A development application for a Marriott Starwood hotel in Parramatta has been submitted to the City of Parramatta by JZL Properties.
The application is for a 24-storey 4.5 star hotel building at 89 George Street Parramatta comprising 300 rooms, restaurant and bar, ballroom and 60 above ground car parking spaces, which will utilise a car stacking system.
The hotel building will rise 93.5 metres and have a gross floor area of 12,853 square metres. It has been designed by GroupGSA.
Estimated cost of works for the Parramatta CBD hotel is over $75 million.
Marriott's stocks surged 80 per cent in November since the company completed its takeover of Starwood Hotels in a deal worth over $18 billion in 2016.
[Related reading: Major Development in Parramatta Triggers New Retail Property Trends]
The site itself is long and narrow with single access from the frontage to George Street. The architects said that the design allows for the building's public spaces to engage with George Street.
The site sits adjacent to Perth House, a single storey sandstone Colonial Victorian Georgian residence dating back to 1841.
"The architecture of the podium is a clear and sensitive response to the heritage item, Perth House. The increased setbacks improve vistas and the legibility of Perth House and its contributory landscape. The selection of proposed materials respond to those of Perth House in a modern interpretation of the classic palette," GroupGSA said in the application.
"The development at 89 George Street will create a vibrant precinct and a hotel destination that engages with the public realm and its contextual surroundings."The submission comes as Marriott's stocks surged 80 per cent in Novembers since the company completed its takeover of Starwood Hotels.
A 4.5 star hotel would add to the demand for rooms in western Sydney as the region to continues its growth.
The application is to be determined by the Sydney Central City Planning Panel. The estimated completion date is 2020.