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(06/02/24)
TFE has signed a new-build apartment hotel in
Brisbane, Australia.
Scheduled to open in 2025, the
WMK-designed 148-key Adina Apartment Hotel Chermside Brisbane will be
located in the heart of one of Brisbane’s most
vibrant and fastest growing suburbs, Chermside.
Located just 20
minutes’ drive north of the Brisbane city centre, the Queensland Government has
identified Chermside as a key focal point for services outside the
CBD and is emerging as one of Brisbane’s fastest growing suburbs
with population figures set to almost double by 2036.
Hotel facilities
will include an all-day dining restaurant, café cum bar, lobby lounge,
a meeting room, gym, rainwater harvesting capabilities, and
car parking.
The 148-key Adina Apartment Hotel Chermside Brisbane is scheduled to open in 2025
“The signing of Adina Chermside
Brisbane is a significant milestone for TFE Hotels, providing an
opportunity for us to expand our Adina footprint from two hotels
to three in the powerhouse state of Queensland,” said TFE Hotels’
Group Chief Operating Officer, Chris Sedgwick.
“Adina Chermside brings a renowned, international hotel brand to
this important suburb, filling a gap in the accommodation market
for the north side of Brisbane and the Prince Charles Hospital.
Significantly it also represents an incredible opportunity to
expand our footprint to maximise on the incredible decade of
transformation that lies ahead of the Brisbane 2032 Olympic and
Paralympic Games.”
Adina Chermside
is owned by Limitless Developments, a South-East Queensland-based
company with a track record that has delivered a diverse portfolio
worth over $150 million, with a further $160 million in its
pipeline.
Owner, Nick Barr, has more than 25 years of personal
experience in Brisbane and his passion for progress is matched
only by his interest in grassroot support and fundraising for the
neighbourhoods he builds in.
This year, Nick is competing in the
Chain Reaction Challenge – a 1,000km cycling event to raise funds
for The Prince Charles Hospital Foundation, the Common Good.
“We are a homegrown developer who
understands Brisbane’s inner north intimately, and we’re confident
that Adina Chermside will become the flagship hotel for this
burgeoning part of the city,” Nick said. “We are also excited
to partner with TFE Hotels – an Australian-born company and
experienced hotel operator and developer in their own right – to
bring this future-thinking development to life. The Chermside area
is transitioning, and we anticipate that the demand for quality
corporate, travel and health-based travel accommodation needs in
the area will only continue to increase in the next five to ten
years.”
As part of the State
Government’s Queensland Capacity Expansion Program, The Prince
Charles Hospital – which is adjacent to the Adina Chermside site –
is confirmed to undertake a A$300m expansion commencing in December
2024, which will add an additional 93 beds, and a further four-storey
expansion on the existing building to be completed by 2028.
Chermside is also home to one of the largest shopping
centres in the country – Westfield Chermside, providing
shopaholics with plenty of retail therapy. It was one of the first
shopping malls to be built in Australia and is as popular now as it
was when it first opened to great fanfare back in 1957.
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