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TAS­MA­NIA’S Mu­seum of Old and New Art (Mona) will tar­get the con­fer­ence and events sec­tor as part of a $300 mil­lion ho­tel plan.

The head­line­grab­bing mu­seum’s founder David Walsh has un­veiled de­signs for a 172-room five-star ho­tel called HOMO (HO­tel MOna), perched dra­mat­i­cally over the Der­went River out­side Ho­bart.

As well as a spa, li­brary and art col­lec­tion, the ho­tel will of­fer a ded­i­cated func­tion and events cen­tre with ca­pac­ity for din­ners of up to 800 peo­ple and cock­tail re­cep­tions for up to 1,000.

An in­door the­atre will cater to mu­sic, plays, cin­ema, con­fer­ences and busi­ness launches, with seat­ing for 1,075.

“We ex­pect HOMO to be at­trac­tive to large seg­ments of the na­tional and in­ter­na­tional busi­ness and con­fer­ence mar­kets that pre­vi­ously haven’t turned to Tas­ma­nia due to a lack of ap­pro­pri­ate in­fra­struc­ture,” Walsh said.

“New fa­cil­i­ties, like the au­di­to­rium and the­atre, will also al­low us to fur­ther ac­ti­vate the site at night and con­tinue to di­ver­sify the ap­peal of Mona to Tas­ma­ni­ans too.”

Once ap­proved, con­struc­tion is ex­pected to take three years, with open­ing slated for 2022.

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