The city of churches is set to welcome its first ever micro-hotel, with approval granted for a new build in Adelaide’s CBD.
Property developer Hines Property has received planning approval to build the city’s first micro-hotel at 274 North Terrace, on the corner of Frome Street.
The15-storey, 53-metre-high build will feature “high quality yet small rooms” designed for short-stay visitors and young tourists, the company said in a press statement.
It will comprise 253 compact rooms ranging in size from 13 square metres to 28 square metres, designed by global architecture firm Woods Bagot. The $55 million hotel will also include a gym for guests, plus a ground-floor lobby, lounge and bar.
Hines Property managing director James Hines said the new micro-hotel will “fill a gap” in Adelaide’s market for minimalist yet stylish travellers.
“The micro-hotel trend is booming in cities across the globe, so we’re bringing the concept to Adelaide, which is really exciting,” he said.
“Micro-hotels are perfect for people who want a quality place to stay and are happy to trade excess room space for a lower room cost.
“Micro-hotels are proving particularly popular with business and young travellers who want to stay in the heart of the action without spending a fortune to do so.”
The 274 North Terrace hotel be based between East End and North Terrace precincts, opposite Lot Fourteen – a hub for emerging tech companies, including the Australian Space Agency – and a new tram extension.
“The project is also great news for the Adelaide economy, with up to 200 jobs to be created during the construction period,” Hines added.
Construction of the property is anticipated to commence next year ahead of opening in 2021, and Hines said a worldwide search is already underway to select an operator for the hotel.
The 274 North Terrace development is set to increase Hines Property’s property portfolio to more than 1,000 hotel rooms, which includes the five-star Pullman Adelaide Hotel and the premium economy Ibis Adelaide Hotel.