MELBOURNE, AUSTRALIA—Hong Kong-based Shangri-La Hotels and Resorts has been confirmed as the operator for a planned luxury development in this city’s CBD. The property is being developed by Malaysia-based S P Setia Bhd Group.
S P Setia chairman Tan Sri Dato’ Seri Dr Wan Mohd Zahid, and Shangri-La Asia CEO LIM Beng Chee formally confirmed the arrangement at a recent event here.
Located at 308 Exhibition St., 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’s completed in 2022, the five-star Shangri-La Hotel, Melbourne will include some 500 guestrooms with three levels of amenities, including a sky lobby, restaurants, spa, fitness center, pool and ballroom.
The second tower will include 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.
Shangri-La Asia’s CEO said, “We look forward to bringing Shangri-La’s hallmark ‘hospitality from the heart’ to Melbourne, Australia’s event capital.”
“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,” added Tan Sri Wan Zahid.
Shangri-La Hotels and Resorts currently operates more than 95 hotels in 22 countries and 73 destinations under the Shangri-La, Kerry, Hotel Jen and Traders brands.