establishments in Australia 2018 disestablishments in Australia Demolished buildings and structures in Sydney