The luxury retailer has lodged plans for a Raine Square store, cementing its move from King Street.
Business News covered Gucci intentions to move from its King Street store, where it has been since 2015, as part of host of luxury retailers moving from the historic strip to Raine Square.
The development application describes the proposed refurbishment of 306 Murray Street as “an exciting transformation of an existing [building] into a desirable high end international retail destination and boutique office facility”.
"The refurbishment of 306 Murray Street is designed to provide high quality retail and of fice spaces that are flexible, adaptable, and suited to their intended use," it read.
"The ground retail floor is envisioned to house a single tenant, but also provides opportunities for a number of tenancies.
"The office tenancy area is also designed to accommodate different tenancies, with a multitude of fit-out possibilities."
306 Murray Street. Photo: Claire Tyrrell.
It is understood Gucci will relocate its store to the ground floor of this building and offices will occupy the floors above.
Tiffany and Co, Chanel and Louis Vuitton are already at the Charter Hall owned precinct Raine Square.