It is not every day a business man rolls into Victor Harbor and announces that his company is proposing to build a five-storey, four and a half star hotel development in the town. Well, that is what Phillips Land Co CEO Greg Phillips has thrown on the table.
Mr Phillips has owned the properties on Flinders Parade, including The Anchorage, for 19 years and plans to invest $40 million into the development.
Under the proposal, The Anchorage heritage building is to receive a $2.5 million restoration and a 126 room hotel is proposed on floors one to four. The Anchorage is a State Heritage Listed building and the upgrade will be undertaken through heritage guidelines. This is great news, as our heritage has to be protected.
The hotel will include a 400 seat function centre on the fifth floor and five penthouse apartments. The great kicker, which should please council, is that part of the development includes $5 million to build a 266 multi-level car park on the council owned car park in McKinlay Street.
A 266 space multi level car park will have 89 spaces dedicated to the hotel. Also proposed is an elevated footbridge over the SteamRanger precinct to connect the car park to the hotel.
It sounds too good to be true and when this happens there becomes doubters. But on face value, this sounds an unbelievable opportunity for Victor Harbor and a boost for tourism and our overall economy. Mr Phillips has lodged the application with council and now it is in council's hands to move the project along.
At this early stage the proposal has the backing of business, now it is up to council to consult with the wider community.