The InterContinental Sydney is getting a big stack of cash spent on its newest upgrade, with Mulpha Australia Limited today unveiling all of its grand plans.
The proposed upgrades are set to cost $200+ million, and include upgrades include to all existing public areas, functions rooms, restaurants and 509 guest rooms and a new, 900 square metre grand ballroom, which will feature unique views of Circular Quay and the Sydney Harbour Bridge.
In addition, Mulpha’s plans provide for an expansion of the award winning rooftop Club InterContinental lounge, offering 270 degree views from the Sydney Harbour Bridge around to Botany Bay.
Currently, Mulpha’s plans are stuck in Stage 1 of development, after an application was lodged with the NSW Department of Planning and Environment, but is expected to go on public display for feedback very soon.
The proposed upgrade marks the most significant improvements to InterContinental Sydney for over 30 years – that’s a long time – and will keep the property at the top of its game.
Mulpha Australia CEO Greg Shaw said, “This redevelopment will preserve and enhance the position of the InterContinental Sydney as the city’s best located 5-star property as well as boosting Sydney’s international tourism infrastructure and appeal to host major events.”
Karin Sheppard, chief operating officer, InterContinental Hotels Group Australasia & Japan added, “This is an extraordinary opportunity for InterContinental Sydney and a boon for future travellers to Sydney.
“With an already unrivalled position on Sydney’s Harbour, the proposed development will see a significant shift in the way we view the role of hotels – moving from luxury accommodation into a complete tourism experience for both our domestic and international guests.
“The new ballroom and function facilities will be the only hotel event space in Sydney to boast iconic views to the Sydney Harbour Bridge and Circular Quay.”
Mulpha’s proposal has a total estimated capital investment value in excess of $200 million, expecting to generate around 220 jobs in Sydney during construction, with another 100 when complete.
Shaw added,“With the proposal expected to go on public exhibition shortly, Mulpha will continue consultations including with heritage, tourism, community and planning stakeholders to progress its application.”