Tuan Sing Holdings, a company listed on the Singapore stock exchange, has announced its plans to redevelop 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 Urbis Ltd, an urban design firm based in Hong Kong, 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 will mainly focus on modifying the façade, refurbishing extensively, and reconfiguring spaces in the property’s podium from levels 4 to 9B. This will allow the business operations for tenants and the Grand Hyatt Hotel to continue as usual.
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Once completed and subject to regulatory approvals, the site will have a total gross floor area of approximately 909,550 sq ft and will feature a new luxury retail and F&B precinct.
According to Tuan Sing, the CEO William Liem states 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 famous Paris End. He further adds that by adopting the right approach, this transformation can serve as an architectural statement of the company’s environmental stewardship. By reimagining the existing structure rather than rebuilding, Tuan Sing is pursuing an inherently sustainable vision that supports a thriving, connected, and culturally vibrant Melbourne for generations to come.