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Crown Resorts Limited has announced it has entered into agreements with the Barangaroo Delivery Authority (BDA) and Lend Lease, which give Crown the opportunity to develop the Crown Sydney site at Barangaroo South, subject to receipt of NSW planning approval.
Crown Resorts CEO, Rowen Craigie, said a construction management contract with Lend Lease has also been signed.
“The finalisation of arrangements with the BDA and Lend Lease is a significant milestone in the development of the Crown Sydney Hotel Resort,” he said.
“The Crown Sydney Hotel Resort at Barangaroo will be Sydney’s first luxury ‘six-star’ hotel.
“It will be a globally recognisable landmark that will attract thousands of international tourists and help Sydney compete with other global tourism destinations,” Craigie said.