Australia’s first Waldorf Astoria to be built on Circular Quay crater site | msccummins
An eyesore construction site in Sydney’s famous harbour gateway that went up in flames four years ago and has sat empty since will be turned into an upmarket apartment tower and the country’s first Waldorf Astoria hotel in a $3 billion venture.
The hoarded-up crater in the middle of the waterfront area was once owned by Huang Xiangmo, a suspected Chinese Communist Party influence agent who made political donations to the NSW Labor and Country Labor Party, and who has since left the country., billowing smoke across the city and sparking an emergency.
Lendlease Australia’s managing director of development Tom Mackellar said One Circular Quay will elevate “Sydney’s real estate market on the global stage” and become one of the world’s most desired addresses to live and stay.“With uninterrupted views of the Sydney Harbour Bridge and Sydney Opera House, a development of this standard, in this location, is an incredible opportunity, and we look forward to bringing this iconic development to market,” Mackellar said.
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