Tuan Sing Holdings, a property developer and investment company based in Singapore, has announced its 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 hired Hong Kong-based urban design firm Urbis Ltd to submit a Town Planning Application to the City of Melbourne for the proposed works.
Currently, the properties are home to the 550-room Grand Hyatt Hotel and various retail spaces. The reconstruction will focus on modifying the façade, conducting extensive refurbishment, and reconfiguring the spaces in the podium from levels 4 to 9B. This will allow business operations for tenants and the Grand Hyatt Hotel to continue as usual.
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The completed project, subject to regulatory approvals, will cover a total gross floor area (GFA) of approximately 909,550 sq ft and introduce a new luxury retail and F&B precinct. Tuan Sing’s CEO, William Liem, says that the redevelopment of the podium at 123 Collins Street will redefine connectedness and activation at one of the most prominent intersections in Melbourne’s renowned Paris End. He believes that by reimagining the existing structure rather than rebuilding it, the company can make a statement about its commitment to environmental sustainability. Through this transformation, they aim to support a thriving, connected, and culturally vibrant Melbourne for future generations.