Posted: 11 October, 2016 by Sohan Judge

The Star Is Getting A Brand New $500 Million Development

Do you like the look of this?

Tags: The Star, casino, hotel, Pyrmont

Sydney Harbour will be graced with a brand spankin’ new $500 million development at The Star in Pyrmont.

In a bid to attract wealthy tourists and big-time gamblers, Sydney will be getting a 215m tall Ritz Carlton hotel and residential tower.

The building will sit next to the existing complex and is expected to provide competition to James Packer’s Crown casino and 6-star hotel at Barangaroo.

Award winning architectural firms are behind the three concepts, and the winning design will be elected by a five-person review panel later this month.

Matt Bekier, Star chief executive, said that it’s hoped this hotel will bring more foreign tourists to Sydney, especially the Chinese.

"Tourism, especially from Asia, is a huge, long-term growth driver for Australia… (and the hotel) will allow us to really enhance and increase our contribution to Sydney’s tourism offering," he said.

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Tags: The Star, casino, hotel, Pyrmont

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