Patrick Campion, the Chairman of the City Tattersalls Club, has just announced the news the club has "received the green light on Stage 1 DA from City of Sydney for the iconic City Tattersalls Club redevelopment".
Mr Campion said in an email to club members: "In a landmark decision, ICD Property and our Club last night received envelope approval from the City Of Sydney Council’s Central Sydney Planning Committee for the Stage 1 Concept Development Application of our Club’s site.
"This includes approval of the Club’s proposal to build a 49-storey tower and a complete rejuvenation of the entire Club house. This has followed a long period of time working collaboratively with the City of Sydney Council and ICD Property."
The club recently opened a Business Lounge on its current top level, and I also recently interview on video the CEO of the City Tattersalls Club, Marcelo Veloz, which I have embedded at this end of this article.
Even without membership of the Business Lounge, the club has many places where members can meet and talk, enjoy a beverage or meals from a range of restaurants, as well as enjoying excellent Wi-Fi, where I have recorded speeds of over 100Mbps down and 140Mbps up, which is super fast compared to different clubs I've been to where the Wi-Fi speeds are 1.5Mbps ior slower.
Here is the video, after which is a transcript of Patrick Campion, followed by my video interview with CEO Marcelo Veloz:
Transcript of Partrick Campion (done via the Otter.ai app):
"Members, I have some wonderful and exciting news. Our club's application to develop its airspace has finally been approved.
"Last night, the City of Sydney Council gave Stage One consent to our club proceeding to realise our mixed use development. This has been a long journey.
"You will all recall that our previous application fell short of approval in the Land and Environment Court in 2017. We then went back to the drawing board with our joint venture partner ICD Property to work out exactly what was needed before submitting the new application.
"After almost three years of work involving local government representatives, our many consultants on the project and the formidable team at FJMT Architects, we now have our approval. This is fantastic news for our club.
"And I want to thank members for your patience and support over what has been a long, difficult but finally rewarding journey. Rewarding because this project promises to deliver members and the city, a first class newly renovated clubhouse across five levels, with everything you would expect from a premier club like ours, in Australia's very best location.
"Above the club, from levels six to 14, we plan on a 100-plus rooms premium quality hotel. Both the renovated clubhouse and the hotel will embrace a rich history, and our prominent standing in the Sydney CBD.
"Above the hotel will be 240 residential apartments. This residential component of the development together with the hotel, will form part of an international design competition in the stage two process, where some of the world's leading architects will be invited to develop concepts that will ultimately guide the construction of the tower development.
"From today, our team headed by our chief executive officer Marcelo Veloz, and Matthew Khoo, the managing director at ICD Property, will focus on progressing the stage two application which deals with all critical aspects including heritage, traffic management, impact assessment on neighbouring properties, environmental considerations, and engineering.
"Members, this is an early Christmas gift to our club. As you know, this development promises to secure our Club's future for the next 100 years and beyond.
"Congratulations and thanks to our great partners, and the many advisors who have helped make this all possible. Again, thank YOU for your patience and your support and may I take the opportunity to wish you all a very Happy Christmas. Thank you."
You read the SMH report here.
Here's my video interview from October 16 with City Tattersalls Club CEO, Marcelo Veloz: