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Sydney Skyline from Darling Harbour.
More than 18 major office buildings will be replaced in Sydney’s CBD in the next two years, reports the Australian Financial Review.
According to JP Morgan Analysts this equates to 325,000 square metres of office space that Sydney will lose, a number that hasn’t been seen since 1970.
The withdrawal of the office towers is to make way for Australia’s biggest wave of high-rise apartment redevelopment in four decades.
Gold Fields House, Hudson House and the former Coca-Cola Amatil building at Circular Quay are among the key landmarks that will be demolished. Original public domain image from Flickr
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