Plans have been lodged for a new hotel on the edge of the Nepean River in Sydney's outer west.

The site 20 Memorial Avenue, Penrith, has been utilised for hospitality for over 200 years, and was most recently operating as the Log Cabin Hotel, which burnt down in 2012.

Pub baron Arthur Laundy is now set to invest $35 million redeveloping the venue, in addition to acquiring two more sites at Jordan Springs in Sydney’s west and near Albion Park on the NSW south coast that will be used for major pub developments.

A consortium comprising Laundy Hotels, the Cottle family and local businessman Rob Wearn are behind the project, which was submitted Penrith City Council this week 

If approved, the hotel will include a fine dining restaurant, function room space, beer garden, cocktail bar and an external deck to provide patrons with views of the Nepean River.

Blake Cottel and Rob Wearn, two of the property’s owners, told the Penrith Press that the development "represents our collective investment in the future of Penrith".

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