Louis Li bought a converted CBD office as a warehouse next to his Maria George building, which is intended for a Jackalope hotel.
The latest property, 175 Flinders Lane, cost Helen Sykes $ 25 million in July.
He is perhaps best known for his lower level rental – Chris Lucas’ Kisume.
The six upper floors are strata called offices.
Daniel Wolman of Colliers, Oliver Hay, Leon Ma with John Camilleri of Killen Thomas have marketed 175 Flinders Ln.
The 1911 Maria George Building cost Mr. Li $ 11.5 million in 2018.
The combined operation covers 628 square meters.
Mr Li, the 33-year-old son of China-based developers and hoteliers, is now expected to move the upper floors of 175 Flinders Ln into the proposed guesthouse.
In 2017 – a decade after moving to Melbourne as a student – the businessman opened the first Jackalope Hotel in Merricks North, on the Mornington Peninsula; One of her prominent guests is Hillary Clinton (story continues below).
Two years earlier, the executive had paid $ 45 million for the Prince of Wales Hotel in St Kilda.
Mr. Li also owns a stake in Black Star Pastry, which operates in five Australian stores.
The businessman is also responsible for the city’s Rain Room exhibition.
Jackalope Flinders Lane
In 2018, Mr. Li proposed to reallocate the six-story Maria George building into a 32-suite guesthouse.
The redevelopment reportedly included a four-story extension, with a frosted glass box on the roof that would double as a cloud-themed bar.
The design also included a cafe and two restaurants.
Plans to open last year were put on hold due to COVID.
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