Billionaire businessman, James Packer has shortlisted four of the world’s best architects (Adrian Smith + Gill Architecture, Kohn Pedersen Fox Associates, Renzo Piano and Wilkinson Eyre Architects) to bid to design and build the urban masterpiece that will be Crown Sydney.
The proposed $1 billion six-star Crown Sydney resort will be a dramatic addition to Sydney’s skyline and be built across a giant 6,000 square metre site in Barangaroo. — DesignBuild Source

Brooklynites might consider themselves lucky. In Manhattan, Madison Square Garden’s owners are renovating, spending nearly $1 billion. Judging from results so far, it won’t be enough. The Barclays Center is no Garden disaster, just an extraordinarily expensive lost opportunity. — bloomberg.com