Singapore-based investment group SC Capital Partners has revealed the winning design for a new $700 million mixed-use office and hotel development within Sydney's prime financial precinct.
Design firm Woods Bagot won the architectural competition with its 226-metre-tall luxury hotel and office tower plans.
The 55 level tower, located on 4-6 Bligh Street, is scheduled for development and completion in 2022.
SC Capital Partners Group chairman Suchad Chiaranussati says the tower is the first luxury hotel in Sydney's financial precinct in 20 years.
“Sydney is Australia’s number one tourist destination and commercial capital; however, hotels are generally dated and well below expectations by global gateway city standards,” Chiaranussati said.
The five other design firms involved in the competition, which was by invitation only, include Architectus, Atelier Jean Nouvel, Bates Smart, FJMT and SHARA, PTW and Collins & Turner and March.
When complete the hotel component will be operated by Andaz Hotels by Hyatt.
Woods Bagot principal and Sydney design leader Ian Lomas describes the building as “verdant and lush” dedicated to incorporating nature throughout its design.
“In Sydney, we feel that nature is only ever held back, and if it were left unchecked it would quickly reclaim its domain.
“Green walls, unexpected roof gardens, trees and generous landscaping at street level are part of the building’s integrated sustainability strategy,” Lomas said.
Other features include a clubhouse with a pool and wellness centre, childcare, and co-working facilities within the nine-level commercial office podium.
From this level, the hotel rooms and suites climb up the tower, finishing with the public sky living room and reception located on the fifteenth floor.