An international campaign is being mounted to find a hotel operator for a prime high-profile site on Cathedral Square in Christchurch.
"The Crown land has been earmarked for a five-star hotel adjoining the convention centre," says Nick Hargreaves, managing director of JLL. "The property will be marketed through an international expressions of interest campaign that will seek registrations during early 2018.
Once we have located a prospective hotel operator we will then need to find an investor or developer to construct the 180 to 200 room hotel."
He says the 1662sqm site is bordered by Cathedral Square and Colombo St - where it faces the intersection with Gloucester St.
"This project has been orchestrated in great detail by the crown agency Ōtākaro to form part of a well-planned development in Christchurch's Cathedral Square," Hargreaves says. "Once completed, the hotel will occupy the prominent corner lot next to the north-west corner of Cathedral Square between the convention centre and the new Christchurch Library which is under construction across the road on Colombo St and Gloucester St.