New $100m Sydney Airport precinct project to house Pullman hotel

Five-star class: An artist's impression of Pullman Sydney Airport.

A new Pullman hotel will open in Sydney as part of the planned $100 million development in Mascot, near the airport, that will include retail and offices.

Goodman Group is developing the O'Riordan Street site, in one of the biggest mixed-use projects in the area for some years. Accor will mange the new five-star hotel as part of the expansion of its Pullman chain.

The deal comes hot on the heels of the NSW government's plans to build a freeway from Sydney Airport to the south as part of a $20 billion infrastructure strategy.

Accor Pacific chief operating officer Simon McGrath said the project would be a key development for Sydney, and workers and residents near the airport.

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He said the key driver was the forecast growth in domestic and international tourism and also the rise in use of retail offerings near airports.

"It's not just about travelling, but also people who work and live in the area, where apartment blocks are replacing offices and warehouses in South Sydney," Mr McGrath said.

"Airports are no longer considered transport hubs; they are transforming into complete entities where hotels, conference centres, retail and office spaces co-exist."

Colliers International's head of retail, Michael Bate, said airports and other less traditional shopping areas were gaining traction from consumers.

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New $100m Sydney Airport precinct project to house Pullman hotel