An illustration of the proposed hotel outside Sydney Airport from the Boston Atlas Hickory joint venture.

A development application has been submitted to Sydney’s Bayside Council for approval to construct an AUD$130 million ‘gateway hotel’ at 210 O’Riordan Street, Mascot, comprising 12 storeys and 224 guest rooms.

The application has been lodged by a joint venture comprised of real estate investment group, Boston Global, in conjunction with investment management firm, Atlas Investment Corporation, and construction outfit, Hickory. Together, the Boston Atlas Hickory venture has identified an opportunity to develop the hotel just outside the entrance to Sydney Airport’s Domestic terminal.

Submitted plans show the hotel situated on a site at the corner of O’Riordan and Robey Streets in Mascot, intersecting Baxter Road and located 850 metres from the entrance to the airport precinct. The hotel, if developed, will sit across the road from Marriott International’s planned Moxy Sydney Airport which has now commenced construction.

No operator for the hotel has been selected as yet.

Additional facilities at the proposed hotel will include a rooftop sky lounge with a restaurant and bar overlooking the airport runways and the Sydney CBD, with branding and advertising signage opportunities attached to the roof. Within the hotel itself will be a fitness centre and wellness facilities, conference and meeting rooms with ground floor retail options.

According to submitted documents, plans call for 128 King bed rooms, 72 Twin Double bedded rooms, 14 with Twin Queens and 10 with Accessible functionality. Rooms would feature from Levels 5-11 with conference space and other lounge and dining facilities from Ground to Level 4.

Hickory Director, Michael Argyrou, said he was pleased to be working with Boston Global and Atlas on this premium hotel development.

“The project will deliver outstanding amenity to the area, and welcome both domestic and international travellers upon completion in 2024.”

The hotel will feature 224 rooms and a rooftop bar and restaurant overlooking the runways.

Atlas Founder and Director, Alexander Rodakis, added his delight at the company being able to progress the application with support from its two partners.

“As we emerge from these challenging times, this project represented an opportunity to secure a well-located site with excellent potential and investment in our local economy,” he said.

“This project is a significant development for the region, with a high-quality offering in an important gateway location, which will be viewed by international and domestic travellers both in and out of Sydney Airport.”

Construction timelines show plans for an 18-month build beginning in August 2022 and wrapping up in March 2024 in line with the anticipated return of pre-pandemic domestic and international travel volumes.