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Harry Triguboff, founder of the Meriton. Harry Triguboff, founder of the Meriton. Featured

NEW CHAPTER IN SOUTH WEST GROWTH

Meriton: Liverpool can trump Parramatta
RED DWYER
AN Australian billionaire property developer believes the rezoning of the Liverpool CBD has the potential to give Parramatta a run for its money.

Harry Triguboff, founder of the Meriton Suites and Hotel chain, believes Liverpool Council’s rezoning of 25 hectares will open a new chapter in the growth of the city in Sydney’s south-west.
 
“The rezoning of 25 hectares in the CBD has opened the door to a growth explosion which will be fuelled by things such as the new Western Sydney Airport and the aerotropolis,” he said.
 
“I expect Liverpool to replicate the growth and excitement that has Parramatta buzzing.”
 
To demonstrate its faith in the city, Meriton has outlaid $15.25M on the purchase of a mixed-use site, formerly the Roma Function Centre, at 167 Northumberland Street.
 
The 1539-square-metre site has the potential to host a 28-level tower with 165 hotel suites plus shops, offices and a childcare centre.
 
The potential project would join other Western Sydney Meriton establishments in Parramatta, North Ryde and Lidcombe; an additional property, a 55-level hotel including 346 suites, is under construction in Parramatta.
 
The rezoning of 25 hectares in the heart of Liverpool would reinvigorate the CBD. council said at the granting of the rezoning late last year
 
“We’re going to allow the commercial heart to thrive ... I’m really excited about the future of modern Liverpool,” Mayor Wendy Waller said at the time.
 
Liverpool’s accommodation sector has increased as the city has developed with establishments including Quest, Mercure, Ibis and The William Inglis Hotel – MGallery by Sofitel.
 
Liverpool, the business hub of the south west, has seen major investments in the hospital and university sectors.


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Michael Walls
michael@accessnews.com.au
0407 783 413