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Baker & McKenzie Advises The New South Wales Government In Connection With The Crown Group’s Proposed $1.5bn Development At Barangaroo.

14 November, 2013

 

Regarding the news about the New South Wales Government approving Crown’s/Packer’s proposed $1.5 bn development at Barangaroo, Baker & McKenzie is advising NSW Government on this deal, led by corporate partner David Holland based in Sydney. He is being assisted by partners Howard Fraser; Geoff Wood and Sebastian Busa.

 

Ashurst is advising Crown.

 

The 70-floor resort is expected to include 350 six-star hotel rooms, 80 luxury apartments, celebrity chef restaurants, at least 120 tables and 10 private VIP gaming saloons. As part of the terms of the deal, Crown is banned from offering poker machines and its overall gaming space will be restricted to 20,000sq m. Locals will only be able to play if they are approved to join a Crown membership club.

 

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