Transformative projects close


An artist’s impression of the 500 Hay offices facade, with Park Regis Hotel behind.        Picture: Dradgin Pte Ltd
An artist’s impression of the 500 Hay offices facade, with Park Regis Hotel behind.        Picture: Dradgin Pte Ltd

The city’s newest and only hotel, boutique cinema, 370-bay carpark, food court, retail and offices – named Subi XO – will open at the old Ace Cinemas site on Hay Street in August 2017.

Nearby, a $96 million Coles-Target development at the former Station Street Markets site is set to open in spring 2017.

Subiaco Mayor Heather Henderson said she was excited about how the two projects were “just around the corner”.

“The most amazing thing for us is the timeframe,” Mrs Henderson said.

“When you see both the holes in the ground, you can tell how quickly that is going to come to fruition.

“They will be up and running before Christmas next year.”

The Subi XO precinct branding was announced during a breakfast launch at Subi Sports Bar last Tuesday.

Bordered by Railway Road, Hay and Alvan streets, the precinct will be connected by a retail plaza and include existing office space leased by iiNet at 502 Hay Street, a 10,300 sq m office tower named 500 Hay, hotel and five-screen cinema.

Lloyd Collins’ sales and leasing manager Paul Collins, who represents owner Dradgin, said he expected Subi XO would encourage further changes and growth in the area.

“We have to turn Hay Street into a two-way street and get rid of the speed bumps,” Mr Collins said. “We have got to be able to get the people from the CBD into Subiaco.

“I want to see 25,000 cars down Hay Street; that’s how many Beaufort Street gets.”

StayWell Hospitality Group chief executive Simon Wan said the company signed a long-term agreement to open a 168-room hotel called Park Regis Subiaco.

At the launch, Mrs Henderson said Mr Wan was “on to a winner” with the new Subiaco hotel.

“We (the City of Subiaco) are delighted to have you,” she said.

The mayor said it was exciting to see cinemas back in Subiaco.