Business News: Edge’s $221m OBH plan approved
- Source: Business News
- Date: June 6, 2023
- Byline: Nadia Budihardjo
Business News has reported the Hillam-designed Ocean Beach Hotel redevelopment plan has received development approval through the novel State Development Assessment Unit pathway.
Read the full article (paywalled) here: businessnews.com.au
A $221 million redevelopment of Ocean Beach Hotel has been approved, with the developer confident of delivering the project within the three-year timeframe.
The Western Australian Planning Commission today approved proprietor Stan Quinlivan’s plan to redevelop Ocean Beach Hotel into a 12-storey apartment and hotel development.
The proposed development has an estimated value of $221 million, and comprises 185 apartments, a 120-room hotel, including a day spa, and 17 commercial tenancies at the 140 Marine Parade site.
Mr Quinlivan collaborated with Edge Visionary Living, Hillam Architects, and town planner element to lodge the development application through the state government’s State Development Assessment Unit pathway in late 2021.
The development application has been revised since, particularly in reducing the bulk of the building and increased setbacks.