The Strategic Advisory team in conjunction with Hotel Valuations, was appointed by Stamford Land Corporation Pty Ltd to provide development advisory services to inform the acquisition of the freehold title from the State Government and, the major redevelopment of the existing five star Stamford Plaza in Brisbane. Stamford already own the leasehold portion of the property. The site is premium riverfront Brisbane CBD property, boasting never to be built out 200 degree views overlooking the Brisbane River and Botanical Gardens, and over 100 metres of river frontage. The appointment involved undertaking a Highest and Best Use Analysis, comprising, economic and market analysis, regulatory and property analysis; market-led development options and strategies; and financial feasibility and risk modelling.
We had a six-week time frame to build the final report on the $3 billion Integrated Resort Development, including Casino and approximately 2,000 apartments, 1,000 premier hotel rooms, new retail precincts with approximately 50 food and beverage outlets, a new pedestrian bridge to Southbank and significant provision of enhances public spaces.
The scope of the work required Barry to have Strategic Advisory’s Carl Knaggs, David Skerrett, Mai Trinh to coordinate and run the project, with the support of Baden Mulcahy (Valuations, Hotels) and Barry’s hotel market expertise. We worked closely with the client to provide a comprehensive project overview, market analysis and forecasting for the hotel, retail and commercial components of the project.
This appointment further cements our relationship with Macquarie who we have worked with on the Pulse Consortium’s successful bid for Cross River Rail project.
The Strategic Advisory team in conjunction with Hotel Valuations, was appointed by Stamford Land Corporation Pty Ltd to provide development advisory services to inform the acquisition of the freehold title from the State Government and, the major redevelopment of the existing five star Stamford Plaza in Brisbane. Stamford already own the leasehold portion of the property. The site is premium riverfront Brisbane CBD property, boasting never to be built out 200 degree views overlooking the Brisbane River and Botanical Gardens, and over 100 metres of river frontage. The appointment involved undertaking a Highest and Best Use Analysis, comprising, economic and market analysis, regulatory and property analysis; market-led development options and strategies; and financial feasibility and risk modelling.
We had a six-week time frame to build the final report on the $3 billion Integrated Resort Development, including Casino and approximately 2,000 apartments, 1,000 premier hotel rooms, new retail precincts with approximately 50 food and beverage outlets, a new pedestrian bridge to Southbank and significant provision of enhances public spaces.
The scope of the work required Barry to have Strategic Advisory’s Carl Knaggs, David Skerrett, Mai Trinh to coordinate and run the project, with the support of Baden Mulcahy (Valuations, Hotels) and Barry’s hotel market expertise. We worked closely with the client to provide a comprehensive project overview, market analysis and forecasting for the hotel, retail and commercial components of the project.
This appointment further cements our relationship with Macquarie who we have worked with on the Pulse Consortium’s successful bid for Cross River Rail project.