SYDNEY—Starwood Hotels & Resorts Worldwide, Inc. has reached an agreement with joint venture partners, Frasers Property Australia and Sekisui House Australia, to open Four Points by Sheraton Sydney, Central Park. Located in Central Park urban village at the former Old Kent Brewery site, the 297-room new build hotel is scheduled to open in 2018 as part of a mixed-use development.
“We are delighted to partner with Frasers Property Australia and Sekisui House Australia to expand the presence of the Four Points brand in Australia, following the recent openings in Perth and Brisbane and the signing of another property slated to open in Melbourne in 2017,” said Andrew Taylor, director, acquisitions and development for Starwood Hotels & Resorts in the Pacific. “Boasting the largest pipeline in Starwood’s portfolio, the Four Points brand recently reached 200 hotels globally and continues to experience strong growth around the world.”
The mixed-use project consists of retail space, apartments, office spaces and student accommodation. Also according to the brand, the new development will open up the Old Kent Brewery to Sydney residents for the first time in 150 years.
The property features a bar and lounge with an outdoor terrace, a restaurant, a fitness center and parking facilities. It joins Starwood’s portfolio in the Pacific with 21 hotels in operation, including three Four Points by Sheraton properties in Sydney, Brisbane and Perth. The hotel also joins nine properties under development.