Australia: Canberra’s first Meriton building looks set to proceed after a development application was lodged.
Doubts were raised in late 2020 about the viability of the project due to the impact of the COVID-19 pandemic on the tourism industry.
The final of four development applications has been lodged for a 16-storey, 207-suite building on the 1734 square metre site at 40 Allara Street in the city.
The Meriton Suites Apartment business model provides a larger accommodation style that is described as a hybrid between a hotel and a serviced apartment.
The $65 million Fender Katsalidis-designed project includes an aparthotel, three ground-floor retail tenancies, community facilities for guests, and two levels of basement parking providing 65 spaces and bicycle storage.
The project will feature studios, and one-, two- and three-bedroom units with open balconies, and two penthouses. Communal facilities include a swimming pool, outdoor landscaped terrace area, gymnasium, spa and sauna rooms.