St. ALi joins others in leasing University of Melbourne retail space
Melbourne coffee institution St. ALi will begin serving students and staff of the Faculty of Fine Arts and Music representing owner Salvatore Malatesta.
James Lockwood and Rick Berry of Fitzroys negotiated the long eight-year lease for the 16 sqm hole-in-the-wall with a 56 sqm outdoor deck area on behalf of the University of Melbourne.
“We utilised our extensive hospitality database to undertake a targeted approach to quality coffee operators, which resulted in lease negotiations with St. ALi within 24 hours of the space hitting the market,” Lockwood said.
The space is one of a number of brand-new food and beverage tenancies Fitzroys has been marketing in the heart of the Melbourne arts precinct on behalf of the University in line with the its $200 million campus transformation of the Victorian College of the Arts and the Conservatorium of Music, creating the Faculty of Fine Arts and Music.
Malatesta’s involvement in the coffee industry began in earnest in 1996.
“I opened my original coffee cart at the University of Melbourne when I was a student, so we are very excited for St ALi to be heading back to where it all started, and feel there is great synergy of the sustainability principles that both the University and the St ALi brand represent,” Malatesta said.
Other deals recently concluded by Fitzroys for the University include the main café at Southbank Campus, to be opened late 2020, and event bar and foyer in the new Conservatorium of Music, Axil Coffee at the new Webs building at the Parkville Campus, and Mr Ed Café at the Werribee Veterinary and Agricultural Sciences Campus, by Four 10 Hospo Group who also run Leroy’s Café in Newport.