First look exclusive: JDH Capital plot $183 million Sir Stamford Hotel redevelopment on Sydney's Macquarie Street

Developer JDH Capital has had a penchant for Circular Quay in the last few years.

In 2019 the Jean-Dominique Huynh-led group bought the Sirius building in The Rocks, the brutalist building near the Harbour Bridge that was designed by Harry Seidler and built in 1980.

Now they're approaching completion of the internal reconfiguration, they're onto their next project in the area.

Two years ago the group spent $210 million on the Sir Stamford Hotel at 93-97 Macquarie Street. Over the last two years they've been putting together plans to create a mixed-use building that will befit the location at the tip of Sydney's most historic street.

Now they've finalized the $183 million plans, submitted to the City of Sydney Council this month which will see the 1988-built hotel demolished to make way for a striking 15-level glass tower with commercial, retail, and luxury apartments.

BVN was given the architectural reigns after the jury at the City of Sydney Design Excellence Competition voted unanimously for their design in early 2023.

There had been a concept development application with designs by Kann Finch approved in 2020 

BVN said in the Architectural Design Report the proposal has been considered in response to both its pre-colonial and landscape context and within the context of the colonial and contemporary city.

"Consideration of place has included the topography, geology, hydrology, the history of its human occupation and the many contexts that affect the future of this site.

"Its prominent elevated position on a ridge line straddling two bays (Sydney Cove and Farm Cove) gives this site a unique prospect and a sense of permanence in comparison to the changing tidal flats alongside it. The proposal responds and contributes to this context with references to the sandstone escarpments - that for a long time have harboured dwelling - embedded in the aesthetic, material and sculptural qualities of the proposal."

Part of the development of the 1,612 sqm site, which sits in the Macquarie Special Character area defined in the Sydney LEP 2012, will include the restoration of the heritage-listed Health Department Building that dates back to 1896. That was designed by Government architect Walter Liberty Vernon.

"The proposal celebrates the Health Department building- enabling new uses and a new engagement with the city," BVN said.

"Openings and entries in the new building borrow from those in the existing building, particularly along Macquarie Street where the arched form of the Health Department Building entry is re-imagined to mark entry into the carved sandstone podium of the new residential building."

A restaurant will occupy the lowest level of the building, with a cafe to be located on the ground floor. The two levels above will home office suites.

BVN has worked alongside Bates Smart on the apartment layouts and interiors. Winter gardens will extend the living spaces, positioned largely at the building corners of the apartments to maximise views.

The 69 apartments will be spread across 10 residential levels in the new structure.

Proposed are 33 three and four-bedroom apartments, 30 two-bed apartments, five one-beds and a single studio. Level 15 will home a full-floor penthouse.

A communal area will be located on level seven. An indoor resident lounge will open onto a terrace atop the Macquarie Street podium and offer views toward the Royal Botanic Gardens and the Opera House.

There will be a new public outdoor connection that BVN says is a "significant contribution to the city." Landscaping has been handled by Dangar Barin Smith.

Aside from the Sirius building in The Rocks, JDH Capital has also been developing Nautique, the first large-scale apartment development in Rushcutters Bay in well over a decade.