TFE Hotels has partnered with local developer and hotel owner Capital Alliance for a $340 million mixed-use development in Melbourne Docklands, set to open in 2026.
Scheduled to break ground in early 2023, the two-tower project will feature the largest rooftop infinity pool in Australia, day spa, shopping and dining options, and the first purpose-built 200-room Collection by TFE Hotels and 105-room A by Adina properties in Melbourne.
A 1000-pax capacity events and conference centre will be located on a sky bridge that connects the two hotel towers, affording sprawling 360-degree views of the city and adding another dimension to Melbourne’s high-end conferencing options.
Set to become an architectural landmark on the Melbourne skyline, the development was designed locally by SJB with the design inspired by natural elements such as the local landscape and Yarra River.
This project is the fourth mixed-use hotel development for Capital Alliance who have invested close to a decade in Docklands and the surrounding precinct, with multiple other developments completed.
Capital Alliance chief executive officer, Mohan Du, said Capital Alliance was doubling down their exposure to hotels because he believed there will be continued demand for purpose-built hotel offerings.
“Our partnership with TFE was born and galvanised during the uncertainty of the pandemic. It may sound cliche to say, but there are two things we’re certain of, developing a hotel is incredibly challenging and we have unparalleled confidence in our ability to deliver a world class establishment alongside TFE,” Du said.
TFE Hotels Group chief operating officer, Chris Sedgwick, said Melbourne was one of the world’s great cities and he was excited about its future.
“Each of our one-of-a-kind Collection hotels has a distinct story and, together with A by Adina’s brand premise around hotel living, offer guest experiences that are unique to their neighbourhood,” Sedgwick said.
“It’s therefore incredibly important to TFE and our brands that, when we are looking for opportunities to partner, we seek out legacy makers, who have a passion and a genuine connection to the places they operate in.
“We love that Mohan had a vision for Melbourne’s burgeoning Docklands area and that he and the Capital Alliance team have spent the last decade investing in and realising that vision, and we’re thrilled to partner with them on this next phase of development.”
