Adelaide-headquartered development company, Thrive Construct, has this week announced a major $300 million-dollar plan to develop two international hotels across South Australia; an investment that represents the largest single tourism infrastructure investment in the state’s history.
The sites, located at 187 Victoria Square in Adelaide’s CBD and in regional South Australia on the Whyalla foreshore, will have a clear focus on sustainable construction with cross-laminated timber and green steel.
Executive Chairman of Thrive Construct, Barrie Harrop, is thrilled to announce the milestone investment into the South Australian tourism sector.
“Our historic two hotel development plan will provide an unprecedented boost to the South Australian tourism sector, driving domestic and international visitor spend into the state.
“Upon completion, the Victoria Square site will be the tallest hotel in the world manufactured from cross-laminated timber. We have worked with Cox Architects to develop a structure that is completely carbon neutral and constructed from renewable plantation pine and green steel. All supplied from Australian industry,” added Harrop.
A destination lifestyle hotel for the millennial market, Victoria Square will include 31 levels with 324 hotel rooms and 22 apartments and will accommodate a Sky Terrace on Level 12 and a rooftop bar on Level 31.
Whilst the Whyalla absolute beachfront site, will include 164 hotel suites and 49 apartments and is surrounded by a 100-year-old City botanic garden.
Peter Villis, Thrive Construct, Managing Director, comments “The Victoria Square hotel is designed to be a social and business hub for the Adelaide CBD, whilst Whyalla will be the social and business hub for the region, both operated by a carefully selected globally recognised International Hotelier.”
“We have thoughtfully crafted the hotel design in each location, to ensure a perfect sense of place, which reflects a homegrown Australian regional land and national spirit and embraces global art as well as a regionally relevant Food & Beverage offer,” added Villis.
The hotels will be prefabricated in advanced materials and modular construction, and mostly factory assembled, with construction on the Victoria Square site slated to commence in early 2023, and Whyalla for late 2022, both scheduled for completion in early 2024.
This week, Thrive officially signed the joint development deed with Dim Georgiadis, representing the eleven owners of 187 Victoria Square, which enables the project to move into the next phase of detailed design and engineering. Dim Georgiadis, Stratacorp spokesperson for 187 Victoria Square, said the ownership group are pleased to move ahead with this landmark development.
“It is fantastic to see a development of this scale secured for 187 Victoria Square. The hotel will be an impressive addition to the CBD landscape and a major drawcard for tourism to our great city,” said Georgiadis.
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