Green light for new 142-room hotel

Plans to build a new 142-room hotel above a major shopping centre in Redcliffe have been approved.

Moreton Bay Regional Council has approved Elanor Investor Group’s proposal for a new hotel above Bluewater Square Shopping Centre on the corner of Sutton St and Anzac Ave.

Eleanor bought the centre in 2017 and it’s new eight-storey hotel will help address the need for accommodation to meet the region’s growing tourism numbers.

Public art and murals will be on the hotel front, with a bar for guests and the public on the top level with a function area, kitchen and swimming pool. The hotel will also have views to Moreton Island. 

“Elanor Investment Group’s new hotel shows great confidence in Moreton Bay as we power towards becoming Queensland’s $40 billion engine room,” Mayor Peter Flannery said.

“The Moreton Bay region is one of Australia’s largest and fastest growing areas. Our population already surpasses Canberra, at more than 500,000, with another 200,000 residents projected to call our region home over the next 20 years.

“Moreton Bay’s billion-dollar tourism industry is on the rise, with 4.3 million annual visitors, more than double the total visitor numbers to Noosa.

“We have become Australia’s hotel hotspot as we are currently significantly undersupplied to support the needs of a thriving region and growing visitation.

“Moreton Bay needs eight hotels and 1035 hotel rooms by 2032, with four hotels required by 2026.

“To help us we’re providing hotel investors and developers with incentives and a dedicated concierge service to make investing in Moreton Bay as easy as possible.”

Sydney-based, ASX-Listed, Elanor Investment Group started in 2009 and currently manages over $2.7 billion of real estate investments across Australia and New Zealand.

A spokesperson for the Group said: “The proposed short-term accommodation, function facility and bar utilise the existing shopping centre, while incorporating uses that will be highly beneficial to the local area.”