Barangaroo, Sydney, New South Wales
|Casino sq/ft:||448,000 sq/ft|
Crown is proposing to build and operate an iconic, world class, luxury six-star hotel resort, which incorporates VIP gaming facilities, at Barangaroo South, Sydney. The resort is expected to open by late 2019. As part of the concessions for approval of the estimated $1.5 billion facility the casino will only cater to VIP gamblers.
The development of the Crown Sydney Hotel Resort is still subject to the passing of legislation to amend the Casino Control Act 1992, the issuing of a Licence by the Independent Liquor and Gaming Authority, the granting of all necessary planning approvals and the finalisation of certain agreements with the Barangaroo Delivery Authority and the developer of Barangaroo South, Lend Lease.
Crown Resorts Chairman, Mr James Packer, said:
I am humbled that we have reached formal agreement with the New South Wales Government.
Sydney is one of the world`s great cities. It deserves one of the world`s great hotels. I am going to do everything I can to try and make Crown Sydney the best hotel in the world.
Crown will build a landmark for Sydney, an architectural icon to rival some of world`s best buildings.
We believe, with our internationally-renowned architects, Wilkinson Eyre, that we can create a hotel resort that will feature on postcards and in travel magazines globally. We believe that Crown Sydney will help attract Asian high net worth travellers to Sydney, in particular from China, creating economic growth, extra taxes and over 1,200 jobs for the people of New South Wales.
Crown, supported by its employment and training partners, United Voice Union (NSW Branch), Penrith Panthers Group and the National Centre for Indigenous Excellence (NCIE), has pledged to establish two colleges to train the Crown Sydney Hotel Resort workforce; a main training college at the soon to be built Penrith Panthers Community Centre in Penrith and a specialist Indigenous training college at the NCIEs premises in Redfern.
On the potential employment impact of the project, Mr Packer said:
Around 15,000 people work at Crowns Australian resorts and we have an outstanding employment record, with Crown Melbourne recently winning the Victorian Employer of the year for 2013. Our Indigenous employment programs are recognised as being some of the most effective in the country. With our project partners, we will work to improve the lives of many job seekers providing them with the support and training they need to get a long term career in the tourism and hospitality industry.
When it`s completed, we believe that Crown Sydney will be a globally recognised hotel resort that Sydneysiders and all Australians will be very proud of, Mr Packer said.