Melbourne CBD is set to receive another tourism boost now that diversified property developer Time & Place has announced a joint venture with MaxCap Group and Australia’s TFE Hotels to open a $150 million boutique hotel in Southbank.
Construction has already begun and the project is set for completion in September 2025.
The Hannah St. Hotel will feature a total of 188 rooms, a neighbourhood bar, restaurant, as well as a rooftop events space spanning 10 levels.
Guests will also be given exclusive access to a gym, lap pool, sauna and wellness room.
With the help of property specialist Hickory Group, the new hotel will align with the neighbourhood concept for The Queensbridge building to deliver an authentic Melbourne experience.
Time & Place Director Tim Price said they envision that the hotel will become ingrained in the cultural fabric of the suburb and form a part of the area’s transformation, coming to life as a ‘neighbourhood hotel’ for locals and visitors.
“As we set out to bring this landmark hotel to The Queensbridge Building, we are looking to bring international influences to Southbank through design and experiences. We anticipate that our hotel will be regarded as the place to stay for anyone in the arts visiting the city,” said Price.
Hannah St. Hotel will sit at the nexus joining Melbourne CBD, the Yarra river, South Melbourne and the Arts Precinct.
TFE Hotels CEO Antony Ritch said: “We are incredibly fortunate to have partnered with Time & Place and MaxCap on a building that will not only become a place maker for Melbourne’s newest lifestyle destination but provide such incredible amenities for the community.
“What I love about this project is that Hannah St. Hotel will deliver an experience in a neighbourhood that is transforming, thanks to an investment in Australia’s largest cultural infrastructure project, into a truly world-class art precinct,” said Ritch.
This new boutique hotel is set to complement The Queensbridge Building which will deliver 367 residential apartments and will feature a series of resident exclusive lush gardens, private rooftop terraces, lap pool, wellness studio, gym, sauna, steam rooms, co-working spaces, providore and private dining room.