Aug 26, 2026 – 5.51pmA soaring $1.5 billion apartment tower proposed for opposite Melbourne’s Crown casino has won approval from the state government and will also be home to one of the world’s most famous luxury hotel operators, Hong Kong-based Mandarin Oriental Hotel Group.To be known as The One, the tower on Queens Bridge Street will feature 388 apartments, as well as some boutique office space. Mandarin Oriental will operate 158 luxury hotel suites, in a deal struck three years after plans for the high-profile hotel brand to debut in Australia proved unsuccessful.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Opposite Melbourne Crown, $1.5b apartment and hotel tower to go ahead
Melbourne-based developer PDG has won approval to move on a 71-level tower in Southbank which will be home to Australia’s first Mandarin Oriental hotel.
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