Built awarded $95m redevelopment of InterContinental Sydney

2 December 2020​

Owner and developer Mulpha Australia has awarded Built the contract to commence a full refurbishment of the InterContinental Sydney.

The project will re-position the landmark luxury hotel, dramatically enhancing its public facing amenity while preserving the hotel’s unique heritage including the original façade elements of the NSW Treasury Building dating back to 1851.

Built has now commenced construction work on the $95million redevelopment of the 32-storey flagship hotel, enabling the most significant improvements to the hotel in over 30 years.

The design concept led by New York architectural firm Rockwell Group has been design developed and detailed by local architect Woods Bagot in conjunction with Built. Construction is expected to be completed in early 202 with. the Hotel remaining open throughout most of the works.

The internal upgrade will include all 500+ guest rooms and corridors, as well as refurbishment of the ground level including the Macquarie Street entry, reception, and the inclusion of a new iconic public bar within the heritage central court. There will also be a full refurbishment of the hotel’s all-day dining restaurant, level 31 gym and pool, and another new bar within the level 32 Club InterContinental lounge that will be open to the Public.

The external work will include upgrading the iconic entrance on Phillip Street to ensure all-abilities access, roof alterations and expansion of the top-level Club InterContinental lounge, new greenery along the Phillip Street façade, and replacement of the tower’s awnings and windows.


The project, classified as a state significant development (SSD), is expected to employ up to 140 workers at its peak during construction, while generating an additional $10 million in annual economic benefit. This redevelopment will significantly enhance Sydney’s position as Australia’s premier global city and world-renowned tourist destination, contributing to a competitive visitor economy.

Greg Shaw, CEO of Mulpha Australia said:

“This project is testament to our confidence and commitment in the future of our iconic flagship hotel, and of Sydney’s future as a global tourist and business destination.

The property has operated as InterContinental, the world’s largest luxury hotel brand, since it opened in 1985 and is managed by InterContinental Hotels Group (IHG®), one of the world’s leading hotel operators.

Brett Mason,CEO &  Managing Director of Built said:

“We’re excited to partner with Mulpha and IHG on this iconic Sydney hotel. We will be bringing our extensive heritage refurbishment and luxury hotel experience to this project.  This includes the QVB, Gowings and State Theatre, Anzac Memorial and most recently the complex heritage redevelopment of the neighbouring Department of Education Building on Bridge Street.

“This is a complex and challenging project, and we have worked closely with Mulpha and their design team over the past year to plan the construction in detail to maintain a high standard of guest comfort and amenity during works.”

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