Capital Alliance approved for $340m dual hotel project, TFE continues to expand

Capital Alliance approved for $340m dual hotel project, TFE continues to expand

Capital Alliance, a leading property developer in Melbourne has announced the approval of a planning permit for its ground-breaking $340M dual hotel project in partnership with TFE Hotels.

Futuristic designs, as expected for a $340m build. (Supplied)

The permit for the mixed-use lifestyle development at 28-38 Pearl River Road, in Melbourne’s dynamic Docklands precinct, allows Capital Alliance to proceed with plans for a state-of-the-art 1000-pax capacity conference centre – one of the largest in Australia – and dual hotels featuring Australia’s largest rooftop infinity pool.

The $340M project, featuring the 200-room bespoke Collection by TFE Hotels brand and the premium 105-room A by Adina, stands as a testament to Capital Alliance’s determination to provide exceptional end-to-end experiences and an architectural legacy for Melbourne’s city skyline.

TFE Hotels expands its European footprint

In a show of confidence in the Austrian leisure market, TFE Hotels has also expanded its European footprint with the launch of the 131-key Adina Serviced Apartments Vienna late last week.

Adina Serviced Apartments Vienna. (Supplied)

The serviced apartment-style property is the second of three openings for the Australian hotel brand in the Austrian capital, following Adina Apartment Hotel Vienna Belvedere in 2021, and ahead of a brand-new 108-room property in the prestigious DANUBEFLATS – Austria’s tallest new residential tower – which will open next year.

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