# Sydney high-rise and skyscraper development

> Live situation record from CLSTR: https://clstr.news/situations/sydney-high-rise-and-skyscraper-development
> Updated: 2026-08-15T03:30:00.000Z. Sources: 3. Developments: 2.

Sydney is undergoing a period of significant high-rise expansion and architectural development. The completion of the Atlassian tower, a 39-storey hybrid timber-steel-concrete structure reaching 272 metres, marks the topping out of the world’s tallest mixed-material timber building. This project is intended to anchor the new Tech Central precinct.

In addition to the Atlassian tower and the award-winning Lacebark residential complex, further large-scale developments have been proposed. These include the Castlereagh Place project, consisting of two 82-storey towers near Hyde Park, and a 26-storey tower above the heritage-listed Sherbourne Hotel. These developments have prompted discussions regarding high-rise congestion and its impact on the city’s traditional architectural contour and topography.

## Timeline

### 2026-08-15: Sydney skyline undergoes major high-rise expansion

Sydney's skyline is expanding with the completion of the 39-storey Atlassian timber tower and new approvals for 82-storey towers at Castlereagh Place.

3 sources. https://clstr.news/cluster/sydney-skyline-undergoes-major-high-rise-expansion

### 2026-07-22: Sydney marks award‑winning residential design and world’s tallest timber skyscraper

Sydney’s Lacebark residential tower wins top state awards, while Atlassian’s 39‑storey hybrid‑timber “plyscraper” tops out as the world’s tallest timber skyscraper.

4 sources. https://clstr.news/cluster/sydney-marks-awardwinning-residential-design-and-worlds-tallest-timber-skyscraper

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Cite as: Sydney high-rise and skyscraper development. CLSTR, https://clstr.news/situations/sydney-high-rise-and-skyscraper-development
