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.
Rise in Jersey workers with grievances about their employer
The Jersey Advisory & Conciliation Service (JACS) - which supports islanders with disputes - is reporting an increase in people contacting it.
Burst water main sends water soaring on Kensington Place
There was a 20ft high jet of water on Kensington Place this morning (23 April) due to a burst water main.
LOOK INSIDE: Jersey's Corbière lighthouse turns 150!
We've been to Corbière lighthouse as Jersey celebrates 150 years since the iconic landmark was first lit.
A quarter of government-owned buildings have 'major defects'
A quarter of Jersey government-owned buildings have been found to have major defects or have been graded in 'poor' condition.
Pedestrian injured in collision outside Jersey's bus station
A man needs surgery after being struck by a car on the zebra crossing near Jersey's Liberation Square.
Young people in Jersey asked to set Children's Commissioner's priorities
Jersey's new Children's Commissioner is asking young people what she should prioritise, as she puts together a four-year plan.
Public survey opens into future of Grève de Lecq site
The future use of the former Seaside Café at Grève de Lecq could be decided by a new public survey.
Corbière lighthouse lit gold for landmark anniversary
Corbière lighthouse has been given a golden hue this week as part of celebrations to mark 150 years of Jersey's famous landmark.