Resource consent’s about to be sought for a $20 million-plus tourist lodge on prime, view-laden Queenstown real estate.
The 40-unit luxury lodge, fronted by Arrowtown developer Wayne Foley, is planned for the bottom third of a hill above Aspen Grove and below Fernhill.
Foley’s the New Zealand director of a Malaysian party which has bought the 32,000sqm Broadview Rise site off famous American author/broadcaster Mitch Albom.
Albom reportedly paid $11m for the site in 2005.
A smaller adjacent parcel is also being bought.
“I’ve been developing in Queenstown for over 20 years, and this is the most exciting property I’ve ever stood on,” says Foley, who developed the Commonage Villas, on Queenstown Hill, 12 years ago.
Broadview Lodge will comprise five accommodation blocks, between three and nine units each, and one standalone unit that would suit honeymooning couples and the like.
There’s also a dedicated reception building with a conferencing facility.
The architects are Dunedin’s Mason & Wales, who also designed Commonage Villas.
“We see it nestling into the property,” Foley says.
“We want to retain strategic trees with view corridors surrounding that.”
Assuming resource consent’s granted, he’s hoping work can start next March/April.
“It’s probably going to be around an 18 month-to-two-year build.
“We see ourselves as being at the premium end of the market but probably just under your typical lodge rate.”
Down the track, Foley says he and his partners will look at other accommodation options for further up the hill.
That might include, he adds, “the 2020 version of the Commonage [Villas]”.