In mid-2019, Pallas Capital acquired a prominent corner site in the heart of Double Bay on the leafy crossroads of Guilfoyle Avenue and Bay Street.
A watershed project in Sydney’s Eastern Suburbs, Pallas House was the first critical pillar in an ambitious strategy to revitalise the flagging commercial and retail fortunes of Double Bay village. Close to local parks, shopping and barely 300 metres from the Sydney Harbour foreshore, in collaboration with developer, Fortis, the vision for the site was to create 2300sqm of A-Grade commercial space across four upper levels, serviced by a boutique food and beverage precinct on the tree-lined streets below.
Pallas House Sydney was a creative collaboration between Fortis, architects Lawton Hurley, Siren Design, landscaping firm Wyer & Co and builders, Lords Group. We are proud to say the project won Silver at the Sydney Design Awards 2022 for Architecture Commercial Constructed.
The architectural vision for Pallas House was shaped by the future, but tremendous care was also taken to retain the heritage aesthetic and form of the original building. Reimagined by architects, Lawton Hurley, the design evolution pays respect to the existing structure and its distinctive architectural façade, whilst significantly enhancing the building’s internal capacity and amenity with the addition of two commercial levels on the upper floors.
“This is only the beginning of what we have in store for the local area,” Fortis Director, Charles Mellick says. “Double Bay is a neighbourhood where generations of families live within the local community and love to meet for lunch and dinner. We want to bring life back into this once great suburb and in turn create a vibrant neighbourhood in Sydney, if not all of Australia.”
As you enter from the buzz of Bay Street, food and beverage retailers such as Neil Perry’s first ever solo restaurant, Margaret, is located on the ground floor as well as Damien Monley’s all new dining experience, Roxy’s.
Commercial tenants benefit from sweeping 600sqm+ floor plates, and unobstructed views across Guilfoyle Park and Sydney Harbour. In testament to the quality of the design and build, the project was 100% pre-leased prior to completion and is also the new headquarters for Fortis and Pallas Capital.