Furniture is still being moved into 11 Barrack Street. Tradies are tinkering in the library. It’s more hi-vis than Hermès. But the $10 million-plus renovation of the heritage-listed building is largely complete and the one-time headquarters of the Savings Bank of New South Wales – the first savings bank in Australia – is once again ready to play a role at the heart of Sydney’s commercial ecosystem.
The four-storey building – bought by the Rich Lister Tieck family for $10.3 million in 2007 – has served many purposes, most recently as office space. Now it is being reborn as The Pillars, a membership club for entrepreneurs, investors and lawyers in the venture capital game.
Michael BlebyDeputy property editorMichael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
