Approval granted for landmark $1b Double Bay redevelopment
Double Bay continues to evolve into one of the more luxurious suburbs of Sydney with the NSW government giving the green light for the $1 billion redevelopment of the InterContinental Hotel site into a world-class mixed-use destination that blends luxury living, hospitality and retail.
The approval by the Sydney Eastern City Planning Panel allows developers Capitel Group and Rebel Property Group to move ahead with an eight-storey COX Architecture-designed project that will replace the existing six-storey hotel at 33 Cross Street, Double Bay.
The new landmark will feature boutique accommodation, commercial offices, a wellness centre, premium retail and dining spaces, and a limited collection of luxury residences. Public-realm improvements will also enhance the pedestrian experience throughout Double Bay village.
Metis Group is leading the project team on behalf of the owner consortium throughout the planning and approval process.
Rebel Property Group managing director Allen Linz describes the decision as a major milestone for Double Bay, saying the project reflects a shared commitment to enrich the community and strengthen the suburb’s appeal as Sydney’s premier lifestyle hub.
Capitel Group’s Eduard Litver says the development would make a lasting contribution to the suburb.
“This site has long been part of Double Bay’s identity, and this approval allows it to play an even greater role in the community’s future,” he says.
Double Bay has undergone a gradual evolution over the past decade, with a new generation of developments re-energising its retail and dining scene. The 33 Cross Street project is expected to further catalyse investment in the area and increase foot traffic.
It also continues the legacy of the InterContinental Hotel site, which is a long-standing Double Bay landmark.
When complete, the new building will join a portfolio of design-driven destinations delivered by Capitel and Rebel – including Pacific Bondi Beach, The Cosmopolitan Double Bay and Pier One Sydney – that have reshaped Sydney’s urban landscape.
