Renzo Piano's residential apartments at Barangaroo's exclusive new address, One Sydney Harbour

Renzo Piano will design the next stage of residential apartments at Barangaroo's new address, One Sydney Harbour, three high-rise towers.

After a globally competitive bid process, the Renzo Piano Building Workshop will undertake the firm’s second project in Australia.

The first was Sydney’s award-winning office and residential towers Aurora Place, developed by Lend Lease in 2000.

“A city development of three luxury residential highrise towers in such a location is, in this climate, a rare opportunity," Renzo Piano said.

"Our vision is to design three buildings with a gentle presence in the cityscape and in dialogue with the harbour waters and Barangaroo waterfront.”

Lend Lease’s Barangaroo South managing director Andrew Wilson forecast One Sydney Harbour will be an iconic Australian address.

It is likely there will be about 750 apartments on offer.

The apartments will be the second residential release at Barangaroo South. The first 159 apartments in the two waterfront buildings Anadara and Alexander sold out within 3.5 hours of launch in August 2013.