InterContinental Hotels Group (IHG) is set to open its first ever managed luxury hotel in Brisbane under the Kimpton Hotels & Restaurants brand.

The hotel is expected to open its doors in the trendy suburb of Teneriffe in 2028, as part of Kokoda Property's $1.5 billion mixed-use development.

Director of Development, Australasia & Pacific, IHG Hotels & Resorts, Cameron Burke, said: "We couldn't be more excited to bring our Kimpton brand to Brisbane, particularly in such a strategic location that perfectly aligns to the aspirational ethos of the brand. Kimpton has an ardent global following amongst the lifestyle-led and socially inclined, which will resonate strongly as part of the Skyring Terrace precinct and within Brisbane's luxury hotel market. We're thrilled to be partnering with Kokoda Property in pursuit of our common vision to elevate the hospitality space in South-East Queensland."

Founder and Managing Director, Kokoda Property, Mark Stevens, said: "The Kimpton brand was the ideal choice for, and will be the centrepiece of, our striking Teneriffe development. The brand's lifestyle centric positioning, design and playful guest experiences will fit perfectly into this exciting and unique pocket of Brisbane."

The development will include ground floor hospitality and retail amenity, commercial offices, and multiple residential towers. The Kimpton hotel will offer approximately 155 unique, design-led rooms and suites, including marquee suites for celebrity guests and VIPs.

The hotel will feature a 200-plus-seat signature restaurant and bar, a spa, fitness centre, and 618 sqm of flexible indoor and outdoor event space. The hotel will have waterfront access and views, including an infinity pool overlooking the Brisbane River and an open-air Garden Terrace bar.

The Kimpton brand was founded in 1981 in San Francisco and is known for its unique, design-led hotels. IHG currently operates 53 hotels under eight brands in Australia, with another 19 hotels in the pipeline, including the Kimpton Teneriffe.

Brisbane has been Australia's fastest growing city for the last five years, according to the Australian Bureau of Statistics.