HOTEL, TOURISM & LEISURE

$750m Sydney hotel moves to next stage

Print Friendly, PDF & Email

SINGAPOREAN SC Capital Partners’ dream of developing a $750 million 55-storey luxury hotel in Sydney is a step closer to reality.

Planning Minister Rob Stokes said the project has now progressed to State Significant Development state and it will update the City of Sydney’s Local Environment Plan.

This will be Sydney’s first luxury hotel in 20 years. Located at 4-6 Blight St, the 55-storey 440-room hotel was designed by Woods Bagot and will also include shops, restaurants and cafes.

The Urban Taskforce’s CEO Chris Johnson said the project has been in ‘planning purgatory for too long’ and welcomed the announcement.

“It is good news that the project is now more connected to the planning system and hopefully will get planning approval before too long. The design of the building looks impressive and the sleek 55 storey tower will be a good addition to the Sydney skyline,”

However, Johnson said on the same day that the Bligh St hotel moves forward, the plans for the proposed Ritz Carlton Hotel in Pyrmont is being discussed at a public meeting held by the Independent Planning Commission (IPC), where the NSW Department of Planning, Industry and Environment argued against the 62-storey hotel project proceeding because it was different to the existing character of Pyrmont.

“The Urban Taskforce is concerned that since the publication of the ‘Local Character and Place Guideline’ in February 2019 the Department of Planning seem to be preferring the preservation of existing local character over bold new visions for the future. Pyrmont needs to be ‘taken to the next level’ as the Premier Gladys Berejiklian has recently stated.

“Sydney needs more quality hotels and the small planning step forward for the proposed hotel at Bligh Street is good news. This needs to be supported by the IPC approving the Ritz Carlton Hotel in Pyrmont.” Johnson said.

Related posts
COMMERCIAL PROPERTY, SALES & LEASINGHOTEL, TOURISM & LEISURE

Tattersalls Club finally receives approval for 49-storey landmark tower

THE City Tattersalls Club and its development partner ICD Property have received approval from…
Read more
COMMERCIAL PROPERTY, SALES & LEASING

Malaysia’s UEM sells former cop shop to Singaporean

BUOYED by the strength of the St Kilda Rd office market, SC Capital Partners will splash $40…
Read more
RESIDENTIAL PROPERTY

Toga wins approval for Penrith towers

TOGA has won approval for the first stage of its Penway Place, giving the green light for two…
Read more