Christchurch’s Abandoned Hotel to Transform into Five-Star Sheraton

A significant transformation is underway in Christchurch, where a long-abandoned hotel will soon be reborn as a five-star Sheraton hotel, thanks to a substantial investment of $150 million. The former Rydges Hotel, located on Oxford Terrace, has remained vacant since it suffered extensive damage during the 2011 earthquake. The redevelopment is a collaboration between Mainland Capital and Russell Property Group, who have partnered with Marriott International to revive the site.

The original building, established as Noahs in the 1970s, has been a point of contention due to a protracted legal dispute involving the previous owners and their insurers, which culminated in a Supreme Court ruling. Ben Bridge, director of Mainland Capital, emphasized the importance of this project for Christchurch’s recovery, stating, “This has been a building that’s been a bit of a blight on the landscape for the 15 years since the earthquake.” He noted that both the local council and residents have expressed a desire to see the site revitalized.

Plans for the New Sheraton Hotel

The new Sheraton hotel will rise to 14 storeys and feature 240 rooms and suites, alongside a restaurant, a rooftop bar, event spaces, and a gym. The anticipated opening is set for mid-2027. Bridge highlighted the building’s rich history, mentioning that it has hosted numerous notable guests, including the Shah of Persia, Princess Diana, King Charles, and Sir Elton John. “It has a long 50-year history and I think that’s what’s really engaged the public,” he added.

Bridge also pointed out the current under-supply of hotels in Christchurch, which was a key consideration during the planning discussions. The nearby Te Pae Convention Centre has experienced its busiest periods during the winter months, traditionally a slower time for the hospitality sector. The opening of the One New Zealand Stadium and the Parakiore Recreation and Sport Centre further contributes to the increasing demand for accommodation in the area.

Impact on Christchurch’s Economy

Bridge expressed optimism about the project’s potential, saying, “We’ve been waiting a long time to see that a hotel would come out of the ground in Christchurch. To be able to do this and hopefully set the bar relatively high, we hope others will follow.” Ross Steele, general manager of Te Pae Convention Centre, echoed this sentiment, calling the new hotel “a game changer” for the region. Steele noted that the hotel will enhance New Zealand’s standing in the international convention market, building on the success of the convention centre.

This redevelopment represents not just a restoration of a historical site but also a key step in revitalizing Christchurch’s economy and tourism sector. The community’s strong support for the project signals a collective desire for progress following years of recovery since the devastating earthquakes.