Lustro and Langham $110 million Glenelg North hotel to be delayed by at least six months

A $110 million luxury hotel and apartment complex by the beach has hit a hitch but will still go ahead, according to the developer.

Artist impression of Lustro Marina Glenelg.

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CONSTRUCTION of a $110 million hotel and apartment complex at Glenelg North has been delayed for up to six months, but the group behind the development says it will still go ahead.

The two-storey Comfort Inn Haven Marina on Adelphi Tce was to be demolished next month to make way for the new 12-storey development.

Lustro Hotel Group chief executive Sonia Lefevre said the project had been delayed because of requirements from international luxury hotel chain Langham.

“We’re currently finalising drawings with the architects, Hassell, because they needed to be redesigned to fit Langham’s room count and back of house requirements,” Ms Lefevre said.

“The plan is for the first stage (demolition) to begin in the first quarter of 2018, if not midyear.”

The new 146-room five-star hotel overlooking the Glenelg marina would be the third Langham Place hotel in Australia.

An artist impression of the hotel development planned for Adelphi Tce, Glenelg.

It is set to include high-end tourist accommodation, an infinity pool, fine-dining seafood restaurant, luxury residential apartments, an outdoor recreation area, cafe, bar and shops, carparking and a function centre.

Ms Lefevre said bookings at the current 70-room Comfort Inn would remain open well into 2018.

“We have some loyal customers and will still be accommodating them, as well as increased business during the summer months and because of the upcoming Ashes cricket,” she said.

“Once the demolition does go ahead, anyone who makes bookings ahead of time will be offered accommodation in one of our other hotels free of charge.”

Bruno Marveggio is behind a proposal to build a 12-storey hotel/apartment/retail block on Adelphi Tce, Glenelg North. Picture: Dave Cronin.

The building was approved by the State Government in June last year after it was given major development status.

Ms Lefevre said the project was expected to create more than 1000 jobs: 518 in construction and potentially at least 500 in indirect employment.

She said conversations with potential builders were ongoing.

Lustro owner and developer Bruno Marveggio, a shareholder of Adelaide United, bought the Comfort Inn in 2000 and is behind the $110 million project.

Two of Mr Marveggio’s other business ventures have recently made news — particularly building company Coombs Barei, which is in administration and owes $6.5 million to contractors and suppliers.

In April, it was also revealed by The Advertiser that his joinery firm Wunda Projects had not paid superannuation. The debt has since been paid.

Mr Marveggio did not return calls from the CoastCity Weekly.

The news of Mr Marveggio’s business issues sparked doubt at a Holdfast Bay Council meeting in September, as councillors questioned the project’s future.

Council chief executive Justin Lynch told the meeting he understood the development would proceed.