A new hotel at Circular Quay
Chinese giant Wanda is demolishing the office towers at Gold Fields House and replacing it with a 5-star Wanda Vista Hotel, 190 exclusive private residences and boutique retail premises.
Wanda One Sydney Pty Ltd, a fully owned entity of the Wanda Group, one of the world’s largest property developers, has started demolition work at No.1 Alfred Street to bring in the mixed-use scheme at Circular Quay.
Demolition work started in late March 2017 by Delta. It will be completed in March 2018.
When work is finished, it will be part of the planned redevelopment at the eastern end of Circular Quay
The new hotel will have 181 guest rooms, offering unparalleled views across the Harbour Bridge, the Opera House and out to the Heads.
Sydney-based Crone Architects, in collaboration with globally renowned architects Kengo Kuma and Associates from Tokyo, Japan, is designing the 28-storey hotel.
The 190 private residences are to be known as One Circular Quay.
Wanda believes this could become Sydney’s most sought-after residential address.
The residential quarters are designed by Kerry Hill Architects.
They will be located in an elegant 60-storey tower facing the northeast, maximising the iconic views of Sydney Harbour.
The two towers will have a carefully detailed 518 square metre area at it base.
The area will be designed as a cultural revitalisation of public space. It will include boutique high-end retail and public art spaces fronting Alfred and Pitt Streets.
Wanda, which acquired the site for $425 million in December 2014, sees it as a unique opportunity to create a globally renowned destination address and says it is “working in collaboration with a team of globally recognised architects and consultants to deliver its vision”.
Wanda is one of the largest owners of 5-star hotels in the world, operating under the Wanda Vista brand
It has hotels in development in London, Beverly Hills, Chicago, the Gold Coast and Istanbul.
by Leon Gettler, May 10th 2017
