Crown Casino commits to new 388 room hotel in Melbourne
Crown casino has signalled it will go ahead with plans to build a new hotel.
The $2 billion One Queensbridge hotel and apartment complex received state planning approval for in early 2017, but has yet to lock in funding. The One Queensbridge project would be taller than Eureka Tower and feature 388 hotel rooms and 708 apartments.
Crown had also committed to contribute towards a $100 million fund to upgrade nearby Queensbridge Square and Sandridge Bridge in co-operation with the City of Melbourne.
“The start of the project is related to Crown finalising the project financing and various agreements as disclosed in our full-year results,” said a Crown spokeswoman.
Sheridan Randall, 17th December 2018
