Singapore’s Tuan Sing Holdings, a listed property developer and investment firm, has revealed plans to revamp its mixed-use properties in Melbourne, located at 121-131 Collins Street and 23-25 George Parade.
Tuan Sing’s subsidiary, Grand Hotel Group (GHG), has enlisted the expertise of 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 house the 550-room Grand Hyatt Hotel and various retail spaces. The reconstruction project will retain much of the existing podium structure, allowing business operations for tenants and the Grand Hyatt Hotel to continue as usual.
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The focus of the project will be on façade modifications, extensive refurbishment, and reconfiguration of spaces in the property’s podium from levels 4 to 9B, as announced by Tuan Sing on Nov 14. Upon completion and subject to regulatory approvals, the site will cover a total gross floor area (GFA) of approximately 909,550 sq ft, introducing a new luxury retail and F&B precinct.
CEO of Tuan Sing, William Liem, is optimistic about the redevelopment, stating that it will redefine connectedness and activation at one of Melbourne’s most prominent intersections in the city’s historic Paris End. He also emphasizes the company’s commitment to environmental stewardship, stating that the transformation will be an architectural statement of their sustainable vision. By reimagining rather than rebuilding, Tuan Sing aims to support a thriving, connected, and culturally vibrant Melbourne for generations to come.