Echo has revealed it’s plan for the Treasury Casino building if it wins a race against Crown to build a new integrated casino resort in Brisbane’s CBD.
Although the actual casino and entertainment complex is yet to be revealed, Echo plans to transform the Treasury building into a luxury 180 room, 6 star hotel with a 600 seat ballroom, new restaurants, bars and cafes and also an upgrade to the existing Treasury Hotel to 6 star. If chosen to build the new Casino, the hotel and casino would be re-branded under a new name.
Echo CEO John Redmond said the development would be the best hotel in Australia, especially for one housed in heritage-listed buildings.
This is just one stage of Echo’s $1.4 billion+ proposal which will span William and George Streets in the CBD.
This week the Newman Government is releasing register of interest details for prospective bidders to bid for the job of completely redeveloping an entire section of the Brisbane CBD which will include blocks between George William and Mary Streets.
No details as yet has been released by Crown however it is understood the company, among other international players are planning a $1.5 billion proposal.