Hospitality group CLG and builders Moda are looking for planning approvals for the redevelopment of Phillip Island’s iconic Isle of Wight Hotel right into a vibrant hotel, eating and retail precinct.
Designed by Alexander and Co, the proposed plans embody a circa 160-room hotel, floor ground F&B services together with a signature restaurant, a large-scale occasion house, state-of-the-art wellness centre and a pool deck.
The 8600sqm website, which was bought in January 2021 by Moda Phillip Island Pty, was house to Phillip Island’s first hotel The Isle of Wight which opened in 1870 earlier than being destroyed by a fireplace in 1925 and once more, in 2010.
Moda Managing Director Ed Farquharson stated the lodging and retail providing might present a serious financial increase to the world.
“The Isle of Wight Hotel was an icon of Cowes for a lot of many years,” she stated.
“We’re trying ahead to capturing the nostalgia and spirit of the unique hotel and bringing it again to life with new vitality for an entire new technology.
“Together with returning The Isle of Wight Pub, our proposed improvement seeks to include hotel lodging, a eating precinct overlooking the seashore, in depth occasion services, and a laneway retail precinct set to incorporate a wellness centre and different speciality shops, offering an estimated AU$55-$76 million increase to the native financial system yearly.”
CLG is hopeful of the brand new hotel opening in 2025 opening ought to planning be authorised.
“We’re excited to work with the group and council in bringing a few new period for tourism on the island, and elevating the bar for what individuals can count on from lodging, eating, and leisure in regional Victoria,” stated CLG Chief Government Officer, Tim Fitzgerald.
“We anticipate the event will present over 150 new employment alternatives within the area.”