Shangri-La confirmed for Melbourne CBD development

Developer S. P. Setia Berhad Group and Shangri-La Hotels & Resorts have announced Shangri-La as the official hotel operator for the planned landmark luxury development in Melbourne’s CBD.

S. P. Setia Chairman, Tan Sri Dato’ Seri Dr Wan Mohd Zahid, and Shangri-La Asia Chief Executive Officer, Lim Beng Chee, formally confirmed the arrangement at a ceremony in Melbourne attended by international guests and media.

Located at 308 Exhibition Street, the Cox and Fender Katsalidis-designed two-tower development overlooking Melbourne’s World Heritage-listed Carlton Gardens is currently under consideration for planning approval.

Chee comments: “Shangri-La is privileged to be selected as the hotel operator for this world-class S. P. Setia development, which will be an architectural masterpiece and an iconic part of Melbourne’s skyline for decades to come. We look forward to bringing Shangri-La’s hallmark ‘hospitality from the heart’ to Melbourne, Australia’s event capital.”

When completed in 2022, the luxury five-star Shangri-La Hotel, Melbourne will feature an estimated 500 guestrooms with three levels of amenities, including a sky lobby, restaurants, spa, fitness centre, pool and a 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 is honoured to appoint Shangri-La, an iconic global brand that represents the highest standards of quality, as the hotel operator to this development,” Zahid adds. “Through the design and construction phases and for many decades to come as a luxury residence, retail and hotel precinct, the economic benefits of this project will be significant for Melbourne.”