Quest Apartment Hotels has signed an agreement to lease an 83-room apartment hotel on Wellington Street, Collingwood, with construction scheduled to commence in July 2021.
The mixed-use commercial project by developer Centreland Group will be comprised of 10 floors, eight of which will be occupied by Quest who will offer a mix of studio, one, two and three-bedroom apartments as well as guest front of house, conferencing facility for up to 80 people, business lounge and gymnasium.
There will also be an additional two levels of office space, a ground-level café and two levels of basement parking within the build.
With over 16,000 [1] businesses operating in Yarra primarily in the health care, professional, scientific and tech industries [2], Quest’s general manager of growth and capital strategy, James Shields, says the new hotel will sustain existing demand, as well as ongoing growth outlined in The City of Yarra’s Community Infrastructure Plan [3].
“Collingwood is one of Yarra’s key employment precincts supporting over 84,000 jobs, and we believe there is a shortage of high-quality apartment-style hotel accommodation in the area to cater to current and future business travellers,” Mr Shields said.
“We’re pleased to be working with Centreland Group and CHT Architects to deliver a purpose-fit solution for the corporate market’s long and short stay requirements.”
Quest’s announcement follows that of parent company, The Ascott Limited, who in July last year revealed its plan to bring ‘millenial brand’ ‘Lyf’ to the suburb.
The 105-room hotel will be situated at 42 Oxford Street within Urban’s C&L development.
Ascott Australia’s managing director, David Mansfield, said the two hotels will collectively cater to a wide cross-section of guest segments across an accumulative 188 rooms.
“The population in the Collingwood precinct skews younger, so the Lyf brand in all its vibrancy is perfectly geared to students, tourists and young professionals, while Quest has carved its name as one of the preferred brands among Australia’s corporate world and is ideally suited to extended stay, so each hotel will have its own unique character and guest experience on offer,” Mr Mansfield said.
Construction stage architects CHT – the same team behind Lyf – said the building will fit seamlessly into the distinctive character of Melbourne’s north-east.
“The new building will blend into the industrial and diverse context of Collingwood; the dichotomy of red bricks and glazed facades are sensitive to the area’s existing buildings and rich history, whilst providing a new refined level of modernity,” shared CHT Architects Associate Tanjung Satrio Buntaram.
Quest Collingwood is scheduled to open in November 2022.