Sydney’s Quay Quarter Tower wins prestigious international design award

Kylie O’Connor, Global Head of Real Estate at AMP Capital

Sydney’s Quay Quarter Tower (QQT) has been awarded the prestigious International High-Rise Award (IHA) in Frankfurt, Germany from a field of 34 projects representing 13 countries.

What is the International High-Rise Award?

The award, initiated in 2003 by the City of Frankfurt, Deutsches Architekturmuseum and DekaBank and awarded every two years, recognises development excellence in aesthetics, design, integration into its urban context, sustainability, cost-effectiveness and innovative technology. A €50,000 prize for the developer to donate to a charitable cause was awarded.

The award recognises the developer and architect. QQT was designed by Danish architects 3XN and developed in partnership with Australia practice, BVN. Its design comprises five shifting glass volumes stacked upon each other and punctuated by atrium space, delivering expansive views of Sydney Harbour while maximising natural light deep into the floorplates.

3XN accepted the award and a statuette by renowned artist Thomas Demand at the formal prizegiving ceremony in Frankfurt’s famous Paulskirche. QQT will now feature in an exhibition at Museum Angewandte Kunst, Frankfurt from November 2022 until February 2023.

Quay Quarter Tower is jointly owned by Dexus Wholesale Property Fund, Mirvac Wholesale Property Fund and Rest Super. AMP Capital uniquely transformed an existing 45-year-old, 45,000 square metre NLA office building into an 89,000 square metre NLA world-class, highly sustainable commercial tower, and retail podium providing customer experiences.

What does the recognition mean for stakeholders?

Kylie O’Connor, Global Head of Real Estate at AMP Capital said it was an outstanding achievement for QQT to be recognised with this award by an esteemed international panel of experts. “Quay Quarter Tower is a transformational building within a broader precinct undergoing a complete revitalisation. Over AUD$6 billion has been invested so far in a range of projects across Sydney’s waterfront gateway Circular Quay to rejuvenate the precinct.”

“QQT is the pinnacle of this revitalisation and is destined to be a Sydney CBD icon for generations on a domestic and international scale. We are all very proud of QQT – the design by 3XN architects, its structural engineering and sustainability credentials and its significant impact on the Sydney skyline – and we thank the jury for recognising the magnitude of QQT.”

“The team at AMP Capital which worked with 3XN over a 10-year period to deliver this project should be proud of the building itself and all that it is standing for on the global stage.”

Michael Sheffield, Fund Manager of Dexus Wholesale Property Fund (DWPF) said QQT is a global landmark. “As a co-owner of QQT, we are pleased to have played a role in creating a global landmark that is acknowledged as one of the world’s great high-rise buildings.”

Mirvac Fund Manager, Tom Green said, “We’re delighted to see QQT recognised as the leading office asset that it is, which will continue to be a place where people are drawn to work.”

Simon Esposito, Deputy Chief Investment Officer, Rest commented: “Rest members can now say they have an interest in an internationally recognised Sydney landmark. This is welcome recognition for Quay Quarter Tower, which is expected to provide Rest’s 1.9 million members with strong net returns and a secure income stream over the foreseeable future.”