Liquidity Waterfront Restaurant at Rozelle Bay Marina is a dedicated functions centre effective today June 11, 2008 after eight years of accolades as a restaurant and function centre.

Known for its stunning waterfront views and award winning food, liquidity has long been the 'place to be' in the inner-west. It will continue to operate as a premium function space until March 2009, hosting functions, weddings and corporate events.

Major re-development work around the waterfront, initiated by NSW Maritime, has driven the change to a function centre. The Rozelle Bay precinct redevelopment project will move into full construction mode this winter and the restaurant has been given notice to vacate by March 2009 for completion of the project.

Liquidity's owners and managers want to maintain the respect of the restaurant's loyal and supportive customers by not having diners inconvenienced by dust and noise during the initial construction phase.

"Rather than inconvenience our customers with building works and excess construction noise during Monday – Friday daytime, we have made the difficult decision to close the restaurant" said Rodger Powell, CEO of Australian International Hospitality (AIH) Group, who own and operate liquidity. "We are pleased that we can continue to serve the needs of our functions clients and will operate liquidity as an exclusive, dedicated function and events location for the duration of our contract."

'liquidity has been famed not only for its cuisine, but also its peaceful waterside ambience- so we felt it was most appropriate to go out on a swan-song, so to speak" he added.

Swan-song indeed, after liquidity's autumn series – a three month programme of entertainment- concluded on May 28, with acclaimed Brisbane chef, Philip Johnson as guest chef for the Sydney launch of his new book, Decadence.

"AIH Group will certainly be making the most of liquidity's great hospitality talent and all liquidity's staff will be retained and relocated within the Group to the benefit of our other venues" said Powell.