A planning application is to be submitted to the City of Melbourne by Urbis – also a key player in the development of Queen’s Wharf in Brisbane – on behalf of Grand Hotel Group, a subsidiary of Tuan Sing Holdings.
Tuan Sing Holdings also owns what was the Hyatt Regency Perth, before the hotel was stripped of the brand at the end of August and now operates as Residence on Langley Park.
In Melbourne, the redevelopment of the Grand Hyatt block is intended to increase foot traffic and boost activity in the surrounding streets – Russell Street, Flinders Lane, and George Parade.
The work will see the introduction of a food and beverage and luxury retail precinct and an ‘enhanced hotel experience’.
The redevelopment focusses on the building’s podium – from level four in the basement to level 9B, which is the podium’s rooftop. The façade of the building is also set to be transformed.
The hotel will stay open throughout the redevelopment, with the transformation underpinned by ‘sustainable adaptive reuse’ and including extensive refurbishment alongside the reconfiguration of spaces.
“The vision for this project is to set a new benchmark for adaptive reuse in Melbourne,” said Tuan Sing CEO William Liem.
“The podium redevelopment at 123 Collins Street will redefine connectedness and activation at one of the most prominent intersections in Melbourne’s storied Paris End.
“We’re embracing the opportunity to extend the life of an iconic building while enriching the public realm through thoughtful design and sustainability.
“With the right approach, this transformation can be an architectural statement of our environmental stewardship.
“By reimagining rather than rebuilding, we’re pursuing an inherently sustainable vision that supports a thriving, connected and culturally vibrant Melbourne for generations to come,” he said.
Tuan Sing is based in Singapore.
