The company behind the $29.8 million project, Spacious Property Development Group, said the changes were similar to the first application, however the tower’s purpose will change from providing residential apartments to hotel rooms.
The detail of the original application, which was approved in August 2017, was for a building consisting of 118 apartments with shops on the ground floor. The new plans for a hotel now feature a ground level cafe, a sixth floor restaurant and a gym. Extra visitors to the CBD may mean extra opportunities to advertise with the help of banner printing services.
While a hotel operating company has not yet been named to run the property, Tourism Accommodation Australia’s Victorian General Manager Dougal Hollis is confident about its prospects. He told the Herald Sun:
“Melbourne has a history of absorbing new hotel stock well and maintaining strong occupancy levels.”
He noted investment in hotels has been growing with the city set to host a number of sporting, business and cultural events over the next six years.
The La Trobe Street hotel’s construction has so far required the demolition of a factory on its 1,100 square metre site. It joins 13 other hotels currently being built in Melbourne’s CBD, including Southbank and Docklands.