The Star Entertainment Group has doubled down proposed luxury hotel development in Pyrmont with plans for a $1 billion six-star hotel development across two towers.
The new proposal follows the rejection of its planned 232m Ritz-Carlton hotel tower by the independent planning commission.
The Star is now proposing a new 6-star hotel in one 110m tower on the northern section of the Star Sydney site and another 180m mixed use tower on the south of the Star Sydney site.
“We have listened, adapted our thinking and revised our previous proposal,” the Star stated in its new submission.
“Two hotels, in two towers, generating jobs and turbo charging the tourism industry. We believe this to be a compelling step forward for Pyrmont, built on the back of an inclusive and transparent NSW Government process.”
Planning Minister Rob Stokes has welcomed the new plan.
“They’ve come up with some creative ideas that will be thoroughly considered with all the other submissions about how we can make Pyrmont an even better place to power us out of the pandemic,” Stokes said.
“I made clear in July that Pyrmont has the potential to be a 24/7 destination for locals and visitors with the right development in the right places, and our draft plan sets out how we propose to achieve this.
“Pyrmont is more than a village – it’s vital part of our global city and will play a key role in bolstering the city’s night-time economy.”
A spokesman for the Star told The Daily Telegraph that said the new proposal would help “Sydney get back on its feet” after the coronavirus.