This article is from the Australian Property Journal archive
DEXUS has launched its theatre and dining precinct at 25 Martin Place, taking the circa $170 million development of the tower’s retail and lifestyle offering to its final stages.
Dexus was joined by Trafalgar Entertainment and Destination NSW to celebrate the milestone, which included a live performance by the cast of Jagged Little Pill currently showing at Theatre Royal Sydney.
The new dining precinct complements the restored Theatre Royal Sydney following collaboration between Dexus, the NSW government and Trafalgar Entertainment.
25 Martin Place is owned in partnership by Dexus and Dexus Wholesale Property Fund.
“In 25 Martin Place, we have created a vibrant, al fresco entertainment precinct where people can come together to socialise and connect as part of the 24-hour city,” Dexus chief investment officer, Ross Du Vernet said.
“The theatre’s revival together with this truly exceptional dining precinct is breathing new life into the heart of Sydney’s CBD.”
Italian luxury fashion houses Missoni and Brunello Cucinelli recently signed on to join the high-end retail component of the precinct and will set up shop within the 6,000sqm of retail space across four levels at the base of the revitalised tower. The flagship stores will join other premium brands at the redeveloped 25 Martin Place such as Valentino.
Sir Howard Panter, joint CEO of Trafalgar Entertainment Group said, “Sydney has always been a landmark destination globally, and now with the glorious restoration of Theatre Royal Sydney it’s a landmark to visit but also to experience the best of world-class entertainment”.
Minister for Tourism Stuart Ayres says 25 Martin Place would play a significant role in Sydney’s cultural offering and reigniting the city’s night-time economy.
“Theatre Royal Sydney is the jewel in the crown of the new dining and theatre precinct at 25 Martin Place. It is exciting to see the architectural heritage of this entertainment precinct fully restored, providing a state-of-the-art venue for the highly-anticipated return of Jagged Little Pill in Sydney.”
