Doma Group has lodged a development application for the third iteration of its Little National Hotel site at Honeysuckle.
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The company had planned to build a 147-room hotel and 52 apartments when it won a state government tender in 2017 to buy and develop a 3700-square metre site beside Cottage Creek.
That project earned development approval in 2018, but late that year Doma decided to convert the units into serviced apartments.
The company completed some preliminary works and erected a tower crane on the site early last year before work stopped.
The plans changed again in October when Doma announced it would scrap the apartments and build an eight-storey office building next to the hotel instead.
The company lodged a development application on Thursday for the revised project, which now includes a 179-room hotel linked to the 4700-square metre commercial building.
Tenants in the commercial building will have access to the hotel's lounge, library area, gym, end-of-trip facilities and rooftop bar.
Doma hopes to have the development application approved in the middle of the year and work completed on the project in 2022.
A spokesperson said the company had not locked in an anchor tenant for the commercial building but was "pretty confident there's a market there for it".
The company is also building the Lume and Huntington apartments across the road on the Honeysuckle waterfront, another apartment building in nearby Merewether Street, the city's largest office building on the Store site in Stewart Avenue and a bus interchange and car park at the Store.
In welcome news for motorists and west end workers, Doma hopes to open the 678-space car park on the Store site in June.
Wilson Parking, which runs car parks at Doma's other developments, will manage the Store parking.
Doma also expects to hand over the bus interchange it is building under the car park to the state government in the next two months.
The spokesperson said Doma was talking to builders about the Crossing residential development in Merewether Street and hoped to start work in the middle of this year.