The Longriver Group has selected a builder to construct a $60 million, 14-storey hotel in Melbourne’s CBD.
ADCO will demolish the three existing buildings at the site and will undertake the design and construction of the hotel on Russell Street.
The 189-room development will include three retail tenancies, a signature restaurant space at basement level, a ground and rooftop bar on Level 11, a multi-purpose space for events and functions, a gymnasium and back-of-house operational areas such as offices, change rooms, end-of-trip facilities, luggage storage, laundry and housekeeping rooms, and storage.
“We are pleased to be working with Longriver to provide Melbourne with a beautiful new building that responds to its urban setting,” ADCO CEO Neil Harding said.
“For almost 50 years ADCO has expertly delivered striking developments within the hotel, hospitality and short-term accommodation sectors.”