Hemmes lifts lid on project APRIL 03, 2019 Pub titan Justin Hemmes’s $1.5 billion redevelopment will dominate a Sydney city block, taking up to seven years to complete, with world-class local and international architects engaging in a design competition for the proposed five-star extravaganza. In his first interview on the yet-to-be-named project, the billionaire said he planned a 52,500sq m tower opposite Wynyard Station, amalgamating his Ivy party palace and adding a substantial office component, a luxury hotel and an opulent hospitality precinct.