first_imgEvent Hospitality & Entertainment Limited has entered into a management agreement for its newest QT hotel in Adelaide at 62 Currie St in the heart of the CBD – a site owned by Auspac Networks Pty Ltd and Joint Ventured with Axiom Properties Limited.The 11th QT hotel in the group, and QT’s first introduction to South Australia, will be another design-led hotel with a luxurious and quirky flair – and Adelaide’s first lifestyle hotel. QT Adelaide will also feature bold new QT signature dining concepts and a sweeping rooftop bar, designed to reflect and complement the local community.Property development and investment group Axiom Properties Limited announced a Joint Venture with the site’s owner Auspac Networks Pty Ltd in June 2017 to deliver a unique mixed-use offering to Adelaide’s premier entertainment precinct, known for its hip small bars and exceptional restaurants. The $180 million development will incorporate QT’s latest hotel, with 200 guest rooms and extensive conferencing and events facilities, unlike anything seen before in Adelaide.The partners are set to lodge for development approval in February 2019 and commence their commercial pre-leasing campaign for the office component. The Joint Venture is currently in advanced negotiations with its first anchor tenant who is keen to support this exciting new vision. Construction is likely to commence by the end of 2019 following securing of sufficient pre-commitments for the office component and funding.EVENT CEO Jane Hastings said: “We are excited to bring South Australia its very first QT Hotel, a key Australian market that has been a missing piece of our portfolio. Our new partnership with Auspac Networks Pty Ltd and Axiom Properties Limited will ensure a QT experience that will be a transformative project for the city of Adelaide.”Further details regarding QT Adelaide will be announced soon. AdelaidehotelsQTlast_img