Construction has commenced on the new AUD$20 million Quest Rockhampton.
Andrew Weisz, General Manager – Locations, Quest Serviced Apartments was joined by Mayor Cr Brad Carter, Rockhampton Regional Council and George Callianiotis, The Geocal Group to mark the milestone.
The 73 leasable apartment Quest property, developed and constructed by The Geocal Group, is located at 48 Victoria Parade, Rockhampton.
When it opens in 2013, it will be operated as a Quest Serviced Apartments business, catering primarily for business travellers to the area.
Weisz said Quest’s expansion into Rockhampton was part of the company’s accelerated growth strategy which will see Quest double its growth to 15 new properties per year, many of which will be in regional mining and high growth towns.
“Our focus is to provide corporates with flexible quality accommodation in the locations they need it. Simply, our business growth is based on supply and demand and in recent times the greatest demand has been in suburban or regional locations,” Weisz said.
“Rockhampton, with millions of dollars of investment either planned or underway, is one of Australia’s emerging regional ‘muscle towns,’” Weisz said.
“This is where our corporate clients need to accommodate their people, so this is where Quest needs to be.
“It’s not always easy developing new properties, but in partnership with leading developers like The Geocal Group and with the support of councils and communities who share our vision, it can be achieved.
“Rockhampton is a powerhouse region with enormous growth prospects and we’re proud to be establishing a Quest Serviced Apartments business here. I thank everyone who has played a role in getting the development to this stage,” he said.
Callianiotis adds that the future is bright for Rockhampton and it is a credit to council that national brands such as Quest Serviced Apartments are investing in the location for the long-term.
“Rockhampton Regional Council has built a reputation as a progressive, commercially focused team which has made significant inroads into attracting new investment into the city. Our experience with council to gain development approval has been efficient and streamlined – it’s been a great result all round and we thank council for that,” he said.