Excerpt from article posted by Mark Baljak, 07/03/2017.
Melbourne's dynamic hotel sector continues to see new deals done, further expanding the lengthy queue of short stay accommodation projects in development around the city.
After opening their first Melbourne outlet in Docklands at the turn of 2016, Peppers will take on a new Southbank tower as part of parent company Mantra Group's aggressive expansion plan throughout Australian and New Zealand (link is external). The plan sees Peppers Southbank as one of five new hotels for Mantra Group in the region, with 900 new rooms in total planned.
Peppers Southbank will be sited at 64-68 Clerendon Street, currently a two level commercial building across a 412sqm site. In anticipation of a late 2018 opening date, preliminary demolition has begun onsite.
Although garnering 63 objections (link is external) during the planning process, 64-68 Clarendon Street received approval during late 2015 for a residential hotel tower. The building's overall appearance has been altered from earlier images, with a cleaner facade, defined podium to Clarendon Street and additional floors added, slightly boosting the overall room count to 165.
Point Polaris are also involved at a project management level (link is external), with Peppers Southbank's development value slated as $60 million.
With the completion of demolition, site works began in late July, 2017.
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