section-full-width
Flagstone's First Tavern Announced!
Balmoral Hospitality Group has snapped up a greenfield site where it will develop Flagstone's first tavern.
A growing southeast Queensland community is getting it's first pub.
NSW-based Balmoral Hospitality Group, owned and headed by Joel Fisher and Andrew Denmeade, has acquired a site for a tavern in the heart of the masterplanned Flagstone community in the Logan growth corridor.
Mr Fisher said the large format tavern on a 3975sq m site on Homestead Drive will be adjacent to a Coles shopping centre and a McDonald's restaurant in the 126ha city centre being development by Peet Limited and MTAA Superannuation.
"The growth of the Flagstone area is fast pace," he said.
"We plan to develop a family friendly venue at Flagstone that will cater for all ages. We envisage the hotel becoming one of the centre pieces of the local community."
Plans for the $15 million hotel include large indoor and outdoor bars and dining, a sports bar, gaming lounge and child friendly play areas.
Balmoral Hospitality has evolved out of group's Defish Hotels, with a focus on Greenfield Hotel developments in NSW and Queensland.
The greenfield site was sold through HTL Property's Glenn Price in conjunction with Ray White Special Projects.
"The scale of the Flagstone development is one of the most significant community developments in Queensland," Mr Price said.
"The scale of the development will give businesses the opportunity to flourish by servicing both the growing local catchment and wider regional corridors."
Mr Price also assisted Balmoral Hospitality in an advisory capacity throughout the Liquor and Gaming approval process.
Despite approvals given last week there is no scheduled time for the start of construction of the tavern.
Flagstone will become home to over 120,000 people and over the next 30 years, over 50,000 homes will be delivered within the residential neighbourhoods that surround the City Centre.
Currently, Flagstone is home to about 6,000 residents.
(This article was published by Chris Herde, The Courier Mail. Click through to read the full article.)