Iris Capital has received approval for a 106-key QT Hotel
106-room QT Hotel
Scheduled to open late 2021
Part of Iris Capital's proposed East End precinct
Newcastle has approved the $700 million redevelopment of the David Jones building on Hunter Street. Part of Iris Capital's proposed East End precinct, the building will be converted into a new 106-room QT Hotel and is scheduled to open in late 2021.
The hotel is to be included in the first stage of the 4-city block development, which also features three other seperate residential buildings comprising 212 luxury apartments above a Woolworths-anchored retail precinct and forum comprising another 20 specialties being delivered by builder Richard Crookes Constructions. Stage 2 consists of 117 luxury apartments atop the retail precinct, of which construction is already underway. Stage 3 and 4 of the master plan (circa 300 apartment plus retail) is still in planning.