Mantra M-City Melbourne
Mantra Group To Operate M-City Melbourne
Mantra Group will operate the hotel and letting apartment component of Saraceno Group"s $1 billion mixed-use development in Clayton, one of the fastest growing employment corridors in Melbourne"s south-east, just 20 kilometres from the CBD.
Photo by Mantra Group
Located on the corner of Princess Highway and Blackburn Road, the development is the largest ever undertaken in the city and includes a range of residential, hotel and serviced apartment accommodation as well as retail, entertainment and commercial facilities within the world-renowned education and medical precincts of the Monash municipality.
The full-service hotel and apartments component of the development, to be known as Mantra M-City, is due for completion in late-2020.
The 10-storey hotel will include 250 hotel rooms, conference and meeting facilities, a restaurant and bar, and onsite car parking.
Adjacent to the hotel tower, a further 180 serviced studio, one, two and three bedroom apartments will also be operated by Mantra Group.
Mantra Group Chief Executive Officer Bob East said the acquisition is a great opportunity to connect the Mantra brand to the strong market dynamics of Clayton.