The Mayfair Hotel will be demolished and replaced by 201 flats.
Permission has been given to pull down the hotel on St Saviour's Road.
Dandara will build the one and two-bedroom apartments for Andium Homes.
The hotel is closing at the end of October after more than 50 years of welcoming guests.
Owners, the Modern Hotel Group, said the continual challenges facing tourism, coupled with the impact of Covid-19, had made it increasingly difficult to operate.
Channel Islands Christmas Lottery tickets on sale
Tickets are now on sale for the Channel Islands Christmas Lottery, with the top prize guaranteed to be at least £300,000.
Albert Pier improvement works underway
Improvement work is underway on Albert Pier.
Swimmer found 300 metres offshore
A sea swimmer had to be rescued in Jersey after being found nearly 300 metres offshore.
Renewed push for whistleblowing legislation
A Jersey Deputy is pushing again to get a whistleblowing law passed.
Islands Unlimited explores inter-islands car ferry
Islands Unlimited is exploring running a vehicle ferry between Guernsey and Jersey.
More funded nursery hours 'wonderful for families'
Plans for more funded childcare in Jersey have been described as 'wonderful for families'.
Guernsey's Alex Scott wins first England cap
Guernsey's Alex Scott won his first senior England cap.
Ice-rink returns to Weighbridge this winter
'Jersey on Ice' will return to the Weighbridge for its fourth consecutive year this winter, in situ in time for October half-term.
