The Chronicle

The Young Guns, the 10 emerging movers and shakers

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KENNETH Wagner has made an astonishin­g debut on the city’s business scene as a young man with ambition and a keen eye for developmen­t.

Since 2015 when he and business partner Michael Hay revealed their plans to open a new pub, the young entreprene­ur has helped energise the Toowoomba CBD.

His first developmen­t, The Office, brought something new to the city with a modern fit-out on Duggan St which, until that point, had been a forgotten street-scape in the shadow of Grand Central.

Less than six months after it opened, Mr Wagner had made his second strategic acquisitio­n in the city, buying The Gladstone Hotel on Ruthven St for $2.35 million.

By November 2016, he and Mr Hay had sold The Office to Worldwide Hospitalit­y Group and turned their focus to The Glad.

The site, bordered by offices and Kwong Sang Walk, will eventually be a five-storey, four-and-a-half star, 100-room short-stay hotel if the ambitious plans come to fruition, and will operate under the Oaks hotel brand.

But the developmen­t has become a frustratio­n for the trail blazer, hitting approval delays and hurdles with the Toowoomba Regional Council’s controvers­ial planning scheme and charges.

His company, KPAT Property, works with internatio­nal brands to operate and manage hotels, and has given him a solid start in what appears to be a successful entry in the hotel industry.

Beyond business, he is a political aspirant and considered running for the Toowoomba South by-election. He was appointed to the Urban Developmen­t Institute of Australia (Qld) Toowoomba Branch committee this year.

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