Asia-based luxury hotel group Shangri-La has been appointed to head up a planned landmark luxury development in Melbourne’s CBD.
A two-tower development located at 308 Exhibition Street and overlooking Melbourne’s World Heritage-listed Carlton Gardens is currently under consideration for planning approval.
The luxury five-star Shangri-La Hotel, designed by Cox and Fender Katsalidis, was expected to reach completion in 2022 and 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.
S P Setia Chairman, 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 development opportunities, and sets a new benchmark for five-star luxury in Melbourne.
“We look forward to bringing Shangri-La’s hallmark ‘hospitality from the heart’ to Melbourne, Australia’s event capital,” Shangri-La Asia Chief Executive Officer Lim Beng Chee said.
Tan Sri Wan Zahid said through the design and construction phases and for many decades to come as a luxury residence, retail and hotel precinct, the economic benefits of the project will be significant for Melbourne.