June 13th 2013
Construction began on the new $40 million dollar development of Quest Serviced Apartments in Woolloongabba with an official sod-turning ceremony.
On site for the momentous occasion were Brisbane City Lord Mayor, Graham Quirk, General Manager-Locations for Quest Serviced Apartments Andrew Weisz, Michael Kent and Nando Pellicano from the Pellicano Group.
Lord Mayor Graham Quirk said the development would be a wonderful addition to the community and the local economy.
“We are thrilled that Quest has committed to this development which is another vote of confidence in the strength of the city’s economy,” he said.
“Quest has recently fast-tracked its growth in Queensland by announcing plans to open five new properties in the next 12 months.
“I am delighted that Woolloongabba and the surrounding suburbs will benefit from the investment Quest is making in the area as not only will jobs be created but we will have a quality accommodation option for visitors doing business in the area.”
The Quest property will be located at 130 Logan Rd in Woolloongabba and is expected to open in March 2014. Woolloongabba is approximately 4km South of Brisbane CBD with the Quest property about 1km away from “The Gabba” – Queensland’s major sporting venue.
The property will feature 70 apartments comprising of Studio, 1 bedroom, 2 bedroom and 3 bedroom apartments. There will be a conference room, gymnasium, and a rooftop BBQ area in the complex.
Andrew Weisz General Manager – Locations, Quest Serviced Apartments says the project is in line with Quest’s growth strategy.
“Our focus is to provide corporates with flexible quality accommodation in the locations that need it. Simply, our business growth is based on supply and demand and in recent times the greatest demand has been in suburban and regional locations, Woolloongabba is definitely one of those areas,” he said.
Quest Woolloongabba is the Pellicano Group’s second project under construction in the area, with the highly successful 82 apartment project Eastwood Apartments due for completion in July 2013.
The Pellicano Group is a privately-owned family business that has been in operation for 45 years and focuses on property development and management and construction funds management. The group has offices in Melbourne and Brisbane.
Quest Serviced Apartments was established in 1988 by Paul Constantinou and now has more than 150 properties in Australia, New Zealand and Fiji.