Ritz Carlton Closer to Opening

The Ritz-Carlton name is closer to making a comeback in Sydney, with The Star Entertainment Group lodging plans for the $500 million hotel and apartment development at its Pyrmont site.

The joint venture between The Star, Hong Kong-based Chow Tai Fook and Far East Consortium will bring the Marriott International brand back to the harbour city, after Sydney’s two Ritz-Carlton hotels closed 18 years ago. Those properties have since been rebranded as the Sir Stamford at Circular Quay and InterContinental Double Bay.

The new 61-storey, six-star hotel, which would adjoin The Star’s casino building, will have 220 rooms, about 200 apartments below that, a rooftop terrace, a public restaurant, two gyms and a spa and wellness centre.

The existing casino building will get a rooftop makeover.

The project will also add new amenities to the existing casino complex including a rooftop pool area with harbour views and about 15 more food outlets.

No additional gambling floor space is proposed.

The FJMT-designed development would bring added competition for James Packer’s 350-room Crown Sydney hotel at nearby Barangaroo, which will also be rated six stars.

credit: commercialrealestate.com.au