Launceston’s silos hotel project: Developer submits final plans for Invermay precinct

24/09/2014 4:18 am

Launceston Silos Hotel Development


Final plans have been submitted to Launceston Council for a $16-million development at Launceston's waterfront silos.

Developer Errol Stewart wants to transform the silos at Invermay into a 79-bed hotel, conference room and restaurant. The plan includes restaurants, a bar, a gym and lounge within the silo building.

Mr Stewart said there was demand in Launceston for a hotel like this.

"There is certainly a shortage in Launceston in rooms, when there is something significant on," he said.

Mr Stewart said strong demand existed for guest accommodation around the price he was proposing.

"At the end of the day, people will pay $200 night for a room, maybe we can stretch that a little further, but we can't sort of double the rate," he said.

"And that's the important thing, you've still got to realise that Launceston has plenty of accommodation demand for rooms around the $200 a night level."

Launceston Mayor Albert van Zetten has inspected the site and said Mr Stewart's vision complemented the council's planned redevelopment of the former industrial precinct.

"It's just to bring people back and to have these developments is really re-using the areas, and ensuring that the culture and the history is maintained," he said.

(Via ABC)