New $150m Boutique Hotel Announced for Melbourne’s Southbank ...Middle East

Melbourne’s inner city, already set to benefit from the $1.7 billion Melbourne Arts Precinct Transformation Project in 2028, will receive another boost to tourism with the announcement that diversified property developer Time & Place, along with joint venture partners MaxCap Group, and Australia’s TFE Hotels, will open a $150m boutique hotel in Southbank in September 2025. The deal has seen the joint venture partnership, alongside construction and property specialist Hickory, create a unique hotel brand - the Hannah St. Hotel. This new hotel not only aligns with its neighbourhood concept for The Queensbridge Building precinct but delivers an experience that is authentic to Melbourne. The 188

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