275 new apartments proposed for Alfred Street, North Sydney

13 February 2026

A section of Alfred Street is facing a significant shake-up with proposals lodged for two substantial mixed-use towers, potentially converting existing commercial spaces into hundreds of new apartments.

A proposal for 271-273 Alfred St involves the demolition of the current three-storey commercial building on the site to make way for a 37-storey mixed-use development. This tower is slated to feature commercial and retail space across the first two levels, with approximately 100 apartments (including affordable units) planned for levels 3 through 36. The design also incorporates ten levels of basement car parking and associated storage areas.

To proceed, the project requires rezoning changes, including a shift from Commercial Centre to Mixed Use, as well as amendments to the maximum building height and the maximum affordable residential floor space ratio.

In a related move, the neighbouring site at 275 Alfred Street is also the subject of a development proposal. Plans are underway to demolish the existing 20-storey commercial office and construct a 39-storey mixed-use tower. This proposal is even larger on the residential front, featuring 175 apartments. Like its neighbour, this project is currently under consideration through the NSW Government’s State Significant Development process.Read about the 275 Alfred St proposal here:https://northsydneysun.com.au/business-property/north-sydneys-bayer-building-slated-for-major-transformation/