88 Christie Street
A multi-site consolidation and planning strategy that repositioned a St Leonards holding for substantial mixed-use value creation.
Location
St Leonards, NSW
Asset Type
Mixed-use development site
Planning Scale
18 storeys / 31,000 sqm commercial
Outcome
$175M sale to Dyldam
Strategic consolidation with major planning uplift.
88 Christie Street demonstrates the value created when site control, planning strategy, and market timing align.
Planning-led value creation
The 88 Christie Street opportunity centred on consolidating multiple adjoining sites and using planning strategy to create a more valuable development proposition.
The project evolved from site assembly through mixed-use rezoning and approval, culminating in a major sale outcome.
Five sites were progressively consolidated to create the scale required for a more ambitious mixed-use development outcome.
The consolidation strategy provided the control and flexibility needed to pursue a planning pathway with significantly greater value potential.
The planning strategy secured approval for substantial commercial and residential potential, including a later approval for 777 apartments.
The project was ultimately sold to Dyldam for $175 million, crystallising the planning-led value uplift.
Project imagery
A visual snapshot of the project and its built outcome.