For the first time in the company's history Hyatt will break ground in Queensland's capital.
The international hotel chain has announced plans for a hotel in South City Square, which is set to open in 2023.
Hyatt Place Brisbane Square is expected to feature 170 rooms, a rooftop pool and bar, a 24-hour grab-and-go food market, as well as a café, lobby lounge and fitness centre.
The development will mark the first time Hyatt has had a presence in Queensland since 2012. Previously, the hotel chain had Hyatt Regency hotels in Sanctuary Cove on the Gold Coast and Coolum on the Sunshine Coast.
Intercontinental took over the Hyatt Regency building in Sanctuary Cove in 2012 while Clive Palmer bought the Coolum resort for $80 million in 2012.
The new hotel will be developed with Hyatt's joint-venture partners Pellicano and Perri Projects, the two construction companies behind the development of the $700 million South City Square precinct project.
"We're proud to work with Pellicano and Perri Projects to bring the Hyatt Place brand to Brisbane for the first time, marking Hyatt's return to the Queensland market and into a dynamic and fast-emerging community," says Hyatt's group president, Asia Pacific, David Udell.
"Woolloongabba is a hotspot for major sporting, entertainment, tourism, commercial and medical areas in Brisbane, and we look forward to giving professionals and leisure travellers a relaxed, high-quality hotel experience within South City Square's vibrant, inner-city lifestyle hub."
The South City Square development is a major project for the Woolloongabba area of Brisbane. Once completed, the area will boast 850 apartments, a Readings Cinema, a Woolworths supermarket, health and wellness facilities, offices, a childcare centre, and retail space.
Pellicano managing director Nando Pellicano says the Hyatt announcement will further add to an already massive development of the area.
"We're delighted to work with Hyatt and benefit from its world-class knowledge and introducing guests to Hyatt's first select-service contemporary hotel in Queensland," says Pellicano.
"Hyatt Place Brisbane South City Square will be the leading hotel destination for cricket and AFL enthusiasts, as well as those visiting for major entertainment events at our flagship 'Gabba' stadium."
The precinct and hotel will be near the 6.5-hectare Cross River Rail Woolloongabba underground station and its integrated bus hub currently under construction.
Renders of the South City Square project: Provided
Business News Australia
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