Four Points by Sheraton, Darling Harbour today announced that the hotel will embark on a $160 million development plan in early 2014, spearheading the transformation of Sydney’s vibrant Darling Harbour as a convention precinct.
Owners of the property, M&L Hospitality will invest in excess of $160 million into the development project, adding a third tower and 230 rooms to what is already Australia’s largest hotel by room number. The property will have a total of over 900 guest rooms once complete.
The development will also address the reduction of event facilities in the CBD area during the remake of Sydney’s Convention and Exhibition Centre, with new, additional hotel features including 4,810 square metres of pillar-less convention, exhibition and function space.
Designed by Australian architect firm, Cox Richardson Architects, the transformation of Four Points by Sheraton Sydney, Darling Harbour is expected to be completed in 2015 and will have minimal impact on the hotel’s operations throughout the development period.
This announcement comes shortly after Four Points by Sheraton Sydney, Darling Harbour unveiled the results of a $27 million renovation earlier this year. This first phase renovation included the refurbishment of guestrooms, introducing a new Premium Room category, enhancements to the Corn Exchange Restaurant and Grand Ballroom, and the introduction of four new Heritage Meeting Rooms, providing meeting planners with contemporary, warehouse-style spaces in the heart of the city. With the introduction of the Heritage Meeting Rooms, the hotel now offers 20 meeting spaces, with a combined total of approximately 2,000 square metres.
Further enhancements to the hotel included the opening of rooftop bar, Bar Eleven. Located on Level 11, the bar offers unparalleled, panoramic views across Sydney’s Darling Harbour, providing the perfect spot to enjoy evening drinks and canapés, or host a special event.
Four Points by Sheraton Sydney, Darling Harbour’s General Manager, David Fraser says, “Having seen through an extremely successful refurbishment over the past 2 years taking the hotel to new heights, we are thrilled to embark on the next chapter in this momentous transformation project, and further strengthen our position as a leading upscale accommodation and events provider in Sydney.
“We are delighted that M&L Hospitality has the confidence in the property and in the Sydney hospitality market to make such a significant investment. This development will be a key part of the larger redevelopment of the Darling Harbour area and will help satisfy Sydney’s need for additional conference space and room capacity.”
Starwood Hotels & Resorts’ Pacific Regional Vice President, Sean Hunt, says the development adds significantly to the wider growth Starwood and the Four Points by Sheraton brand are experiencing in the Pacific region.
“This announcement marks an important and strategic next step for Four Points by Sheraton Sydney, Darling Harbour and our relationship with M&L Hospitality, said Mr Hunt.
“M&L Hospitality has been committed to bringing out the hotel’s full potential since taking ownership in 2009, and the substantial investment announced today adds further momentum to the success and growth of the Four Points brand in this region.”
Ideally located on Sussex Street overlooking the vibrant Darling Harbour precinct, Four Points by Sheraton, Sydney, Darling Harbour, is Australia’s largest hotel offering a current total of 683 rooms, including 17 suites, along with simple comforts and exceptional experiences at a great price in the heart of Sydney. For more information on Four Points by Sheraton Sydney, Darling Harbour.