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CONCEPT: The developers are having to rethink this design for the Karratha DoubleTree by Hilton.

Stalled Karratha Hilton works on fixing finance

The future of Karratha’s $70 million DoubleTree by Hilton proposal appears to be tied to the health of the Pilbara economy, with the hotel’s developer forced to redesign the project to finalise a suitable construction financing deal.

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Total combined value of current WA projects

28th↓Qube PropertyNFP
29th-Parcel PropertyNFP
30th-LandCorpNFP
31st-PerronNFP
74 property - (built-form) developers ranked by total combined value of current WA projects ($)

Lots expected to be completed for sale, current financial year

3rd↓Satterley PropertyNFP
4th-LWP Property GroupNFP
5th↑LandCorp582
6th↑Cedar Woods Properties500
7th-Urban Quarter275
39 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

Total revenue

10th↑Pilbara Ports Authority$422.6m
11th↑Racing and Wagering Western Australia$337.9m
12th↓LandCorp$325.0m
13th-Fremantle Ports$214.1m
14th↑Metropolitan Redevelopment Authority$169.1m
29 state government businesses ranked by total revenue - this year

Number of Employees

Property - (Built-form) Developers

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