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.
A sod turning ceremony for Melbourne's landmark $1 billion mixed-use M-City development in Clayton was held recently with Premier of Victoria, the Honourable Daniel Andrews MP, marking the event with the M-City development team and representatives from Mantra Group.
Attendees included Saraceno Group Project Director Domenic Sciglitano, Schiavello Group Chairman Tony Schiavello and Saraceno Group Director Nick Saraceno.
Honourable Daniel Andrews MP with the development team
Hon. Daniel Andrews says of the M-City development: “Both the Saraceno and Schiavello families, their joint venture partners, and the lead tenants should be very proud that after a lot of planning, and a lot of hard work, they’ve been able to get to this point, realise the dream, and create thousands of ongoing jobs. M-City is the biggest public infrastructure the state has ever seen. It’s all about keeping our state strong. We’ve got the strongest economic growth in the nation; last year we created more jobs in Victoria than the rest of the nation combined.”
Co-Developer, Nick Saraceno, JV partner on M-City says: “It’s fantastic to see the support the local community has lent to the M-City project. This is an important project not just for the Monash area, but for all of Victoria. We are pleased to be able to share this historic milestone for the project with the Honorable Daniel Andrews.”
Co-Developer, Tony Schiavello, Chairman of Schiavello Group says: “The M-City team is proud to be delivering a project that will breathe life into the growing community in the Monash area. The mixed-use amenity of M-City will provide living, working, and lifestyle solutions for the local community.””
Mantra Group will operate the full-service hotel and letting apartment component of the development, to be known as Mantra M-City, when it opens in late-2020.
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 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.
Click here to read more about Saraceno Group's $1 billion project.
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