04 May PE Capital Boost Local Economy In Style By Bringing Hyatt Hotels to Springvale
Stylish, upmarket hotels were once only the domain of the CBD or hip inner-suburbs but with the exciting announcement that PE Capital, Melbourne based investment company and fund manager, will build a Hyatt Place hotel in Springvale, this thriving outer-suburban community will enjoy being home to the prestige and glamour of this dynamic hotel chain – and an important boost to the local economy.
Building a tier one hotel requires planning, investment and faith in the success of the project. With Springvale chosen as the ideal home for the stunning new Hyatt Place development, local residents can look forward to an injection of the tourism dollar to this multi-cultural neighbourhood, as well as the chance to having their area showcased as a vibrant part of Melbourne’s community fabric.
PE Capital is proud to deliver this iconic project that will help transform the precinct and add a new level of style to this suburban community, with the creation of fresh new community space, including co-working spaces, meeting rooms, event hubs and conference destinations – all the infrastructure needed to help an already interesting community of Melburnians build even better businesses.
Prime Square acted for the owner in the transaction.