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Australia’s first Waldorf Astoria reaches key construction milestone, unveiling one of Sydney’s best views

  • 26 Feb 2025

Sydney, 26 February 2025: Australia’s first Waldorf Astoria hotel is rising to take its place on Circular Quay’s iconic skyline, as the tower reaches the significant construction milestone of ‘topping out’, marking the completion of the 26-storey building’s superstructure.

Owned by Fiveight, a portfolio company of Tattarang, built by Lendlease and developed by Lendlease in partnership with Mitsubishi Estate Asia, the Waldorf Astoria Sydney will be anchored by a public precinct that includes retail and dining. It is part of Tattarang’s long-term vision to invest in and support iconic Australian places, spaces and products that showcase the best of Australia.

More than 430,000 construction hours have been clocked up so far and about 2,400 tonnes of steel used, as construction of the world-class hotel moves into the next phase which includes the installation of the façade, a mix of sandstone, green walls and glass designed by Kengo Kuma & Associates and Crone Architects.

The development is also creating opportunities for Australia’s best artisans and artists who are being commissioned to contribute to the hotel and create meaningful public amenity for the five million people who visit Circular Quay each year.
The Waldorf Astoria Sydney will unlock significant opportunities for Australia’s gateway city and strengthen Sydney’s reputation as a leading tourism destination.

The 227-room hotel is set to redefine luxury hospitality, offering unrivalled views across Sydney Harbour, the Opera House and Sydney Harbour Bridge. Guests will have access to premium amenities including restaurants, spa and wellness facilities, indoor pool, ballroom and event spaces, boardrooms and a rooftop bar and restaurant.

The Waldorf Astoria Sydney is being developed alongside Lendlease’s luxury residences, One Circular Quay. With a ground floor precinct that will become one of the world’s most desired places to live, shop and visit, the residential tower is already 77 per cent pre-sold by value.

Quotes attributable to Tom Mackellar, CEO Development, Lendlease:

“The new Waldorf Astoria Sydney will offer a level of luxury, service and amenity yet to be seen in Australia’s hotel market and will further position Circular Quay as one of the world’s most desired places to live and stay. 
 
“The transformation of this site will only elevate Sydney’s international appeal, made possible through strategic partnerships to deliver outcomes far exceeding what could be achieved alone.”

Quotes attributable to Tattarang Director Nicola Forrest AO:

“The new Waldorf Astoria at Circular Quay will offer a world-class setting for local and international visitors, but its true value lies in proudly showcasing Australia’s finest produce, artists and creators with the rest of the world. For me, securing this significant development in Australian hands is an ongoing investment in our country and the best of what we have to offer.”

Quotes attributable to Tattarang Director Dr Andrew Forrest AO:

"With more than five million people passing through Circular Quay each year, we are proud to invest in this uniquely Australian address. The Waldorf Astoria will offer visitors a front-row seat to Sydney’s most breathtaking views, along with world-leading hospitality and a distinctly Australian experience.”

Quotes attributable to Paul Hutton, Area Vice President and Head of Australasia, Hilton:

“Reaching this milestone for Waldorf Astoria Sydney brings us one step closer to introducing one of the world’s most iconic luxury brands to Australia. This landmark hotel will not only redefine luxury hospitality in the region but also reinforce Hilton’s commitment to delivering world-class experiences in the most sought-after destinations. 

“As we continue to expand our luxury portfolio in Australia, Waldorf Astoria Sydney will set a new benchmark for elegance, personalised service, and unforgettable stays. Together with our partners, we’re excited to redefine Sydney’s hospitality landscape and create a destination that will be celebrated by travellers from across the globe.” 

Quotes attributable to Clover Moore, Sydney Lord Mayor:

“The Waldorf Astoria in Sydney, with its luxurious design, personalised service and gastronomic excellence, is sure to be become a new cultural landmark right at home in this precinct. It will no doubt add to the outstanding new buildings and public spaces in this prestigious, historic and culturally significant part of our city.”


For more information:

Ashley Chrysler
Senior Manager External Affairs, Lendlease
ashley.chrysler@lendlease.com
+61 472 653 297

Adam Haynes
Communications Director, Tattarang
ahaynes@tattarang.com
+61 460 319 266

Deborah Gold 
Director of Communications Australasia, Hilton  
deborah.gold@hlton.com
+61 419 980 504

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