Adelaide property developer unveils plans to build world’s tallest cross-laminated timber (CLT) hotel in Victoria Square, Adelaide.
Thrive Construct, an Adelaide-based property developer, has announced plans to build two hotels at a cost of $300 million using cross-laminated timber (CLT) and green steel.
Their first CLT development is the 31-level Adelaide building which is scheduled to be built on the north-west corner of Victoria Square fronting Franklin Street.
The projected build cost is $170 million, and is set to feature 324 hotel rooms, 22 apartments, a “Sky Terrace” on Level 12 and a rooftop bar. It’s positioned to become a “destination lifestyle hotel for the millennial market”.
The second CLT building will be situated in Eyre Peninsula on the site presently occupied by the Whyalla Foreshore Motel. It will include 164 hotel suites and 49 apartments close to the town’s new jetty at a projected cost of $138 million.
“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,” Thrive Construct Executive Chairman Barrie Harrop said.
“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.”
The Victoria Square hotel will be built alongside and on top of the former MLC building, which will remain on the site.
Thrive Construct already has a council approved Master Plan for the Whyalla development, and the ‘steel city’ project will have a clear focus on sustainable construction with cross-laminated timber and green steel.
Thrive Construct managing director Peter Villis said the Victoria Square hotel is designed to be a social and business hub for the Adelaide CBD while the Whyalla project would serve the same project in the region.
“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 and beverage offer,” he said.
Construction on the cross-laminated timber Victoria Square site commences in early 2023, and Whyalla for late 2022. Both are due for completion in early 2024.