In a promising turn of events for the building, construction, design, and architecture industries, Anson Group is determined to breathe new life into its long-awaited project – an impressive 16-storey mixed-use development situated at 136 Hay Street in Haymarket, Sydney.
This undertaking encompasses four basement levels, ground-floor retail spaces, a 318-key hotel, and a rooftop terrace restaurant overlooking Belmore Park on the southern edge of Sydney’s CBD.
Originally granted approval in 2017 and with the 1619 square meter site cleared, Anson Group had high hopes for the development. However, the onset of the global pandemic sent shockwaves through the hotel sector, prompting delays and uncertainty. The plans, which were temporarily shelved, recently resurfaced on exhibition with the City of Sydney, showcasing the developer’s determination to see the project through.
The hotel industry, like many others, took a significant hit during the COVID-19 pandemic. Hotel occupancy plummeted to a mere 20 percent as travel restrictions and health concerns gripped the globe. However, the industry has shown resilience, with occupancy rates rebounding to a noteworthy 72.7 percent in June of this year. Notably, during the FIFA Women’s World Cup, hotel occupancies surged to an impressive 80.7 percent, reflecting a strong recovery in the sector. These positive trends have undoubtedly bolstered Anson Group’s decision to proceed with their ambitious project.
The revised design for 136 Hay Street, Haymarket, has been crafted by the renowned architectural firm BVN. Notably, BVN’s approach incorporates a podium design inspired by the nearby Manning Building, a nod to the area’s architectural character. Additionally, the tower is set to feature a central light well, allowing natural light to permeate the building’s interior. Cascading gardens will adorn the sloped roof, bringing a touch of greenery to the heart of Sydney’s bustling CBD.
“The proposed development will provide a high-quality built form for a viable and vibrant mix of uses, with retail and commercial uses accompanying the primary hotel component,” the application said. “Hotel rooms and facilities will be afforded good amenities, on-site and by virtue of the site’s location in one of the most accessible parts of the city.
The application continues, “The proposed hotel use would provide for an improved economic function, providing greater diversity in employment, greater activation of the city center for longer hours of the day and a greater multiplier effect of economic benefit.”
As the hotel sector continues to rebound and adapt to the evolving landscape, the proposed angular hotel in Haymarket serves as a beacon of hope and progress in the heart of Sydney, symbolizing the industry’s ability to overcome challenges and forge ahead with innovative and inspiring projects.
Via The Urban Developer
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