Lidcombe Hotel For Meriton

Meriton Suites Lidcombe Artist Impression

THE Meriton group has been given planning approval to include a hotel on the doorstep of Sydney Olympic Park at Lidcombe.

The hotel, with 337 suites, will be part of Meriton’s mixed-use The Retreat project, which has been underway since 2017.

Its development is part of a new-hotel pipeline that will see five new Meriton Suites properties built in the next three years, including one each in Melbourne and Canberra.

The 19 properties already operating under the brand have close to 5000 suites, a figure that will exceed 6000 when the new hotels open.

Meriton founder Harry Triguboff yesterday said the location, on the doorstep of the ANZ stadium, was ideal for a Meriton Suites hotel.

“The population of the area is mushrooming and a lot of people stay short-term in the area, and not just to attend sporting events.

“Not everyone visiting Sydney wants to stay in the CBD when a tranquil setting is a quick journey away.

“There’s a train station within easy reach of our planned hotel that offers a 30-minute ride to the CBD.

“That journey will reduce to 20 minutes when the Metro West opens.”

The new hotel will be on part of a 5.17ha site at 5 Carter Street, bought from the Goodman Group for $245 million in 2015.

The planning approval for the hotel stage also includes a supermarket and retail space at the base of one of the hotel towers, on the corner of Uhrig Road and overlooking a future public park.

The Retreat development, which also includes more than 1000 apartments, is expected to be completed within two years.

The first of two towers in initial stage Aura is sold out.

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// the_post_thumbnail(); Harry Triguboff Australian billionaire real estate property developer, is one of Australia's richest people. He is the founder and managing director of Meriton. Market’s springing to life