Tuan Sing Holdings, a property developer and investment firm based in Singapore, has recently unveiled plans to reconstruct its mixed-use properties located at 121-131 Collins Street and 23-25 George Parade in Melbourne. The company’s subsidiary, Grand Hotel Group (GHG), has engaged Hong Kong-based urban design firm Urbis Ltd to submit a Town Planning Application to the City of Melbourne for the proposed works.
The properties currently house the popular 550-room Grand Hyatt Hotel and several retail outlets. In the reconstruction, the existing podium structure will be largely retained to allow tenants and the hotel to continue their operations without disruption. However, extensive modifications to the facade, refurbishment, and reconfiguration of spaces on levels 4 to 9B of the podium will be undertaken, as announced by Tuan Sing on Nov 14.
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Upon completion and upon receiving the necessary regulatory approvals, the site will span a total gross floor area of 909,550 sq ft and also introduce a luxury retail and F&B precinct. According to Tuan Sing’s CEO, William Liem, the redevelopment of this podium will redefine the concept of connectivity and activation at one of Melbourne’s most prominent intersections in the renowned Paris End. He further states that by adopting a sustainable approach, the transformation will serve as an architectural representation of the company’s environmental stewardship. By reimagining instead of rebuilding, the company aims to create a sustainable vision that supports a thriving and culturally vibrant city for many generations to come.
For those interested in investing in international properties, Tuan Sing offers projects available for sale around the world.