Shangri-La confirmed for planned luxury Melbourne CBD development
S P Setia Chairman, Tan Sri Dato’ Seri Dr Wan Mohd Zahid, and Shangri-La Asia CEO, Mr Lim Beng Chee, formally confirmed the arrangement at a ceremony in Melbourne attended by international guests and media.
Located at 308 Exhibition Street, the Cox and Fender Katsalidis-designed two-tower development overlooking Melbourne’s World Heritage-listed Carlton Gardens is currently under consideration for planning approval.
When it is completed in 2022, it is expected the luxury five-star Shangri-La Hotel, Melbourne will feature an estimated 500 guest rooms with three levels of amenities for guests to enjoy, including a sky lobby, restaurants, spa, fitness centre, pool and a state-of-the-art ballroom.
The second tower will include some 300 luxury residential apartments as well as office space. A sky bridge will connect the two towers, and retail space will occupy the lower levels of the development.
Speaking at today’s event in Melbourne, Tan Sri Dato’ Seri Dr Wan Mohd Zahid said the appointment of Shangri-La supported the project’s vision to deliver a development that increases capacity, creates local economic opportunities, and sets a new benchmark for five-star luxury in Melbourne.
Shangri-La Asia’s CEO Mr Lim Beng Chee said, “Shangri-La is privileged to be selected as the hotel operator for this world-class S P Setia development, which will be an architectural masterpiece and an iconic part of Melbourne’s skyline for decades to come. We look forward to bringing Shangri-La’s hallmark ‘hospitality from the heart’ to Melbourne, Australia’s event capital.”
Tan Sri Wan Zahid added that “S P Setia is honoured to appoint Shangri-La, an iconic global brand that represents the highest standards of quality, as the hotel operator to this development. Through the design and construction phases and for many decades to come as a luxury residence, retail and hotel precinct, the economic benefits of this project will be significant for Melbourne.”