Brisbane office tower to become hotel
Fraser Hospitality has lodged a development application to convert 74 Albert St/89 Mary St, in Brisbane’s CBD into a new 4½ star hotel facility.
The development comprises of a ground level restaurant, podium level function rooms, club lounge, pool and gymnasium. Approximately 15,000 m² of existing commercial office space on levels 3 to 18 would be converted to between 230 and 250 short term accommodation (or hotel) units.
The 19 level office building will come under the new Capri by Frasers hotel brand, which already operates three hotels in Singapore, Malaysia and Vietnam and planning more hotels in Frankfurt, Shanghai, Indonesia and Malaysia.
The refurbishment is not anticipated to be completed before next year’s G20 summit, with completion slated in 2015.