Practical completion of the new AU$200 million (US$150 million) Jubilee Place redevelopment is expected in the coming weeks. The project consists of a new uniquely designed 14-story commercial building which features an exoskeletal structure that enables a striking cantilevered tower design built over the heritage-listed Jubilee Hotel.
Developed by JGL Properties and designed by BlightRayner, the development includes a new glass canopy which will be able to cater to over 300 people within a new beer garden.
The tower is elevated above a large new plaza between the tower structure and the Jubilee Hotel. The lower levels of the tower are cross-ventilated and accessible to pop-out balconies, with a further garden terrace on the roof.
In September 2019, a real estate fund managed by Credit Suisse Asset Management purchased Jubilee Place which is anticipated to be completed in the coming weeks. Completion of the Jubilee Hotel component is expected to be completed in August this year.
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