LEND Lease has won the rights to develop a $1.5 billion hotel, convention and residential apartment complex at Sydney's Darling Harbour that it is hoped will rival entertainment centres such as those in Singapore.
The five-hectare development, including 1400 residential apartments, a 900-room hotel, and 23,000 square metres of student accommodation, will be constructed under a controversial public-private partnership (PPP) agreed with the New South Wales government.
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