A $240 million redevelopment project for Perth's CBD has received final approval, marking a significant transformation of the St Martins Centre.The plan includes converting three office towers into a 240-room hotel, with retail spaces, office areas, and a rooftop pool club.The development also involves revitalizing the heritage-listed McNess Royal Arcade and Bridal House.

The project, led by St Martins Properties, aims to enhance the area's commercial and cultural appeal by extending activation hours for nearby streets.

Key stakeholders, including project proponent Daniel Lees and City of Perth councillor Liam Gobbert, emphasized the importance of preserving heritage elements while modernizing the precinct.The four-year timeline for completion spans multiple phases, with the heritage buildings slated for later stages.The initiative is expected to boost economic activity and align with the city's urban development goals.