Pi partner with Wollongong 2022 as home for UCI World Champs

The guests at ‘Marketview’ may have cleared out, but the property is now gearing up to host many more travellers in Wollongong's CBD in the near future.

After Pi Capital secured the property in December 2022, repositiong works were already well underway when it became apparent there was an opportunity to support the local community in hosting Wollongong’s very own ‘Olympic’ moment.

The property rebranded over the period leading up to the event, sporting the official Wollongong 2022 branding on the building, to host event staff from all over. The team worked closely with all stakeholders to reopen the property for UCI Road World Championships over September 2022 and completely transform the property over that period.

Event CEO Stu Taggart said the property was the team's home away from home.

"There was an opportunity to utilise this centrally located hotel, working closely with incoming new owners Pi Capital Partners and their operational team to activate the space while the hotel is undergoing renovation before reopening later this year as commercial accommodation for the city and region," he said.

Facade works are currently underway on the property and the ground floor restaurant and bar space is also being renovated.

Mr Taggart said the location of the hotel was ideal for the race workforce.

"Given the proximity to the Course footprint, the CBD property was identified as an important hotel asset to the local economy," he said. "Pi Capital Partners have worked closely with all stakeholders to ensure the activation of the property for the event organiser's workforce to support the local community in hosting this world class event, lifting Wollongong's exposure to a global audience."

We look forward to some more announcements on this asset soon, we cant wait to share our plans for the hotel! #wollongong #hotelnews #NSWsouthcoast

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