The Double Bay hotel that once hosted Princess Diana and saw the tragic death of Michael Hutchence will soon be gone, making way for a $1 billion mixed-use precinct after developers won final approval for its demolition.
A Landmark’s New Look
The InterContinental Hotel site at 33 Cross St, which has long been a key part of Double Bay’s identity, has received the green light for a major overhaul. The project, led by Sydney developers Eduard Litver of Capitel Group and Allen Linz of Rebel Property Group, will see the current six-storey building replaced.
In its place, a new landmark building designed by COX Architecture will be constructed. This new structure will feature a mix of high-end shops and dining, commercial offices, boutique accommodation, luxury residences, and a wellness centre. The development application, which was lodged late last year, was approved in under 12 months.
A Site Rich with History
For many, the hotel holds powerful memories. It was the preferred hotel for visiting celebrities and royalty, including the late Princess Diana, who stayed there just a year before her death. The site is also remembered as the Ritz Carlton, where, 28 years ago, INXS frontman Michael Hutchence tragically died. This approval marks the end of that specific era for the building, paving the way for a complete revitalisation.
A Focus on the Future Village
The developers behind the project expressed that the approval is a significant milestone for Double Bay’s ongoing evolution. Allen Linz said the team welcomes the decision and looks forward to creating something that enriches the local community. He stated their goal is to strengthen the area’s appeal as Sydney’s top harbourside destination.
Eduard Litver added that the project will make a lasting contribution to the village’s future. He noted that the new retail and hospitality spaces are designed to support local life and business, adding to the vitality of the area.
From Planning to Building
With the project now fully approved, the team’s attention is shifting to the next phase. Arian Galanis of Metis Group, who managed the project through the approval process, said the focus now turns to delivery. He confirmed the team is working closely with designers to bring the vision for 33 Cross Street to life, aiming to set a new benchmark for quality lifestyle-led development in Sydney.
Published Date 28-October-2025
