In 1989, EIE International Corporation was shortlisted as one of five developers by the Sydney Cove Redevelopment Authority to develop a site at The Rocks bounded by Essex Treet, Gloucester Street, Grosvenor Street and Cumberland Place.
Their plans envisaged a 24-storey office tower with 40 000sq/m of office space. stepping down from the Essex Street end to Grosvenor Street, presumably to protect sun access into Lang Park.
Source: Dixon, A. 1989. "Mystery Rocks site developer revealed". The Sydney Morning Herald, October 24: 29.
At one point, there were plans to build a hotel, but the success of the Cove Apartments opposite the site highlighted its potential for residential development on the site.
It was reported in The Australian Financial Review on June 17 2004, that the Sydney Harbour Foreshore Authority had sold the site to Stamford Land Corporation of Singapore for as much as $25 million
The site eventually became the Stamford Residences, a 30-storey (88 metre) apartment tower containing 122 apartments. Plans were submitted in 2005 and were approved in May 2006. Construction commenced in 2009 and was completed in 2011.
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