Tue, Dec 18, 10:29am by Staff Writer
Australian gaming giant Crown Casino has confirmed it will extend its mega Southbank complex with a new hotel to be build within the precinct.
The new hotel is to be constructed at One Queensbridge Street, which will be positioned directly opposite the casino’s flagship Crown Towers.
The confirmation comes as findings from a report by Acil Allen Consulting commissioned by Crown Reports Ltd was released.
The findings from the report illustrated that for the 2017-18 financial year, Crown Melbourne’s contribution to the Australian Gross Domestic Product (GDP) was between $2.2 and $3.1 billion.
This contribution involved up to 15,648 direct and indirect full-time jobs with approximately 4,000 Victorian businesses serving as suppliers to Crown.
Crown Melbourne’s new hotel, One Queensbridge, will be the fourth hotel for the Crown group as part of the Southbank complex, to complement the Crown Towers, Crown Promenade and Crown Metropol.
Crown was given state planning approval for construction of the $2 billion One Queensbridge hotel and apartment complex in early 2017. However, the joint project with developer Schiavello still needs funding for works to commence.
Further to the hotel and apartment complex, Crown has also committed towards a $100 million fund to upgrade the nearby Queensbridge Square and Sandridge Bridge in co-operation with the City of Melbourne.
A Crown spokeswoman told the Herald Sun that the company remained very supportive of the One Queensbridge project.
“The start of the project is related to Crown finalising the project financing and various agreements as disclosed in our full-year results,” she said.
Cinzia Burnes, executive director of Helloworld Travel, said Crown Melbourne was more than a world-renowned resort. She told the Herald Sun that “Crown’s importance to the Victorian economy and local jobs cannot be underestimated as this report demonstrates.”
“From a tourism perspective, Crown is uniquely positioned, working with tourism, business, sports and cultural partners to keep Melbourne positioned as a truly international city” she said.
The One Queensbridge tower will soar 323m high and become 26 metres taller than the Eureka Tower, Australia’s current tallest balling.
The hotel will feature 388 hotel rooms and 708 apartments in the 90 storey building. It has also been stated that there will be a rooftop restaurant and lounge that will be open to public.
The new hotel will also have a footbridge extend across Queensbridge Street which will enable residents and guests to be able to walk across to the Crown Entertainment Complex.
The fourth hotel to Crown Melbourne will enable guests of the Crown Metropol to be able to walk all the way through the Crown complex to the new One Queensbridge tower without having to step outside.
— CasinoNewsDaily (@dailycasinonews) December 17, 2018
With Crown set to enter the Sydney market with their entertainment complex featuring a casino and hotel currently being constructed in Barangaroo, it is looking to further extend it’s Australian empire. The resort will house Sydney’s first six-star hotel upon completion.
Melbourne’s Crown Towers is also a six-star luxury complex with 481 rooms, with the other two hotels in the Southbank complex, the Crown Metropol and Crown Promenade are home to 658 and 465 rooms respectively.
The Crown Casino in Melbourne is Australia’s largest casino and the complex also features world-class dining, entertainment and shopping facilities.
Crown Melbourne is considered Melbourne’s largest single-site private sector employer with almost 12,000 employees working on site.
Crown also owns and operates the Crown Perth resort which operates the same three hotels, Crown Towers, Crown Metropol and Crown Promenade within its complex. It also has an overseas presence with its Crown Aspinalls casino in London’s West End entertainment district.
US billionaire Steve Wynn left his casino empire and a top Republican National Committee spot last year, after allegations of sexual harassment…
Brimbank has become the latest Victorian council to crack down on poker machines after a state topping $139.5 million was lost to…
SkyCity Entertainment Group’s share price has edged higher following the news that they will open an online sports book later this year.…