Development approval has been given to construct a $50 million hotel that will form Stage One of the Maluka Views development right in the heart of the Palmerston CBD.
The Palmerston Hotel will be located right behind ‘the Hub’ on Roystonea Avenue and consist of 161 hotel rooms, including 32 suites and also 41 short stay apartments.
Local investors John ‘Foxy’ Robinson and Mick Burns have joined forces to make this project a reality which will employ around 240 people during construction and 110 once completed.
Minister for Lands, Planning and the Environment and also local Member for Brennan, Peter Chandler said with the fast-tracking of local land release this development is exactly what Palmerston needs.
“Palmerston is a growing community, with two suburbs currently under construction and more right around the corner so it’s important we really utilise our CBD,” Mr Chandler said.
“This site has sat vacant for many years and the government has released it for development through our urban infill strategy which has identified 70 parcels of Crown land across the Territory which could yield up to 2,700 dwellings.
“Hotel accommodation is under immense pressure, especially in the Dry, this development will bring online much needed rooms for the developing City of Palmerston.
“The next stage of the Maluka Views development will have a residential focus while achieving a mix of commercial, retail and alfresco dining options to establish a unique and vibrant address within Palmerston.”
Local Darwin businessman John ‘Foxy’ Robinson said Palmerston was long overdue for something of this calibre.
“There are 50,000 people living in Palmerston and the Rural Area and there is nothing of this standard for them to access,” Mr Robinson said.
“Together with my fellow investors we have confidence in the growth of Palmerston, so much so we’re quite literally putting our money where our mouths are.”