CRYSTALBROOK Collection is set to acquire boutique Brisbane art hotel The Fantauzzo.
Situated beneath Story Bridge and overlooking Howard Smith Wharves, the hotel features 166 rooms and suites, a rooftop pool, a fitness centre and meeting spaces, as well as renowned Italian restaurant Polpetta, and Fiume Bar.
Purchased from Deague Group for between $70-75 million, The Fantauzzo marks Crystalbrook’s entry into the Brisbane market.
The official handover will occur in the first half of next year, upon which the hotel will given a new name, set to be announced in the coming months.
The Fantauzzo won Queensland’s top award for commercial architecture earlier this year, and celebrates portrait artist Vincent Fantauzzo, with up to 300 of his works on display throughout the property.