Plans lodged for $45m Skinny Hotel – 9.5m wide
Confidence in Sydney’s hotel market continues to grow as a global fund manager lodges plans for a new slim-profile hotel on Castlereagh Street.
LaSalle Investment Management acquired the Central Square complex at 323 Castlereagh Street in Haymarket for $325 million in 2019.
Since then the group has applied to upgrade the 24-storey commercial tower on the site with a two-storey podium, and now plans to build a 17-storey slender hotel tower on the land between the commercial tower and a neighbouring five-storey substation.
The hotel will be just 9.5m wide.