SYDNEY / SINGAPORE, 27 OCTOBER 2016 – M&L Hospitality, the Singapore-based real estate investment group, will grow its stake of Sydney’s Central Business District hotel accommodation with the commencement of its new hotel development at 65 Sussex Street.
Multiplex, a leading international contractor, has been appointed to deliver the hotel due for completion in Q4 2017. Designed by Architects Fitzpatrick + Partners, the unique mid-scale hotel property will boast an 8 level tower with a distinctive geometric facade, 182 guest rooms including 4 suites, an internal courtyard, meeting space, restaurant and bar.
Mr David Ghannoum, Regional Managing Director NSW at Multiplex, said the company was excited to deliver another new hotel to Sydney’s CBD off the back of its successful redevelopment of 161 Sussex Street Sydney for M&L Hospitality.
“Multiplex has extensive experience delivering high-quality hotels and entertainment facilities, and we are delighted to continue to build upon our relationship with M&L Hospitality,” said David Ghannoum.
The second project for M&L Hospitality, Multiplex Global is currently completing the final phase of M&L Hospitality’s AUD $250 million redevelopment of 161 Sussex Street Sydney, which is set to be rebranded as the Hyatt Regency Sydney on 1 December 2016.
“We are pleased to start the construction of our new hotel property at 65 Sussex Street. Multiplex delivered an excellent result for M&L Hospitality with our 161 Sussex Street project finishing ahead of schedule,” said Neil Maxwell, Chief Executive Officer, M&L Hospitality.
“With programme a critical consideration of the 65 Sussex Street hotel project, we look forward to continuing our good working relationship with Multiplex to deliver this unique hotel by Q4 2017.”