Friday 18 November 2016

DESIGNS REVEALED FOR $300M ‘SANDSTONES’ HOTEL

Designs for the $300 million revitalisation of Sydney’s landmark Lands and Education buildings on Bridge Street, known as the ‘Sandstones’, have been revealed this week, with the site set to be transformed into a world-class hotel featuring retail, dining, gardens and rooftop lounges.

The designs unveiled by Pontiac Land Group show ground-level retail and dining and a rooftop salon in the Lands building, to be open to the public. More than 250 hotel rooms and suites are included in the plans for the two buildings.

NSW Minister for Finance, Services and Property Dominic Perrottet said the heritage redevelopment would allow locals and visitors to enjoy the history and heritage of the Sandstones for the first time since they were built in the late 1800s.

“It’s a tragedy that so many people have wandered past these incredible buildings for years and never even noticed them,” Mr Perrottet said.

“Thanks to this stunning restoration you will get to experience their history and grandeur first-hand.”

“These designs put more than 100 years of history and heritage on show, while at the same time promising all the features of a truly world-leading hotel."

Modelling from Deloitte Access Economics estimates that Pontiac’s hotel development will deliver a boost to the NSW economy of more than $185 million over 20 years, creating 110 new hospitality jobs and 240 jobs during construction.

The Development Application will be considered for approval by the Department of Planning and Environment, and will be on public exhibition from November 17 to December 13.

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