In a bid to cater to the surging tourism numbers in the region, MBRC has granted approval to Elanor Investor Group to construct a new 142-room, eight-level hotel above the Bluewater Square Shopping Centre in Redcliffe.
Elanor Investment Group is a Sydney-based ASX-listed company with a substantial portfolio of real estate investments exceeding $2.7 billion across Australia and New Zealand.
The project involves the construction of a new 142-room, eight-level hotel above the Bluewater Square Shopping Centre in Redcliffe. The group acquired the shopping centre in 2017.
The development approval is aimed at helping meet the urgent need for additional hotel rooms as the region experiences a boom in its tourism sector.
Strategically positioned in proximity to Brisbane’s domestic and international airports, as well as the bustling Brisbane CBD, this new hotel will provide much-needed short-term lodging options for tourists visiting the region. Furthermore, it will play a crucial role in accommodating the influx of visitors expected during the 2032 Olympic Games.
The hotel’s exterior will be adorned with captivating public art and murals, creating an aesthetically pleasing facade. Its top level will feature a bar open to both hotel guests and the public, boasting a generous 360-square-meter function area, a well-equipped kitchen, and a swimming pool. Guests will be treated to breathtaking panoramic views of Moreton Island, offering them a truly world-class experience in this highly sought-after retail and tourism destination.
Moreton Bay Mayor Peter Flannery expressed his enthusiastic support for Elanor Investment Group’s increased investment in the region. He acknowledged that this ambitious project will help meet the growing demand for additional hotel rooms, ensuring that visitors have ample accommodation options to choose from.
“Elanor Investment Group’s new 142 room hotel development shows great confidence by hotel developers and investors in Moreton Bay as we power towards becoming Queensland’s $40 billion engine room,” he said.
“The Moreton Bay region is one of Australia’s largest and fastest growing areas. Our population already surpasses Canberra, at more than 500,000, with another 200,000 residents projected to call our region home over the next 20 years.
“Moreton Bay’s billion-dollar tourism industry is on the rise, with 4.3 million annual visitors, more than double the total visitor numbers to Noosa, is home to Australia’s newest NRL team – the mighty Dolphins, and we’re a host venue for the 2032 Olympic and Paralympic Games.
“We have become Australia’s hotel hotspot as we are currently significantly undersupplied to support the needs of a thriving region and growing visitation.
“Moreton Bay needs eight hotels and 1,035 hotel rooms by 2032, with four hotels required by 2026, and to help us we’re providing hotel investors and developers with incentives and a dedicated concierge service to make investing in Moreton Bay as easy as possible.”
“The proposed short-term accommodation, function facility and bar utilise the existing shopping centre, whilst incorporating uses that will be highly beneficial to the local area,” a spokesperson for Elanora Investment Group said.
The new hotel will seamlessly integrate into Bluewater Square, an already thriving retail and leisure precinct. Designed to focus on non-discretionary retail, including medical facilities, a gymnasium, government offices, and professional suites, the precinct will now offer a touch of luxury with the addition of this prestigious hotel.
Published 29-May-2023