It was announced on 2nd of May 2018 that a Hyatt affiliate has entered into a management agreement with PEC Portfolio Springvale Pty Ltd for a 200-key Hyatt Place hotel in Melbourne. Hyatt Place Melbourne Springvale will be in a prominent location at the intersection of Springvale and Dandenong Road. In the heart of the Monash Employment and Innovation Cluster, the hotel will find itself neighbour to several academic institutions, businesses and medical facilities. The hotel will be developed by PE Capital – a valued client of MacroPlan – one of the leading boutique investment management firms in Australia. MacroPlan provided planning services to rezone the land to allow development of the site for the hotel use. The development will be part of a mixed-used complex, which will also include co-working facilities and retail stores.
Hyatt Place Melbourne Springvale will be the second Hyatt Place hotel in Australia and is expected to open in 2020.
MacroPlan was pleased to provide the planning services for the Hyatt Springvale. If you would like further information about the project or to discuss your Town/Urban Planning requirements, please contact National Business Development Manager, Joel Taylor via email or 03 9600 0500.