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May 2026: This year's Urban Taskforce Development Excellence Awards finalists have been announced, with five CE projects on the list.
April 2026: CE unveils a new benchmark for luxury living on the North Shore
April 2026: Wholegreen Bakery opens the doors to its first North Shore store at Pienza Neutral Bay
April 2026: CE named a finalist in six categories at this year's Urban Developer Awards for Industry Excellence
April 2026: Central Element expands in Drummoyne with second harbour-view site
"Paddington’s Olympia Theatre has a rich creative history stretching back to 1911. Now, the landmark Oxford Street building will be reborn as a hotel with three new venues from a fashionable London hospitality studio. The Palomar restaurant, which has held an esteemed Michelin Bib Gourmand award since it opened in Soho in 2014, will bring its brand to Sydney, alongside its transplanted award-winning cocktail and wine bar sibling, The Mulwray. Coffee and bakery concept Jacob the Angel will also join the party."
Scott Bolles
Good Food, Sydney Morning Herald
The venues are part of Studio Paskin hospitality group, which includes Michelin-starred Evelyn’s Table in its London portfolio.
The meticulous restoration and redevelopment of the hotel’s heritage-listed Oxford Street site originally known as the West Olympia Theatre – an icon in Paddington’s arts & culture community – is a true labour of love by Central Element, in partnership with Boston Global Group and acclaimed Australian architecture firm, Tonkin Zulaikha Greer. Bringing the interiors to life is the renowned Woods Bagot, the creative force behind Sydney’s Ivy precinct and Shell House.