Fourteen dollars doesn’t buy much these days, but it does buy you anything on the menu at CBD bar-meets-bistro Frenchie. At the Paris-inspired venue from New Zealand restaurateurs Julian Diprose and Lucas Boucly, every plate and drink will come in at $14 or less. In a space dripping in red velvet, mirrors and marble, the menu of plats à partager (share plates) includes steak entrecote, a classic salad niçoise, confit duck leg and more. Plus there’s a roving caviar and Champagne trolley offering bumps and glasses (all $14), plus cocktails on tap, craft beers and a wine list by the glass (still all $14…). 1/15 Collins Street, Melbourne; frenchierestaurant.au

Koi Toy is the new fish in the pond at Pentridge Shopping Centre. The 90-seat Japanese bar and restaurant in the expanding complex brings late-night Tokyo energy, with a menu by ex Chin Chin and Claypots-chef Alex Meimetis, with outdoor seating spilling into the yard of the historic bluestone prison, across from Palace Cinemas and BrewDog. T16, Ground Floor/1 Champ St, Coburg; koitoy.com.au

CBD icon Florentino is in the hands of its new owners, the group behind Reine & La Rue. While the updates to Florentino Dining Room and Cellar Bar are currently gentle, Grossi Grill has relaunched as Tuscan-inspired grill Café Florentino, its original name back in 1928. 80 Bourke St, Melbourne; florentino.melbourne

A precinct is growing around Jonny’s Green Room this year, with three new venues popping up in the historic corner site recently anchored by beloved deli King & Godfree. Garfield, the first of the three, is now open beside Pidapipo, with the gelateria supplying its signature soft serves. The casual pizzeria is slinging slices both nostalgic and unexpected by culinary director Karen Martini and executive chef Mark Glenn (Cumulus Inc., Dinner by Heston), who will oversee the food at all the new venues. The project is being led by Jamie Valmorbida, the grandson of Carlo Valmorbida, who bought the original King & Godfree in the 1950s. 297 Lygon Street, Carlton; garfieldpizzeria.com

The five-venue collaboration between hospitality heavyweights The Mulberry Group (which first launched Top Paddock, The Kettle Black and Higher Ground) and Southbank’s Hannah St Hotel has been revealed. Signature ground-floor Coupette Corner Bistro & Bar offers a lavish fit-out by design darlings Flack Studio and all-day menu overflowing with classics. Hannah St Coffee does a brisk trade in takeaways, while lobby bar Bar Hannah is designed to linger longer over coffee or cocktails. Tucked away, Carriage Lounge is the more-intimate late-night space. Up on the 10th floor, The Terrace Lounge and its relaxed conservatory will soon be joined by Propeller, which will be led by a chef residency program. 90 Queens Bridge St, Southbank; hannahsthotel.com

Lune’s largest outpost is now open, with co-owners and siblings Kate and Cameron Reid revealing their eighth store, and a new production kitchen, underneath the Ritz-Carlton across from Southern Cross Station. The 418m2 Lune Lonsdale is dominated by the signature temperature-controlled glass cube, where pastry chefs perfect their cult croissants and seasonal specials. 670 Lonsdale St, Melbourne; lunecroissanterie.com

Yamagen has arrived at QT Melbourne. Modelled on the popular QT Gold Coast flagship, the Melbourne iteration offers elevated Japanese dishes rendered with Victorian produce by culinary director Adam Lane and head chef Yosuke Hatanaka; plus one of the city’s biggest collections of rare whisky. 6 Portland Lane, Melbourne; yamagenmelbourne.com.au

Etta restaurateur Hannah Green has finally opened hotly anticipated diner Daphne, with head chef Diana Desensi and former Etta front-of-house Pip Littore completing this elevated take on a neighbourhood public house. With a walk-in front bar and a bistro out back, choose from sophisticated snacks or larger plates from the Italian-leaning menu. On Fridays and Saturdays, a late-night supper offering will keep hungry revellers fuelled. 52-54 Lygon Street, Brunswick East; daphne.melbourne

The former home of legendary Gertrude Street cocktail bar The Everleigh has new tenants, with the trio behind Sleepy’s Cafe & Wine Bar in Carlton North opening cocktail bar Moondrop. Moondrop explores the same East-meets-West influence that the team’s cult cafe delivers, summoning a slice of old Shanghai on Gertrude Street. Level 1/150-156 Gertrude St, Fitzroy; moondrop.bar

One of Melbourne’s most striking rooftops is sporting an all-new look, with CBD hotel HYDE Melbourne Place revealing Cleo in the space formerly occupied by Mid Air. Twelve floors up, with an open-air terrace and covered dining room, Cleo delivers Eastern Mediterranean flavours, right through from breakfast to afternoon cocktails and nightcaps. Level 12 130 Russell St, Melbourne; hydehotels.com

A new dining option has prowled onto busy Koornang Road, with Tyga now humming. Restaurateur Tommy Tong, of Saigon Mamma and Fat Pho, enlisted Dinner by Heston alum Esca Khoo to craft a ‘neo-Southeast Asian’ menu, served in a riotously colourful space inspired by 1970s Bangkok. 91 Koornang Road, Carnegie; tyga.melbourne

Madame Brussels has exited the building, replaced by rooftop bar and izakaya, Disuko. The seventh venue from MAMAS Dining Group (Hochi Mama, Straight Outta Saigon, Windsor Wine Room, and more) has warm vinyl on the speakers, 1980s Tokyo-inspired decor, and bites off the hibachi grill. ​Level 3/59-63 Bourke St, Melbourne CBD; disuko.com.au

Hands Down in Fitzroy is a welcoming, relaxed spot in the former Bad Frankie space just off Smith Street, led by old hands from Pearl Diver, Bar Liberty, Above Board and more. The menu nods to the drinking cultures of France and Spain, with pastis swizzles, kalimotxos and 50-50 martinis poured alongside snacks like Gildas, Éspelette crisps and guindillas. 139-141 Greeves St, Fitzroy; handsdownmelbourne.com

NZ brand Rodd & Gunn has revealed a new Melbourne flagship at 280 Little Collins Street, transforming the former David Jones men’s store into a multi-level destination that blurs the lines between retail and hospitality. At basement level, The Cellar & Wine Bar offers an Italian bistro and wine retail experience, with bottles available to purchase and take home, alongside a wine list curated by New Zealand’s only Master Sommelier, Cameron Douglas. The space is also home to the Cocktail Laboratory, led by mixologist Matt Bax of Melbourne’s much-mourned Bar Americano. On the first floor of the four-storey behemoth, The Lodge Dining Room is an elegant destination for long lunches, while The Member’s Bar welcomes loyal customers and drop-ins alike to sip on weird and wonderful beverages alongside refined bar snacks. 280 Little Collins Street, Melbourne; roddandgunn.com/au

Boutique winemaker The Story Wines has opened an urban cellar door in Moorabbin. The intimate 20-seat space offers a behind-the-scenes glimpse into a Halliday five-star-rated winery, and tastings of wines crafted from parcels in the Grampians and other fine-wine regions. Simple antipasto platters are available to pair with your tasting, with regular food truck pop-ups promising more hearty fare. 47 Alex Avenue Moorabbin; thestory.com.au