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Strategic Advisory Services

The Ribbon Hotel/IMAX, Darling Harbour

The Ribbon Hotel/IMAX, Darling Harbour

About the project

The 30-storey Darling Harbour redevelopment, comprising a new W hotel, serviced apartments, retail, and a new IMAX theatre, opened in October 2023.

Works are now underway on the adjoining public domain, including a new playground, amenities and new facilities for the landowner.

Rich in Indigenous history, for more than 7,000 years Darling Harbour was a frontier, a boundary between the Wangal and Gadigal clans of the coastal Eora people who used the harbour for food and transport up the Parramatta River.

With around 26 million visitors to Darling Harbour each year, the precinct is a family-oriented playground for all ages. Alongside a fine array of waterside dining, fashionable nightspots and cultural events, the area also boasts some of Sydney’s most compelling attractions.

The new W hotel, the IMAX theatre and playground will further support the NSW Government’s tourism objectives to create better public spaces for locals and visitors to enjoy.

The project has created jobs in the construction, hospitality and tourism industries, bringing economic benefits to Sydney and wider NSW for years to come.

Background

Property and Development NSW’s Strategic Advisory Services team utilised its planning, procurement, and stakeholder management expertise to oversee the leasing and development process.

The team is continuing to work with the developer and landowner to ensure compliance with obligations under key transaction documents such as the delivery of public domain upgrades.

Next steps

Strategic Advisory Services will continue to play a role in this impressive project until the completion of the public domain works. The team is monitoring the design, approval, and construction phases to ensure adherence with the Agreement for Lease, delivery milestones and timeframes.

Resources

Contact us

For further information email:

DTprojects@dpie.nsw.gov.au