ST HILLIERS looking to Develop Hotel on Gosford Site

St Hilliers Executive Chairman Tim Casey has announced that their flagship Gosford development the site of the former Gosford Primary School and due for completion in late 2018 will be named Central Coast Quarter.
“We are looking at Government led regional and provincial development opportunities, particularly in growth markets. And in sites that are larger and lend themselves to staged developments,” he said.
“We are currently exploring the opportunity to include a hotel in the Central Coast Quarter development, along with commercial space,” he said.
“The residential market is somewhat quiet and rather than hold up the project and wait for the inevitable cycle to resurrect itself, we are actively talking to a number of recognised brands who view Gosford and the Central Coast in the same positive light as we do.
“We understand that there has been little accommodation of this nature added to this part of the Coast in nearly three decades and this itself presents an opportunity that we are exploring.
“We have recently opened a significant development in Penrith, with Quest as the key partner and obviously that provides a good starting point for discussion.”