Riverlee will build new hotel along Melbourne's Yarra River

Melbourne, Australia, is set to get a brand new hotel along the north bank of the Yarra River. 

After years of delays, final plans for the Northbank project are in place. Among apartments and an events venue, developer Riverlee has proposed building a 180-room hotel from what was once a wharf and goods shed at the western end of the precinct. The company, which is owned by Malaysian-Australian businessman Clement Lee, also redeveloped the adjacent World Trade Centre and WTC Wharf sites.

In total, the full development is slated to cost $300 million and will provide a “missing link” between the north bank and Docklands. 

Virtual Event

HOTEL OPTIMIZATION PART 2 | Now Available On-Demand

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


The site, behind the historic Mission to Seafarers building, was purchased from the state government last year. 

Lord Mayor Robert Doyle praised the project. “It’s great to see the north bank catching up to the south bank and becoming a really vibrant part of the city,” he said. “It’s been very shortsighted to turn our backs on our river.”

The state Planning Department will now start considering the Northbank blueprint.

 

Suggested Articles

During the “Best Practices in Cleaning” panel, insiders shared how hoteliers can keep guests and employees safe.

Keynote speaker John Picard offers the hospitality and technology industries a new way forward out of the chaos.

The top five markets account for 15 percent of the rooms in the total U.S. pipeline.