Artemus Group, the hospitality powerhouse behind Brisbane’s Howard Smith Wharves, has taken a significant step in its ambitious plans to revitalise Sydney’s Manly Wharf by acquiring the iconic Hugos Manly.
The deal, facilitated by Andrew Jolliffe of HTL Property, will see the Hugos team stay on, and the venue operated by Dave Evans and David Corsi.
Founded by Adam Flaskas and Paul Henry, with Luke Fraser as CEO, Artemus Group has pledged to bring its expertise and vision to the Sydney waterfront.
The group, which has been in possession of the Manly Wharf precinct since April, is investing $120 million in an extensive redevelopment, including the addition of Felons Brewing Co., a craft brewery now occupying the former Manly Wharf Bar space.
Plans are also underway to transform the old Aldi supermarket into a microbrewery, with a $13 million proposal already submitted.
Artemus purchased the bulk of the wharf complex from tycoon Robert Magid’s TMG Developments, including the Manly Wharf Hotel, in deals worth $110 million.
Flaskas and his team are keen to integrate community feedback as they overhaul the beloved site, aiming to create a vibrant harbourside destination.
Source: The Daily Telegraph.
