- City Tattersalls Club teams up with InterContinental Hotels Group to create new hotel.
- Set to open in 2025 under the Hotel Indigo name.
- Will include a 110 room hotel and 246 residential apartments.
Sydney’s landmark City Tattersalls is slated for a refresh.
A stone’s throw from Pitt Street Mall, the heritage building will undergo a $200M redevelopment under a deal with InterContinental Hotels Group (IHG).
The new 49 story tower is set to host new restaurants, event spaces, retail, health and wellbeing facilities, as well as a 110 room hotel, and 246 apartments.
The development is a welcome move as the building started to show its age.
A facelift to the famed lower bar was completed in 2018, Sydney Morning Herald said it was ‘much needed’.
Locals told The Property Tribune the surrounding area of Pitt St also looked tired, and a refresh to the historic City Tatt’s would be a welcome development.
The building is also opposite a spot frequented by popular homeless pet rat owner Chris whose pet was stolen in 2019.
Filling rooms while the tourism industry reels from the effects of COVID is tough, but Marcelo Veloz, Chief Executive Officer at City Tattersalls, said some hospitality huff could help:
“When we made the decision to open a hotel as part of our exciting new development, we knew it would not only need to be a brand that would do justice to the history of the City Tattersalls Club legacy, it would need the power of a global system behind it as travel ramps up again in 2021.”
Expected to open in 2025, this won’t be the first of IHG’s Hotel Indigo brand in Australia, with one in Adelaide set to open early this year.