🏒 Commercial

28-38 Pearl River Road

28-38 Pearl River Road, Docklands VIC 3008

  • 26 floors
  • 210 hotel rooms planned
  • 133 serviced apartments planned

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Approved, not yet built

  1. 2022Planning application
  2. TodayIn progress

4 news storiesFull timeline ↓

About 28-38 Pearl River Road

Planning is approved for the 26-floor building at 28-38 Pearl River Road, Docklands, which is not yet finished. First announced in September 2022 as a $340m dual-hotel plan by Capital Alliance Investment Group and TFE Hotels, it was approved by the Victorian planning minister in July 2023. In November 2025 an amendment was lodged to swap the hotel tower for apartments and change the architect from SJB Architects to DKO Architecture.

At a glance

Key facts

Building type
🏒 Commercial
Completed
β€”
Height
β€”
Floors
26 Unconfirmed We don't have data to 100% confirm this data point as yet.
Footprint
3,100 mΒ²
Architect
SJB Architects
Hotel rooms (planned)
210
Serviced apartments (planned)
133
Businesses
0
Car spaces
β€”
Strata plan
PS732555 Β· 1 lots
Planning zone
DZ6
Permits on record
0

Score cards

πŸš† Transport5/10

North Melbourne Station 11 min walk Β· 3 tram stops within 400 m

β˜• Everyday amenities6/10

25 cafΓ©s, 3 grocers, 0 medical within 250 m

🌳 Greenery8/10

120 street trees within 150 m Β· park 98 m away

✨ Activity6/10

3,007 people pass daily nearby Β· 19 licensed venues within 200 m

Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.

The building team

The people and companies behind the design, construction and management of 28-38 Pearl River Road.

πŸ—DeveloperCapital Alliance Investment Group2022–2023verified2022-2023 Β· Developer and planning applicant for the dual hotel schemeSource: The Urban Developer β†—
πŸ“ArchitectSJB Architects2022–2025verified2022-2025 Β· Designed the original two-tower scheme and plansSource: The Urban Developer β†—
πŸ“ArchitectDKO Architecture2025–reportedCurrent Β· 2025- Β· Architect of the amended plans lodged in 2025Source: The Urban Developer β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†North Melbourne Station
Train station
11 min Β· 841 m
πŸš†North Melbourne Railway Station
Train station
11 min Β· 851 m
πŸš‹Waterfront City/Docklands Dr #D11
Tram stop
1 min Β· 84 m
πŸš‹New Quay Prom/Docklands Dr #D10
Tram stop
3 min Β· 263 m
πŸš‹NewQuay Prom/Docklands Dr #D10
Tram stop
4 min Β· 352 m

Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.

Within a 3-minute walk

25β˜• CafΓ©s & eateries
3πŸ›’ Grocers
2πŸ‹οΈ Gyms
0🩺 Medical
0πŸ’Š Pharmacies
1🧸 Childcare
1🍷 Pubs & bars

Who lives in Docklands

Residents10,957
Median age32
Households renting62%
Households without a car39%
Walk to work27%
Public transport to work39%

ABS Census 2016 via City of Melbourne (CC BY).

Businesses in 28-38 Pearl River Road

0 businesses recorded in the City of Melbourne's latest business census.

Looking for space in 28-38 Pearl River Road?

We'll try to put you in touch with an agent, though we can't promise a reply.
Source: City of Melbourne Census of Land Use and Employment, CC BY 4.0.

Timeline

Everything that has happened at 28-38 Pearl River Road: listings, news, works, planning and history.

7 Nov 2025πŸ“°
News
Capital Alliance lodges amendment swapping hotel tower for apartments and changing architect to DKO
Capital Alliance lodged amended plans with DKO Architects replacing SJB's curved-glass design, with the north tower changed from hotel and commercial use to 242 apartments and the south tower keeping 200 hotel rooms and 105 serviced apartments. The amendment would reduce the building from 26 to 24 storeys, and the owners' application is still being assessed as far as the sources show.
13 Jul 2023πŸ“°
News
Victorian planning minister approves $340m Pearl River Road hotel project
Planning minister Sonya Kilkenny approved the Capital Alliance and TFE Hotels project, with the expected end value stated as $340 million, a 200-room Collection by TFE Hotels hotel and a 105-room A by Adina hotel. Coverage said the project could now move to construction, with no timeframe given.
Covered by 2 outlets
14 Jun 2023πŸ“°
News
Melbourne City Council's Future Melbourne Committee backs Pearl River Road dual-hotel application
The City of Melbourne's Future Melbourne Committee voted to support Capital Alliance's application for the site, which described a 23-to-26-storey northern tower and an 11-to-13-storey southern tower. The application then went to the state planning minister for a final decision.
2022πŸ“
Milestone Β· Planning application
Planning application TPM-2022-18 lodged
Derived from City of Melbourne Development Activity Monitor
15 Sep 2022πŸ“°
News
Capital Alliance and TFE Hotels announce $340m dual-hotel plan for Pearl River Road, Docklands
Capital Alliance and TFE Hotels announced two SJB-designed towers on the 1420 square metre site at 28-38 Pearl River Road, with a 200-room Collection hotel and a 105-unit A by Adina component. An application for planning approval had been lodged, and the developer said construction would begin in early 2023.
Covered by 2 outlets
Approvedβœ…
Milestone Β· Approved
Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor

Planning & heritage

Planning controls

ZoneDOCKLANDS ZONE - SCHEDULE 6 (DZ6)
DDO12Design and Development Overlay: limits on building height, setbacks and design
DDO54Design and Development Overlay: limits on building height, setbacks and design
DDO54-A1Design and Development Overlay: limits on building height, setbacks and design
DPO7Planning control
PO10Parking Overlay: controls on how much car parking new development can provide

Vicmap Planning, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.

Subdivision & permits

Plan of subdivision
PS732555
Lots on the plan
1
Owners corporation
Not recorded
Building permits on record
0

Community

What people say about 28-38 Pearl River Road in public forums and groups, and reviews left here.

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Frequently asked questions

Is 28-38 Pearl River Road residential or commercial?

28-38 Pearl River Road is a commercial building.

How many floors does 28-38 Pearl River Road have?

28-38 Pearl River Road has 26 floors above ground.

Does 28-38 Pearl River Road have hotel or student accommodation?

Plans for this address include 210 hotel rooms and 133 serviced apartments.

What businesses are in 28-38 Pearl River Road?

The latest council census counted 0 businesses in 28-38 Pearl River Road.

Is there office or retail space for lease in 28-38 Pearl River Road?

See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built 28-38 Pearl River Road?

Capital Alliance Investment Group developed 28-38 Pearl River Road and SJB Architects designed it. The building team section has the sources.

What public transport is near 28-38 Pearl River Road?

North Melbourne Station is the nearest train station, about 11 minutes' walk. The nearest tram stop is Waterfront City/Docklands Dr #D11, about 1 minute's walk.

What is the planning zone for 28-38 Pearl River Road?

The site is in the Docklands Zone - Schedule 6 (DZ6).

Does 28-38 Pearl River Road have an owners corporation?

Plan of subdivision PS732555 has 1 lot.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
28-38 Pearl River RoadCommercialβ€”26
The District DocklandsResidential128 m25β€”
Docklands MarriottMixed use144 m202020
Banksia New QuayResidential166 m192018

That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: Development Activity Monitor (CC BY 4.0), Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). Street View and business details Β© Google Maps.

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