The hotel set to open in 2017 will be Australia’s first Hyatt Place hotel.

Hyatt Place Melbourne will be located in the Essendon Fields development, said to be becoming Melbourne’s new business district in the northwest region.

The hotel will be close to Tullamarine International Airport and situated on one of Melbourne’s most important roads, the Tullamarine Freeway, used by more than 100,000 cars every day.

“We are delighted to bring the Hyatt Place brand to Melbourne, and are honored to start our relationship with EFPL, a joint venture between Fox Group Holdings and Beck Corporation, two of Australia’s most prominent developers,” said Robert Dawson, Hyatt’s area vice president for the Pacific region.

The Hyatt Place hotel will be part of the Melbourne’s economic expansion including transportation infrastructure, housing, employment, and migration growing, the city is undergoing a transformation.

Hyatt Place Melbourne Essendon Fields will join five Hyatt-branded hotels across Australia.