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.
Candle-lit evening at St Brelade's Bay Beach to remember loved ones
Hundreds of candles will be lit around the beach at St Brelade's tonight (23 May) to remember loved ones islanders have lost.
How to have 'safe and enjoyable' Jersey beaches for summer
The Police's Community Safety Team is delivering Beach Safe awareness events today (Friday 22 May), as lifeguards begin full patrols.
Appeal after woman grabbed by throat in nightclub
Police want to speak to anyone who saw a man grab a woman by the throat in a Jersey nightclub.
Essential work to begin on Springfield Stadium
Work will start this summer on upgrading and refurbishing the Springfield Stadium Grandstand.
Man who dug up cocaine in woods is jailed
A man who dug up cocaine in woods at Grands Vaux has been jailed for six and half years.
Jersey and Guernsey included in UK-Gulf trade deal
Jersey and Guernsey have been included in a landmark UK deal with Gulf states that is being hailed a 'significant' boost to the islands' economies.
Man jailed for series of violent assaults
A man has been jailed for nearly four years after a series of violent assaults in Jersey.
Woman jailed for trying to smuggle cocaine into Jersey
A woman who tried to smuggle cocaine worth £14,000 into Jersey has been jailed for three years.
