the Star\u2019s wish <\/a><\/em><\/strong>to invest AU$530 million (US$378 million) in a new 51-storey Ritz-Carlton 51, which was rejected by city authorities in November.<\/p>\n\n\n\nPlanning and Public Spaces Minister Rob Stokes warned against rumours of The Star getting its building approved, saying that the operator’s initial plans included heights quite different from those allowed in the new strategy.<\/p>\n\n\n\n
The 237-metre tower proposed by the casino was rejected last November by the Independent Planning Commission as being “overly obtrusive”.<\/p>\n\n\n\n
Locals have voiced objections to the hotel plan, demanding the project involve more schools and access to affordable housing.<\/p>\n\n\n\n
Sydney Mayor Clover Moore appears to agree. According to The Sydney Morning Herald, he said: “future development in the precinct should prioritise jobs and industries of the future, not gambling.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The Sydney casino’s plans were rejected last November but it has a new opportunity as NSW seeks to revamp suburbs.<\/p>\n","protected":false},"author":2,"featured_media":8614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Star casino's AU$530 million 51-storey Ritz-Carlton hotel project in Sydney, previously rejected, has seen renewed prospects following the New South Wales (NSW) government's draft Pyrmont Peninsula Place Strategy. This 20-year urban development plan allows for increased building heights, potentially accommodating a revised proposal, despite initial local objections and the operator's original 237-meter tower being deemed \"overly obtrusive.\"","focusai_entities":"The Star, New South Wales government, Independent Planning Commission, Rob Stokes, Clover Moore, Ritz-Carlton","focusai_location":"Australia, Sydney, New South Wales, Pyrmont Peninsula","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.9), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Star's Revised CAPEX Impact?","query":"What are the specific financial implications for The Star's capital expenditure plan, including potential cost adjustments, given the revised height restrictions and the need for a new development application?"},{"label":"NSW Strategy on IRs?","query":"How might the New South Wales government's Pyrmont Peninsula Place Strategy influence the feasibility and regulatory pathway for other potential integrated resort developments or expansions in the broader Sydney metropolitan area?"}],"footnotes":""},"categories":[16336,28],"tags":[289,1866,21815],"class_list":["post-8611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-casino-news","tag-australia","tag-sydney","tag-the-star"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=8611"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8611\/revisions"}],"predecessor-version":[{"id":8620,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8611\/revisions\/8620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8614"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=8611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=8611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=8611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}