Ritz-Carlton, Fast Consortium to develop Ritz-Carlton, Melbourne

The Ritz-Carlton Hotel Company and Fast Consortium (FEC) signed an agreement for the development of The Ritz-Carlton, Melbourne, which will be located at 250 Spencer Street in the UNESCO city of literature.

The Ritz-Carlton, Melbourne will be the centerpiece of an urban mixed-use project in the central business district, which will include residential apartments and retail shopping. With 250 rooms, the luxury hotel will be the highest in Australia, with floors located from level 64 to 77 of the building, offering views from all sides. The project will commence construction next year and will also include restaurants and a host of services and facilities.

Last year, FEC announced that it is developing a Ritz-Carlton at Elizabeth Quay in Perth, Australia. The announcement of the Ritz-Carlton, Melbourne marks the second luxury hotel slated for The Ritz-Carlton in the.

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The Ritz-Carlton Hotel Company of Chevy Chase, Md., currently operates 88 hotels in the Americas, Europe, Asia, the Middle East, Africa and the Caribbean. More than 30 hotel and residential projects are under development around the globe. The Ritz-Carlton Hotel Company is a wholly-owned subsidiary of Marriott International.