NOVEMBER 2020

TAA (Vic)

Part Two

Contents DEVELOPMENT SUMMARY ...... 3 NEW OPENINGS - Under Construction ...... 5 MELBOURNE NEW OPENINGS – Approved ...... 8 MELBOURNE NEW OPENINGS – Proposed ...... 10 SUBURBAN HOTELS (Under Construction, Proposed, Approved) ...... 11 REGIONAL HOTELS (Under Construction, Proposed, Approved) ...... 13

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DEVELOPMENT SUMMARY New hotel openings since March 2014 Date Hotel Hotel Suburb Rooms Star Rating Hotel Group Opened Adina Apartment Hotel Southbank Southbank 220 4 Adina Hotels November 2020 The Sebel Yarrawonga Yarrawonga 63 4.5 Accor November 2020 Vibe Hotel Melbourne Melbourne 204 4 TFE Hotels April 2020 Holiday Inn Express (Pod Room Southbank 345 4.6 EVEN Hotel February 2020 Hotel) The Sebel Melbourne Moonee Moonee 97 4.5 Accor November 2019 Ponds (Mason Square) Ponds Hotel Chadstone Melbourne Chadstone 250 4.4 Sofitel November 2019 MGallery by Sofitel Pullman Melbourne on Swanston* Melbourne 204 4.5 Erdigroup October 2019 South Next Story LinQ 162 5 September 2019 Melbourne Group Brady Hotels Melbourne 150 4.3 Brady Group August 2019 Brady Hotels Jones Lane (111 Little Melbourne 153 4 Brady Hotels August 2019 Lonsdale Street) Element Melbourne Richmond Richmond 168 4.5 Marriott June 2019 Mantra Epping Epping 214 4.5 Accor May 2019 Shadow Play by Peppers Southbank 70 4 Mantra Mid-April 2019 Quest New Quay Docklands 221 4 Quest February 2019 Quest St Kilda Road Melbourne 104 4 Quest March 2019 Sebel Melbourne Malvern Malvern 98 4.5 Accor Hotels December 2018 Novotel and ibis Melbourne Central Melbourne 483 4.5 Accor Hotels November 2018 United Places – Botanic Gardens South Yarra 12 5 Home Hotel August 2018 Quest Epping – Cooper Street Epping 96 4 Quest July 2018 AVANI Hotel – 60 A'Beckett St Melbourne 120 4 Minor Hotels June 2018 Novotel Melbourne South Wharf Southbank 347 4 Novotel March 2018 Tyrian Serviced Apartments Albert Park 85 5 Tyrian January 2018 Gerry and Mitchelton Winery Estate Nagambie 58 5 December 2017 Andrew Ryan The Chen – An Arts Series Hotel Box Hill 100 5 Mantra November 2017 Sage Hotel Ringwood 120 4.5 Silver Needle October 2017 Essendon Hyatt Hotels Hyatt Place 166 4 June 2017 Fields and Resorts Jackalope Hotel Willow Creek Merricks Jackalope 46 5 March 2017 Vineyard North Hotels Starwood Four Points by Sheraton Melbourne Docklands 273 4 Hotels and March 2017 Resorts Imagine Hotels Imagine Marco Southbank 176 4 January 2017 and Resorts Sebel Melbourne Moorabbin Moorabbin 120 4.5 Accor Hotels January 2017 QT Hotels & QT Melbourne Melbourne 188 September 2016 5 resorts Punthill North Apartments Melbourne 130 4 Punthill Group August 2016

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Date Hotel Hotel Suburb Rooms Star Rating Hotel Group Opened Quest Dandenong Central Dandenong 95 4 Quest August 2016 Oaks Southbank Southbank 70 4 Oaks Group July 2016 Peppers Docklands – M Docklands Docklands 87 4.5 Mantra January 2016 Oaks Pinnacle South Yarra 41 4.5 Oaks December 2014 Larwill Hotel (Art Series) Parkville 100 4.5 Arts Series December 2014 Wyndham on William Melbourne Melbourne 87 4.5 Wyndham November 2014 Brady Hotel Melbourne 146 4 Brady Hotels October 2014 Quest Melbourne Airport Tullamarine 96 4 Quest October 2014 South The Coppersmith 15 4.5 Bagios Group July 2014 Melbourne Sheraton Melbourne Melbourne 174 5 Sheraton March 2014 Total 6,154

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MELBOURNE NEW OPENINGS - Under Construction STAGE OF PROJECT CITY ROOMS EST. COST DEVELOPER GROUP DEVELOPMENT YEAR

Ovolo South Melbourne South 100 $50 M Perri Projects Ovolo Group Under Late 2020 Hotel Melbourne Construction Moray / Dorcas Street 183-199 Moray Street

Mojo Nomad South Yarra South Yarra 100 Argo Group Ovolo Group Under 2020 construction

PM Port Melbourne Port 336 dwellings, PM Group Registration and 2020 320 Plummer Street Melbourne 200 serviced sales – under (Apartment Hotel) apartments construction

Voco Melbourne Central Melbourne 252 $500M Brady Property IHG Commenced 2018 Opening Group Soon Brady Group 380 Londsdale Street

Adina Grand Apartment West 92 Trenerry TFE Hotels Under 2020 Hotel West End Melbourne Melbourne Property construction (former Australia Post site, next to Festival Hall)

NEXT Hotel Melbourne 255 $110 Queens and Silver Needle Under 2020 Investment operate under construction 80 Collins Street Corporation Next Brand (located Le Louvre building (QIC)

Premier Tower Melbourne 160 hotel Singaporean TBC Under 2020 (Old Savoy Tavern site) rooms, 660 developer construction 134 Spencer Street apartments Fragrance (Cnr Bourke & Spencer Group Street)

Ovolo South Yarra South Yarra 123 Argo Group Ovolo Group Under Q1 2021 Intersection of Toorak construction Road and Chapel Street

Hilton Melbourne Little Melbourne 244 Unknown Multiplex Hilton Construction Q1 2021 Queen Street M&LHospitalit commenced Equity Chambers y (Singapore) Cnr Bourke and Little Queen Streets

W Hotel 294 $2.20 B CBUS/Daisho W Hotel Under Feb 2021 435 Collins Street Melbourne (Starwood) construction

Marriott Docklands 200 hotel $155m Capital Alliance Marriott Under March Harbour Town Shopping Docklands rooms, 110 construction 2021 Centre apartments (build above) Waterfront Way

The Ritz- Carlton Melbourne 240 Far East The Ritz- Carlton Under 2021 Swanston Street Consortium construction

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STAGE OF PROJECT CITY ROOMS EST. COST DEVELOPER GROUP DEVELOPMENT YEAR

Quincy Hotel Melbourne 241 Sold for BPM - TFE Hotels Under 2021 (debut of brand for TFE (30 levels, café $91.3m to Developer construction Hotels in Australia) and rooftop Indian looking to sell, bar) billionaire- off the plan Corner King St and Flinders Kapil and Maxcon Lane Rahul (builder) (33 King Street, near Bhatia Southern Cross Station) (InterGl- obe)

TPYR by Wyndham Carlton 173 Manors Gate Wyndham Under March Carlton Melbourne Group Pty Ltd Hotels & Resorts construction 2021 12 Leicester Place

Seafarers Place Melbourne 280 hotel $450m Riverlee - TBC Under 2021 Northbank Goods Shed rooms and 150 Melbourne construction apartments

Hyatt Centric Melbourne Melbourne 280 Hickory Group Hyatt Hotels Under March 9-27 Downie Street (off construction 2021 Flinders Lane)

AC Melbourne Southbank Southbank 200 Capital Alliance Marriott Under 2021 Hotel by Marriott International construction 199 Normanby Road

Courtyard by Marriott West 150 Ousia Marriott Under 2021 West Melbourne Melbourne Properties Pty construction Ltd

Shangri-La Melbourne 300 plus $640M SP Setia Under Q1 2022 288-326 Exhibition Street residential twin tower (Malaysian/des construction project igners Cox and Fender Katsalidis

Yotel Southbank 244 CHT Architects Cornerstone Under Q1 2022 63-69 City Road in Partners Group construction Southbank

Oakwood Premier Southbank 154 (within 40 Oakwood Under Q1 2022 Melbourne storey tower construction 202 Normanby Road, with 238 Southbank apartments)

Veriu Queen Victoria West 111 $450 PDG Veriu Under Late-2022 Market Melbourne (mixed- Corporation construction (Munro site) use)

Le Meridien Melbourne 235 Jinshan Marriott Construction 2022 The Palace Theatre Investment International commenced 2019 30 Bourke Street Group

Meriton Suites Melbourne 298 Hickory Meriton Suites Construction 2022 Melbourne Construction commenced Q4 140 King Street 2019

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STAGE OF PROJECT CITY ROOMS EST. COST DEVELOPER GROUP DEVELOPMENT YEAR

Holiday Inn Richmond Richmond 160 Pelligra Group, IHG Under 2023 Opposite Burnley Station PrimeLand construction Group and Diamond Hospitality Singapore

Hilton Melbourne Square South 600 hotel $2.8b OSK Property Hilton Under 2023 93-199 Kavanagh Street Melbourne rooms, 2,610 construction dwellings UniLodge – student Melbourne 198 hotel Greenfort Under N/A accommodation rooms, 383 Capital construction 478 – 488 Elizabeth Street dwellings

Home Southbank Southbank 130 Altus Pan Pacific Construction N/A 258 City Road Development commenced 2019

Total 7,270

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MELBOURNE NEW OPENINGS – Approved EST. STAGE OF PROJECT CITY ROOMS DEVELOPER GROUP YEAR COST DEVELOPMENT lyf Collingwood Melbourne Collin 105 Joint development Ascott Approved 2022 42 Oxford Street between Limited Urban, Hamilton Marino and CHT Architects

Ormond Hotel and Momo's Melbourne 537 $18.5M Ormond Group Tune Hotels Approved 2022 Melbourne (two hotels, 540 Flinders Street and 539-545 will be joined Flinders Lane by pedestrian laneway)

383 La Trobe Street Melbourne 488 Sterling Global Mirvac Approved 2022 (currently historic Melbourne apartments Mint site, leased to Australian and 200 Federal Police) hotel rooms

Peppers Melbourne Richmond Richmond 83 Brady Amber Accor Approved 2022 203-207 Bridge Road Property Group

Voco South Melbourne South 171 BEKL IHG Approved 2023 St Kilda Road Melbourne

Green Spine Southbank 220 $2B Beulah TBC Approved 2023 118 City Rd, Southbank VIC 3006 International

Holiday Inn and Hotel Indigo Melbourne 453 Focus Ventures IHG Deal signed 2023 (co-branded) (272 Holiday Crema The Walk Arcade – Bourke St to Inn and 181 Constructions – Little Collins Street Hotel Indigo) builder

Mandarin Oriental Hotel* Melbourne 0 $700m Landream (China) Mandarin See note below 586-606 Collins Street tower Oriental

SO/ Melbourne 210 $450 M MIT Australia Accor Approved 2023 Corner of William and Franklin (twin towers) Street 386-412 William Street (City Mazda)

63 Exhibition Street Melbourne 185 hotel Salta Approved – 2023 (ASF House) rooms (119 issues with dwellings) height restrictions (VCAT challenge lost)

Marriott Executive Apartments Melbourne 176 serviced $360m Woodlink IHG N/A 424 – 426 St Kilda Road, apartments mixed- Designed by Bates 163 use Smart residential developm apartments ent

371-389 La Trobe Street Melbourne 196 Sterling Global TBC Approved – Not concept design confirmed

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EST. STAGE OF PROJECT CITY ROOMS DEVELOPER GROUP YEAR COST DEVELOPMENT

Finders West** Melbourne 0 Part of Mirvac See note below Cnr Spencer and Flinders Street $800m (Formerly knows as St Regis) build

244-276 Spencer Street Melbourne 263 Approved N/A

244 -248 Flinders lane Melbourne 215 Moreman's Land TBC Approved TBC

Hotel Indigo Docklands 305 Salta Properties IHG Conditional TBC 695-699 Latrobe Street apartments support received Deluxe 5-star brand and 170 from the City of hotel rooms Melbourne Total 4,080

*Mandarin Oriental Hotel: Developer exited the market through a deal by brokered by Colliers International. The project was to have included 148 Mandarin Oriental-branded residences.

** Flinders West: St Regis luxury hotel pulled out of the development. Mirvac is now seeking approval for a two-tower design, including an office tower and a 33 storey build-to-rent apartment block. The project was previously set to include 168 St Regis butler services rooms.

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MELBOURNE NEW OPENINGS – Proposed STAGE OF PROJECT CITY ROOMS EST. COST DEVELOPER GROUP DEVELOPMENT YEAR

QT Hotels and Resorts St Kilda St Kilda 80 QT Hotel & Proposed 2021 35 Fitzroy Street Resort

Hotel tower project Melbourne 130 TBA – sale BPM To be The site has been 2023 9-11 Exploration Lane (34 price Corporation appointed cleared, ready for stories) expected (selling) (Development construction. circa $50m approval expires end- Final sale 2019) negotiation underway

The Hotel Windsor Melbourne 100 $300 M Halim Group Delayed 2023 111 Spring Street 27-storey Builder- Built and Japan's tower Obayashi Designer - Denton Corker Marshall

Marvel Stadium Hotel Docklands 200 $2 B Australian TBC Proposed 2023 Football League

274-278 Lonsdale Street Melbourne 181 TBC TBC Proposed 2023

422 Little Collins Melbourne 250 $50-$100 Dilato TBC Proposed 2023 million Investments quotes closed Feb 2020

22 – 24 Bennetts Lane Parliament 44 Aust Global TBC Proposed 2023 Investments

700 Collins Street Melbourne 182 Cromwell Development TBC 4.5 star Property Group application submitted

130 Little Collins Street Melbourne 184 $35m Golden Age Not appointed Planning TBC (Uniting Church site) rooms (recently Group (approved) sold)

Queensbridge Tower 388 hotel $2.0B Crown Resorts JV Crown and Extension to TBC Crown Southbank Melbourne rooms looking to buy Schiavello construction start 1-7 Queensbridge Street out Schiavello Group time recently 6-star property and build fourth denied by hotel Victorian (non-gaming) Government

PARKROYAL Melbourne Docklands 266 suite, 300M Digital Harbour Not under TBC (Altus hotel and apartment) 4.5-star Holdings PPHG construction as of 238 Harbour Esplanade hotel yet. Development pending Total 2,005

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SUBURBAN HOTELS (Under Construction, Proposed, Approved) STAGE OF PROJECT CITY ROOMS EST. COST DEVELOPER GROUP DEVELOPMENT YEAR

Quest Preston Preston 79 rooms + Pellicano Quest Under Nov 2020 518 – 528 High Street, Preston 21 Group construction apartments and retail

Holiday Inn Coburg 150 Barnes IHG Under 2020 737 Sydney Road Capital construction (Architects: Hachem)

Mantra M-City Clayton 250 room $1b mixed- JV – Accor Under 2020 hotel and 180 use Saracenco construction Mantra- development Group and managed Schiavello serviced apartments

Hilton Garden Inn Bundoora 168 Dealcorp Hilton Hotels Under Q1 2021 1056 Plenty Road construction Polaris 3083 development

Oakwood Hotel Dandenong 98 Unknown Barnes Oakwood Announced May Q1 2021 Capital 2019

Adina Apartment Hotel Coburg 120 Shayer TFE Hotels Under 2021 Pentridge Prison in Coburg Group construction

Punthill Essendon North Essendon 40 EVR Group Veriu Group Planning 2021

Punthill Oakleigh Central Oakleigh 55 Geopec Pty Veriu Group Renovation of 2021 Ltd Punthill Apartment Hotel

Punthill Caroline Springs Caroline 80 Geopec Pty Veriu Group Planning 2021 Springs Ltd

Quest Watergardens Hotel Watergardens 86 Services Quest Quest Under 2021 Kings road apartments Apartments construction

Sebel Melbourne Ringwood Ringwood 103 Amber Accor Under Feb 2021 Property construction Group

Hyatt Place Caribbean Park Scoresby 171 TBC Hyatt Hotels Under 2021 Corporation construction

Holiday Inn & Suites Dandenong 160 Unknown PE Capital IHG Announced March 2021 2019

Novotel/Ibis Styles Melbourne 464 $150m Australian Accor Hotels Under 2021 (joint branded with shared BOH Airport Pacific construction facilities) Airports Corporation

Mercure Melbourne Doncaster 190 (six Accord Accor Under 2021 Doncaster (Shopping- stories. Retail Property construction town) on the Group ground)

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STAGE OF PROJECT CITY ROOMS EST. COST DEVELOPER GROUP DEVELOPMENT YEAR

35-41 Claremont Street South Yarra 294 room LK Property Change of use Delayed hotel tower Group application (residential to the hotel)

Hume X Craigieburn 256 1.7 B JTX Permit approved N/A 650 Hume Highway (retail dev) Hotel & International serviced apartments

Aloft Melbourne South Yarra. 176 Spotlight Starwood Under N/A 402 Chapel Street Group Hotels & construction Holdings Resorts

Hyatt Place Springvale 216 $50m PE Capital Hyatt Hotels Approved N/A Corporation

655-661 Sydney Road Brunswick $17M Plans for a residential apartment site Total 3,357

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REGIONAL HOTELS (Under Construction, Proposed, Approved) STAGE OF PROJECT CITY ROOMS EST. COST DEVELOPER GROUP DEVELOPMENT YEAR

Quest Wangaratta Wangaratta 72 Serviced NEM Creative Quest Under November apartments construction 2020

Mantra Traralgon Traralgon 50 Minster Accor In preparation for Dec 2020 Constructions opening.

Mercure Bendigo Schaller Bendigo 118 Mercure Re-brand, December formally known as 2020 Quest Schaller Hotel Bendigo

Holiday Inn and Suites Geelong 180 $150m Franze IHG Under Late 2020 44 Ryrie Street mixed-use Developments construction

The Ritz Hotel Geelong Geelong 126 Mark Gatwick Collective Under Late 2020 Apartments Architects Hotel construction Management

Quest Ballarat Station Ballarat 77 (part of Pellicano Group Quest Under March mixed-use construction 2021 redevelopme nt)

Voco Yarra Valley Yarra Valley 196 $65m Barnes Capital – IHG Proposed 2021 483-489 Maroondah Highway Martyn Barnes

Holiday Inn Werribee Werribee 150 Pelligra Group InterContinen Under 2021 and Citinova tal Hotel construction Group

Sorrento's Continental Hotel Sorrento 38 Demetrios PKF Delayed Charisiou's LBSA Melbourne

Portarlington Resort Geelong Contra Planning Constructions application rejected in July 2020 Total 1007

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