Perth city’s eastern heritage precinct is set for significant revitalisation following Development Approval for BGC Development’s 480 Hay Street project from the City of Perth’s Local Development Assessment Panel.
Bounded by Murray Street (north), Hay Street (south) and Irwin Street (west), 480 Hay Street is a AUD$500m development to be anchored by The Westin Perth, a five star, luxury hotel, and a 22 storey A+ grade office tower.
BGC Director Julian Ambrose welcomed the approval, which paves the way for hotel construction to commence immediately, with The Westin Perth scheduled to open in 2017.
The project involves significant heritage refurbishment and adaptive re-use, as well as the delivery of a range of creative and unique spaces and public places housing destination food, beverage and retail.
Part of the State Government’s Hotel Development Incentive scheme, BGC Development and Starwood Hotels and Resorts have built on their existing partnership, having already committed to deliver Aloft Perth Rivervale at The Springs, and are now delighted to bring the Westin brand to Perth.
“BGC Development, Starwood Hotels and Resorts and our design teams have worked to create a precinct that will deliver a further boost to Perth’s growth and evolution as a capital city – and a new level of sophistication through the The Westin Perth,” Ambrose said.
“Perth’s hotel accommodation shortage is well documented, so realising the vision to bring The Westin Perth to 480 Hay Street will go a long way toward resolving this issue in the immediate term.
“The Westin Perth, combined with BGC Development’s proposed commercial building and other significant precinct attractions will see the evolution of Perth’s next inner city destination,” he said.
Starwood Hotels and Resorts’ Director, Acquisitions and Development, Pacific, Andrew Taylor, added: “Perth continues to evolve into a sophisticated yet lively city, as new retail outlets, bars and restaurants open every day.
“This is a prime location for development and presents the perfect opportunity for the Westin brand’s entry into Western Australia.
“Perth is emerging as a popular and progressive destination for the next generation of global travellers, and The Westin Perth will help meet the need for high end accommodation in a city which has the higher occupancy rates in Australia,” he said.
Ambrose added, “BGC Development is now looking forward to finalising the precinct design and moving into construction to deliver an outstanding outcome that, like other BGC projects, will leave a strong and lasting legacy for Perth.”