First St Regis Hotel in Australia will open in Melbourne in 2022
St Regis Hotels is entering the market down under for the first time. Image: Supplied

First St Regis Hotel in Australia will open in Melbourne in 2022

The 168-room, five-star hotel will occupy levels two to 11 in Tower Two of the development at 7-23 Spencer Street. The rest of the 33-storey building – the tallest of the three – will be made up of apartments.

The end value will be nearly $1 million per hotel room.

Established in 1904, St Regis New York is known to be the hotel where the Bloody Mary cocktail was invented. The Mariott International-owned brand is also associated with its highly customised butler service.

The site is on the corner of Spencer and Flinders Streets. Photo: SuppliedThe site is on the corner of Spencer and Flinders Streets. Photo: Supplied

Richard Crawford, Marriott’s senior director of hotel development in Australia, New Zealand and the Pacific, said demand for luxury hotels in Melbourne was strong.

“This signing is an indication of the investment community’s confidence in the Australian market, where we are seeing a growing demand for premium lodgings,” he said.

“The St. Regis Melbourne will be an outstanding addition to our strong and growing footprint in the region, where we are on track to boast the largest portfolio of upper upscale and luxury hotels and resorts, with two thirds of the new supply pipeline.”

The Flinders Bank project, developed by Melbourne-based Century Group Aus, will comprise of 650 apartments, 2100 square metres of retail space and the hotel component.

The hotel will have 1268 rooms. Image: SuppliedThe hotel will have 168 rooms. Image: Supplied

The three towers are being built on the 7250-square-metre site of the former Melbourne Convention Centre, which was demolished in 2016.

The developer’s executive director Connie Wu said St Regis’ choice of Melbourne as its first Australian location proved the liveability of the city.

“Flinders Bank will offer the pinnacle of luxury experiences for guests as well as residents.”

Residents of Tower Two who purchase a Marriott Club membership can use the swimming pool, sauna and sundeck of the hotel.

The buildings have been designed by Fender Katsalidis Architects while the hotel interiors will be the work of Chada.

St Regis has more than doubled its footprint in recent years, with more than 40 hotels worldwide operating under the brand.

Construction on Flinders Bank is scheduled to begin next year and is expected to complete in 2022.