WATCH: 4 projects that could change North Sydney’s skyline forever

14 July 2025

 

As one of Sydney’s biggest CBDs, and with new metro stations in North Sydney and Crows Nest, the North Shore is set for significant development. The NSW Government is fast-tracking housing projects, including many State Significant Projects in the area.

This video highlights 4 key developments on the North Shore that are set to redefine the skyline:

MLC Building, North Sydney: Investa’s $354m plan aims to transform the landmark MLC Building into a major new university campus. This heritage-sensitive proposal includes a 22-storey structure, accommodating 5,740 students and staff, and public domain upgrades. Learn about the complex planning history and the dual development applications.

Read the full story here: https://northsydneysun.com.au/business-property/investa-prepares-354m-plan-to-transform-north-sydneys-mlc-building-into-new-university-campus/

Bayer Building, North Sydney: The existing 20-storey Bayer Building is set for a $195m transformation into a 39-storey mixed-use development by HDA Housing. This project will feature approximately 175 residential apartments, retail, commercial space, and 15% affordable housing.

IBM Building, 601 Pacific Highway, St Leonards: Stockland proposes a 52-storey mixed-use tower to replace the IBM Building. This development will include 507 apartments (5% affordable housing), retail, and commercial spaces, leveraging its prime proximity to public transport. Discover why commercial office space is declining in St Leonards/Crows Nest.

Read the full story here: https://northsydneysun.com.au/business-property/st-leonards-ibm-building-set-to-be-replaced-with-mixed-use-tower/

Zurich Building, 5 Blue Street, North Sydney: The NSW Housing Delivery Authority plans to replace the 14-storey Zurich building with a 29-storey mixed-use development featuring approximately 400 residential dwellings. This project aims to deliver high-density housing above North Sydney Railway Station and anchor major precinct renewal.

Read the full story here: https://northsydneysun.com.au/business-property/zurich-building-redevelopment-to-anchor-major-north-sydney-renewal/