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Developer Hanave is going ahead with plans to build a $42-million boutique hotel at the Henderson Hat factory site in Surry Hills, Sydney.
Arson squad detectives have charged two 13-year-old boys over a suspicious multi-storey building inferno that caused chaos in Sydney's CBD.
The more-than-a-century-old former hat factory was gutted by fire just after 4pm on Thursday.
Transport was suspended and nearby residents evacuated after a building went up in flames on Thursday.
Those dreams were reduced to a smouldering pile of rubble by Friday, as firefighters extinguished the final flames and police investigating the blaze as suspected arson questioned two teenagers.