Developer Australian Development Capital has been green-lit for its $14 million timber-framed Leadlight hotel, in a first for timber construction in Western Australia.
The mixed-use development will stand 10-storeys tall and offer guests 126 hotel rooms with a ground-floor courtyard.
ADC acquired the high-profile heritage building, the former Kenny Buildings located on the corner of Beaufort and Newcastle streets in inner-city Northbridge, in June 2016.
Earlier this year, the developer announced plans to redevelop an old cemetery at 20 Bronte Street, after being sold by the Department of Planning.
ADC, along with Warburton, purchased the neighbouring Old Perth Girls School Property for $5 million with plans to develop both sites into a mixed-use hub.
While Perth's broader hotel market is currently facing challenges from a supply increase of new hotel rooms, most of the new properties are targeting the four to five-star corporate market, ADC director Adam Zorzi told The Urban Developer.
In contrast Leadlight will be an independently-run boutique hotel, Zorzi says.
The timber structure will comprise a hybrid of two timber methodologies, Cross Laminated Timber and Laminated Veneer Lumber.
“Embodied energy is rapidly becoming a factor that builders and developers must consider, and timber is a far more sustainable product that not only captures carbon for the life of the building but also results in far fewer greenhouse gas emissions during construction,” Zorzi said.
“In addition, the building is one tenth of the weight which allows us to address zone of influence issues with the Graham Farmer Freeway tunnel, it is faster to builder, and all of the timber can be sourced and fabricated locally.”
The hotel project, which is expected to begin construction early next year, will feature a cinema, function rooms along with a rooftop terrace bar and pool.
Last month wealth manager AsheMorgan launched a leasing campaign for Melbourne's first commercial office timber tower constructed from 80 per cent cross-laminated timber, Woodwork, in the Docklands urban renewal precinct.