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Written by Marc Pallisco
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Monday, 10 May 2010 22:19 |
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 THE inner-city’s next major hotel looks likely to be developed at a West Melbourne site near the suburb border of the CBD, and Docklands.
Businessman and philanthropist Les Erdi is believed to have paid about $8 million for a 1526 square metre development site at 33 – 43 Batman Street.
The site currently includes a single-level factory known as the WD O’Donnell building, and was put to the market in March with a permit for a 14-level, 136 unit complex.
CVA director Anthony Carbone confirmed the sale but declined to elaborate on any part of the deal.
The site was offloaded by property developer Joe Salvo.
Mr Erdi, 88, is a Hungarian immigrant who owns and operates several national budget hotel brands, including Ibis, Mercure, Urban and The Swanston Hotel.
He was unavailable for comment, but sources expect Mr Erdi will proceed with developing the site, as per the permit, rather than propose something higher density.
Nearby, a 67-level skyscraper with 471 apartments is planned for a much smaller 1030 square metre site that was once the Stork Hotel.
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