Is Totti’s Coming To Melbourne? Merivale Makes On Massive CBD Site

Move over, Sydney—Melbourne’s about to get a dose of the Merivale magic and we've got our fingers and toes crossed for a certain famous wood-fired bread.

The hospitality giants behind Sydney’s iconic venues Totti’s, Mr. Wong, and the Ivy Precinct have just been given the green light by Melbourne City Council to transform the Parkade site on Little Collins Street into a world-class mixed-use precinct. 

This isn’t going to be your average redevelopment. It’s bringing to mind Brisbane’s Queen’s Wharf or James Street and we’re here for it. Think sky gardens, boutique hotels, creative studios, galleries, live music venues, and, of course, their signature hospitality offerings. This isn’t just a nightclub or a fancy restaurant—it’s a full-blown cultural and social hub designed to attract locals, tourists, artists, and families alike. 

But why Melbourne? Merivale, led by CEO Justin Hemmes, says the site is an “incredible opportunity” to create something special for the city. Located in the heart of the CBD, he says the site is perfectly positioned to breathe new life into Melbourne’s laneway network.

"The revitalisation and repurposing of this under invested yet wonderful site has the potential to be an incredible addition to the fabric of Melbourne, an iconic landmark destination precinct full of life and
vitality," Hemmes says.

Back in 2023 the group snapped up Kantay House, which is just next door to the car park on Meyers Place. Currently Kantay House is home to San Telmo and Pizza Pizza Pizza, and formerly houesd the cocktail bar Lily Black's which closed at the end of last year.

Of course, no story would be complete without a little drama. Merivale has faced its share of controversies, including recent scrutiny over workplace culture and allegations of underpayment at some of its Sydney venues. While these issues have cast a shadow over the brand, Hemmes has publicly committed to improving conditions and fostering a more inclusive workplace.

Melbourne Lord Mayor Nick Reece has hailed the project as a “huge vote of confidence” in the city, praising Merivale’s ability to create vibrant, people-focused spaces.

With the development set to unfold over several years, Melburnians can look forward to a new landmark that celebrates the city’s love of art, food, music, and community.

In the mean time, the group are developing Tomasetti House on Flinders Lane, which will include an underground bar, two levels of dining and a rooftop bar. They're expecting to open early 2026.

More to come...

Images: Merivale | Supplied