BY JAMES WILKINSON
The New South Wales Minister for Planning has approved Lend Lease’s concept plan for the Barangaroo South site on Sydney Harbour, bringing the AUD$6 billion development another step closer to construction.
The Barangaroo South plan includes an iconic 250-room upper-upscale hotel to be built on a pier over the water in Darling Harbour and is part of a development that will be “an extraordinary opportunity for Sydney to demonstrate global leadership in regeneration and sustainable development,” according to Lend Lease’s Group Head of Development David Hutton.
Hutton said that Barangaroo will feature quality architecture, harbourside parks, waterfront promenades and squares as well as new ferry services, restaurants, offices, apartments, shops, cafes and the landmark international hotel.
“The hotel plays a critical part in creating a fresh, exciting and welcoming destination,” he said.
The hotel will be the second upper-upscale hotel – after ‘Hotel Switch’ at Star City – to be built in Sydney after The Westin, which opened prior to the 2000 Olympic Games.
Hutton said that interest in the hotel has continued to grow in recent months amongst hotel operators and investors.
“Interest is very strong in this exciting aspect of the development, with discussions or expressions of interest from all of the leading international hotel groups,” he said.
“Operators and potential investors appear to really appreciate the role the hotel will play in establishing Barangaroo as a key part of the city and the opportunity to create a new icon for 21st Century Sydney.
“We plan to start detailed discussions with potential operators in the coming months and will evolve the hotel design and concept during 2011,” Hutton said.
Yesterday’s (Dec 16) announcement by the Minister for Planning follows months of public consultation, which led to a number of refinements to the design of the entire 22-hectare project, due for final completion in 2025.