A partnership with prominent Canberra developer Tony Pan from TP Dynamics will see the construction of a new-build hotel in the nation’s capital, slated to open in the first quarter of 2027.
The hotel will form part of a 10-storey mixed-use commercial and hotel development on Bunda Street, encompassing the current Garema Arcade building.
“With the announcement of our new Canberra property and continued expansion of the group across Australia – with recent expansion into Adelaide and the acquisition of a second property in Sydney – my vision for Crystalbrook Collection as a truly national hotel group is coming to fruition,” says Crystalbrook Collection founder Ghassan Aboud (pictured, above right, with Tony Pan, left, and ACT Chief Minister Andrew Barr, centre).
“This growth of our brand across Australia is delivering a strong base for future expansion of Crystalbrook Collection into overseas markets.”
The Canberra property will feature 238 guest rooms, a rooftop bar and restaurant, ground floor dining venue, a luxury retail operator, a ballroom, meeting and function rooms, Crystalbrook’s Eléme Day Spa, gym facilities, a pool and a central skylight atrium and gardens.
TP Dynamics has secured building approval, and construction is already underway following a groundbreaking ceremony on Thursday, 28 March, 2024.
“At TP Dynamics, we are committed to the vision for Canberra’s evolution, and we are proud to contribute to the city’s next phase of growth,” says Pan.
“Crystalbrook’s ethos and values are consistent with our goals for central Canberra’s revitalisation.
“Together, we are delighted to build a legacy for the city.”
Visitor numbers to Canberra are on the rise, with the national capital tourism board reporting 5.7 million visitors in 2023, generating $3.7 billion revenue.
As part of revitalisation efforts, the ACT Government’s City Renewal Authority is set to upgrade the Garema Place Public Realm to include a modern dining and retail precinct.
“As the ACT Government continues its strategic plan to revitalise central Canberra, we at Crystalbrook are thrilled to be part of these efforts in collaboration with TP Dynamics,” says Crystalbrook Collection CEO Geoff York.
“Canberra’s increasing appeal makes it a perfect fit for Crystalbrook’s commitment to delivering responsible luxury experiences.”
Crystalbrook’s Canberra hotel will adopt sustainability initiatives including recycled coat hangers and key cards, zero-waste coffee capsules, and the labelling of “Climate Calories” across all restaurants.
This story has been republished from HM.
