Sydney’s Star City Casino names the winner of the design and construct package for its new hotel and casino redevelopment.
The project involves the construction of a new 13 storey hotel on the vacant neighbouring switching station site and the extension to the casino building along the Pirrama Road frontage.
This news comes on the tails of gaming group Tabcorp’s $100 million splurged into expanding its Star City Casino in a bid to boost profitability struggles with increased competition.
The revamp will now cost an estimated $575 million compared with $475 million previously budgeted.
Tabcorp’s chief executive of casinos, Larry Mullin, said Brookfield Multiplex was well positioned to lead the design and construction of the new casino complex that will bring world class gaming facilities to Sydney.
“We are determined to give Sydney the world class entertainment complex that it deserves and I am confident our partnership with Brookfield Multiplex will deliver the best gambling and entertainment venue in Australia,” he said
The hotel and casino complex will include a new five star hotel with 252 rooms, the reorientation of the casino towards the harbour, an expanded main gaming floor, a new spa and gymnasium, retail and restaurant precinct, as well as improved amenities that include an open landscaped deck with harbour and city outlook and parking for 500 cars.
The new hotel will be the first major five star hotel built in the Sydney CBD since the 2000 Olympic Games.
The casino, hotel, apartment building and Lyric Theatre will remain fully operational during the entire construction process.
The project is expected to create about 1,000 jobs during the construction phase and a further 700 jobs when the project is completed.
Brookfield Multiplex CEO, Ross McDiven, said the company was pleased to be involved in such an impressive hotel and casino project.
“Star City Casino is set to become one of the best gaming and entertainment venues in the country — and we are looking forward to being a part of that,” McDiven said.
The project is due to commence immediately 2009 and complete by late 2011.
