Hilton Plans $200m Hotel in Unsolicited Bid


Hilton has plans to open a luxury five-star hotel, in what would be its first in Australia’s capital, under an unsolicited proposal presented to the ACT government.

The proposed $200 million Hilton Canberra hotel also includes plans for a ‘World Trade Technology Centre’, according to a summary of the proposal.

A Consortium involving M20 Pty, Ledrae Hotels and Hilton lodged the unsolicited proposal which is now being formally assessed by the ACT Government.

In October last year Ledrae Hotels, a business owned by Sydney-based Michael Kyriacou, struck a management agreement with Hilton, confirming the launch of Hilton Parramatta at at 20 Macquarie Street.

Ledrae Hotels purchased the Parramatta site for $4 million in 1994 and had since held the site.

Hilton Australasia vice president Rob Scullin described Canberra as an extremely important market to the group.

“Hilton would be honoured to have the opportunity to be able to offer our world-renown Hilton hospitality,” Scullin said.

Related: Melbourne City Gets its First Hilton Hotel

Hilton Australasia vice president Rob Scullin
▲ Hilton Australasia vice president Rob Scullin.

The consortium’s latest move, the unsolicited proposal, is for the construction and operation of a ‘World Trade Technology Centre’ that would host trade and technology firms as well as what would be the Hilton Canberra.

The 253 room full service hotel would offer its signature restaurants, bars, a health club, grand ballroom, hotel school, child care and a nursing academy.

The Chief Minister, Treasury and Economic Development Directorate confirmed it received the unsolicited proposal from the consortium, which is currently in phase one of the process.

“The proponent has presented its proposal to the unsolicited proposals steering committee, but government has not made a decision either to progress or not progress with this proposal at this stage,” an ACT Government spokesperson told The Urban Developer.

“We will provide more information in the coming months.”

From a building and design perspective, the consortium are proposing an International Design competition as well as an energy efficient building.

Hero image: Canberra CBD

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