News

The Victory Hotel Is Levelling Up With A 51-Storey Hotel Tower Now Approved

15th Oct 2026
Written by:
Dinushka Gunasekara
Queensland Editor | Urban List

Brisbane’s oldest pub is reaching new heights—literally. 

The Victory Hotel—which has staked its claim on the corner of Edward and Charlotte Street in Brisbane CBD since 1855—is getting a 51-storey luxury hotel tower behind the heritage-listed venue. With 284 rooms, you can expect high-end amenities like restaurants, a public rooftop bar, and hotel pool on the 40th storey making the most of the panoramic city and river views. 

The soaring tower isn’t the only new feature on the cards for The Vic, with a mammoth refurbishment in the works that will see the venue split into four separate offerings: a sports bar and beer garden, rooftop garden bar, steakhouse restaurant, and a speakeasy-style basement bar with a gaming room. 

the victory hotel
Image credit: The Victory Hotel | Supplied

While the hotel tower will draw on the look and feel of the Victory Hotel, it will be lifted six storeys above the ground in a ‘reverse podium’ approach to let the heritage pub maintain its glory on street level. Owners Precision Group have enlisted the help of architecture firm Bureau Proberts (who are also behind the $180 million North Lakes precinct) and interior designers S.Shyne (who brought to life Black Hide at The Star), working closely with renowned heritage architect Ruth Woods to ensure the plans honour the historical site and complement the Victorian and Federation buildings it neighbours. 

The hotel refurbishment and historic restoration works are already underway, and The Victory Tower is set to be completed prior to Brisbane 2032.

“The Victory Hotel is one of Brisbane’s most recognised hospitality landmarks," said Precision Group Founder and CEO Shaun Bonétt. "Our vision is to honour that history while giving the site a new future bringing together heritage, hotel accommodation, hospitality, wellness and rooftop experiences in a way that contributes to the city well beyond 2032."

the victory hotel
Image credit: The Victory Hotel | Supplied

“We are already seeing strong interest from respected hotel operators who recognise the strength of
the location, the heritage of The Victory Hotel and the opportunity to help shape a new hospitality
destination for Brisbane,” Bonétt said.

“Engaging with the right operator early allows us to design the hotel experience with intention, from
room configuration and guest amenity through to food and beverage, rooftop activation and brand
integration. Getting that partnership right matters. It will help ensure Victory Tower is not only successful as a hotel but also contributes meaningfully to the wider CBD precinct.”