Work is underway on a new project for the Metropolitan Redevelopment Authority in William St, Perth. The new development is designed to ease Perth’s under-pressure hotel market and boost State Government work to regenerate and transform Northbridge. TPG and Cicero Projects Pty Ltd will build a six-storey, 74-bedroom hotel with mezzanine and roof terrace bar on the site. The development will retain the facade of the heritage-listed former National Bank building. RM Surveys have been appointed Project Surveyors for the high profile development. When completed, the development will complement the Perth Cultural Centre and the Northbridge Entertainment Precinct.