Hospitality tsar Justin Hemmes has added his lustre to a consortium including ASX-listed players Lendlease and Mirvac which is vying with US property giant Brookfield to develop Sydney CBD’s latest landmark, a twin tower project that will rise above the new Hunter Street metro station.

The two towers, each of 50 storeys or more, could deliver as much as 150,000 square metres of commercial office space, ultimately worth billions of dollars when fully developed. Adding to its value is its location in the heart of the CBD and its links to both the Sydney Metro West services and, via underground walkways, to Martin Place and Barangaroo.