❓ Question regarding the cost, process, and progress of securing a hotel developer for the Middleton Beach site, including financial assistance and future steps. The answer provides details on costs, number of expressions of interest, and next steps in the process.
AnsweredQoN 4054Legislative Assembly
QuestionView source ↗
I refer to the media release dated 31 January 2018 titled Middleton beach roadworks complete, hotel operator now sought, and I ask: (a) how much did the appointment of CBRE Hotels to run the process cost; (b) how many expressions of interest were received as part of this process; (c) will the Minister provide a list of those companies that submitted an expression of interest; (d) is the Government providing any financial or in kind assistance to the development of this hotel, either through Landcorp or any other Government agency; (e) if yes to (d) how much financial or in kind assistance is being provided; and (f) has Landcorp started the next stage of the process to progress a new hotel at Middleton Beach and if yes, what is the next stage of the process and when is it expected to be completed?
AnswerView source ↗
Answered
16 October 2018
Responded by
Minister for Lands
Response time
7 days
(a) CBRE was paid $50,000 to run the advertising campaign, to interrogate their lead database for prospects, to prepare documents and to brief interested developers.
(b) Five
(c) Providing the names of those companies that expressed an interest could jeopardise a successful outcome in securing a hotel developer through an offer and acceptance process.
(d) No
(e) Not applicable
(f) Yes. The next stage is for LandCorp to list the hotel site as available for purchase via offer from a hotel developer and to erect on site signing. The appointed sales agent has already met with a proponent identified via the previous sales process. LandCorp is also working with the City of Albany on an interim activation strategy and delivery of the foreshore enhancement works.
(b) Five
(c) Providing the names of those companies that expressed an interest could jeopardise a successful outcome in securing a hotel developer through an offer and acceptance process.
(d) No
(e) Not applicable
(f) Yes. The next stage is for LandCorp to list the hotel site as available for purchase via offer from a hotel developer and to erect on site signing. The appointed sales agent has already met with a proponent identified via the previous sales process. LandCorp is also working with the City of Albany on an interim activation strategy and delivery of the foreshore enhancement works.
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