SYDNEY’S GROWTH.

Otago Daily Times, Issue 19947, 15 November 1926, Page 7

SYDNEY’S GROWTH.

A BUILDING BOOM. (Fnoi) Oub Own Cobbespondent.> SYDNEY, November 4. The fact that the historic Royal Hotel in George street, Sydney, which was built in the heart of the city more than 80 years ago, and which was one of the landmarks of Sydney, is to be demolished to make room for another big pile of buildings, reminds one of the unprecedented extent of building operations in the capital of the Mother State at the present time. In the last 60 years Sydney has been rebuilt two or three times. The building operations are not confined to any one portion of the city. From Circular quay to the Central Railway Station, out to populous Darlinghuret, the home of flat life, and Surre}' Hills, in the east, and Pyrmont, on the west, buildings of from six to ten storeys are going up in all directions. In the last couple of years the buildings completed in the city proper have cost more than £6,000,000. Already some are clamouring for permission to erect buildings in Sydney of 40 storeys and over, but the consensus of opinion appears to be favourable to the retention of the 150 ft height limit. Outside the city the growth is no less remarkable. It is nothing these days to see quotations of from £lO to £2O a foot for land in attractive suburbs; for choice positions anything up to £4O and more is not only demanded but willingly given. How Sydney is going to cope clfcctive/y with its traffic in another decade is a thought which inevitably impresses itself upon one.