City Tattersalls Club announces development partners

Sydney's City Tattersalls Club has chosen ICD Property and Sinclair Brook to as development partners for its proposed redevelopment.

According to City Tattersalls Club chief executive Tony Guilfoyle, the mixed-use redevelopment, which will include apartments, will help "reduce the Club's financial dependence on gaming".

Patrick Campion, the chairman of City Tattersalls Club, said the club had received strong interest from developers during its four-month expression of interest process.

"We believe that the ICD Property and Sinclair Brook proposal has the greatest benefit to our members and is in their best interests," Campion said.

"The Club briefed its members yesterday and the feedback has been overwhelmingly positive."

ICD Property's projects include the 663-apartment Eq. Tower, which is currently being built in the Melbourne CBD. The developer's managing director, Michael Mai, said the project would deliver apartments to an "under-supplied market".

Sinclair Brook is the developer behind Australia 108, the Southbank apartment tower that is set to become the tallest building in Melbourne.

Elenberg Fraser has designed the development concept for the 194-204 Pitt Street premises. The project is due to be completed in 2020.