Latest update: 01/12/2017
Five-star hotel planned for Convention Centre precinct
Ōtākaro Limited has confirmed its plans for a premium, five-star hotel in the Convention Centre precinct.
The hotel is likely to have about 200 rooms and would be situated on the corner of Colombo Street and Cathedral Square.
“This is a prime location,” says Ōtākaro Chief Executive, Albert Brantley. “Having a premium quality hotel adjacent to the Convention Centre will help secure significant business events. Being a 24x7 business, it will also help bring life to Cathedral Square.”
The Convention Centre has been designed with the ability to connect to a hotel, which would enable delegates to walk from the hotel lobby directly into the venue.
Ōtākaro has commissioned commercial real estate agency, JLL to market the hotel concept to prospective hotel developers and investors. Ōtākaro aims to have an agreement in place with its preferred developer by the end of 2018.
Mr Brantley says the land chosen for the hotel will be required for the construction of the Convention Centre through until mid-late 2019. “So there is time for all the planning and design work that precedes construction.
“Ideally the hotel would be open around the middle of 2021. That will be our first big winter season of events at the Convention Centre, but it’s too early to say if the hotel could be completed by then.”