Owner’s vision for ‘Feddy’
Presentation on Thursday night
A refurbished Federal Hotel has the potential to be an ‘‘exciting addition to the social and entertainment scene’’ in Deniliquin, according to the building’s owner Paul Trowbridge.
Mr Trowbridge, who purchased the longtime dormant hotel in January last year, will share his vision for the building and Deniliquin in more detail at a public meeting in Deniliquin on Thursday night.
Initial concept plans for the former hotel on the corner of Cressy and Napier Sts include reviving the bar and restaurant, but also a fixed-seating cinema, function rooms and accommodation.
A syndicate ownership model is also being sought for the redevelopment.
Mr Trowbridge says his intention is to provide a venue that will satisfy a range of local needs and wants and support the local economy.
‘‘Deniliquin does not need a 200-seat cinema, nor does it need another basic pub, but what I believe it needs is a variety of offerings under one roof,’’ Mr Trowbridge said.
‘‘The community needs a centrally located venue so they don’t have to go to Echuca-Moama — to take the kids for a movie and a meal which takes both money and the children out of town.
‘‘The Federal Hotel will be somewhere people can feel comfortable.
‘‘I understand there are some people who are cynical about whether this is going to get off the ground, but to me that only means people are passionate about their town and this hotel.
‘‘This Thursday night is about inviting people to come along and find out what’s happening, and to gauge public opinion.’’
The meeting will be held at The Crossing Cafe in George St, Deniliquin, from 6pm to 7.30pm.
Included in the presentation will be more information on the community investment model for the redevelopment, which is being handled by DomaCom Fractional Investing.
Mr Trowbridge says the night is not about securing those investments.
‘‘Thursday’s meeting is about giving people information and asking them to become ambassadors for the project, even if they are unable to put any money into it,’’ he said.
‘‘Some people may only be able to put $5000 or $10,000 in, but they can say ‘I own a piece of this’. So when they go there (to the Federal Hotel) they know they have put something back into their asset, but they’re also putting life back into the town centre.’’
Mr Trowbridge purchased the hotel after relocating locally to run his beef cattle and cropping enterprise at Barham Station East.
He had previously been the CEO of a bank based in the Middle East, and already owns commercial and residential property in Deniliquin and district.
He said he had originally come to Deniliquin last year to inspect another commercial property, when the opportunity to purchase the Federal Hotel was raised with him.
‘‘I did not set out to purchase the Federal, but Deni is a great town and I was there to see a real estate agent about another property. I had looked at it and was quite interested in it.
‘‘I asked this agent who didn’t have the hotel as his listing, what else was happening in the town? He said if I really wanted a challenge and to do something for the town I should consider buying the Federal.
‘‘I didn’t know what it was at that stage, but I went and had a look and I bought it a week later.
‘‘I have other heritage hotels in regional Australia, and I felt this was no different to any of them.’’
Mr Trowbridge said the only negative regarding the sale was the time it took to complete settlement and get started on the new development.
Anyone wishing to attend Thursday night’s presentation is asked to email [email protected]macom.com.au. More information on the project is also available at www.thefeddydeni.com.au.