Justin Hemmes takes laneway foothold in Melbourne

Justin Hemmes takes laneway foothold in Melbourne

Flinders Lane. Photo from Visit Melbourne.

Billionaire hospitality businessman Justin Hemmes refuses to be hemmed in by state borders, with the announcement today he will be expanding his Merivale empire to Melbourne. 

The company has purchased Tomasetti House, 277 Flinders Lane in the heart of the Victorian capital, and will mark Merivale's first expansion outside NSW and the second outside Sydney.

Last month Merivale acquired The Quarterdeck, a popular waterfront restaurant in Narooma on the NSW south coast.

Further details of plans for the property are due to be announced in due course.

"Melbourne is a very special city, with a unique energy and an inimitable soul. Its local hospitality industry is one of the best in the world; brimming with creative culinary talent and supported by a passionate community of diners," Merivale CEO Justin Hemmes said.

"We are honoured to open our first venue in Melbourne, and cannot wait to work alongside so many local industry greats.

"Melbourne's CBD has suffered terribly from the hardships of the past year. We are committed to doing everything we can to help reinvigorate the city and support it in its road to recovery."

The five-floor Tomasetti House was originally built in 1853 for William Degraves' flour-milling and merchant businesses.

"I have spent years travelling and being inspired by places from all corners of the globe, but the last twelve months has certainly reinforced that there is simply no place like home," Hemmes said.

"I am energised by Australia's collective appreciation for our own backyard and am extremely passionate about continuing to invest in an industry that defines so much of our vibrant culture."

Photo: Victorian Heritage Database

Never miss a news update, subscribe here. Follow us on LinkedIn, Instagram and Twitter.

Business News Australia

Get our daily business news

Sign up to our free email news updates.

 
Unpacking equity: Finding your funding fit
Partner Content
Armed with a growing business and a great opportunity, a business owner’s next challe...
Australian Business Growth Fund
Advertisement

Related Stories

Australian Ethical profit up six-fold as customer numbers rise

Australian Ethical profit up six-fold as customer numbers rise

Sydney-headquartered investment manager Australian Ethical (ASX: AE...

Hotel Property Investments CEO Don Smith passes away

Hotel Property Investments CEO Don Smith passes away

Following a successful career of almost two decades with Vicinity C...

Australian data protection authority received almost 500 breach reports in December half

Australian data protection authority received almost 500 breach reports in December half

While it’s no secret that cybersecurity attacks have posed a ...

The secret sauce of Coles’ and Woolworths’ profits: high-tech surveillance and control

The secret sauce of Coles’ and Woolworths’ profits: high-tech surveillance and control

Coles and Woolworths, the supermarket chains that together control ...