Singapore-based real estate developer and investment firm Tuan Sing Holdings has announced its plans to revamp its mixed-use properties at 121-131 Collins Street and 23-25 George Parade in Melbourne. The company’s subsidiary, Grand Hotel Group (GHG), has enlisted the help of Hong Kong’s urban design firm, Urbis Ltd, to submit a Town Planning Application to the City of Melbourne for the proposed works.
These properties currently house the renowned 550-room Grand Hyatt Hotel and several retail spaces. The majority of the existing podium structure will be retained during the reconstruction, allowing business operations for tenants and the Grand Hyatt Hotel to continue as usual.
The focus of the reconstruction will be on façade modifications, extensive refurbishment, and reconfiguration of spaces in the property’s podium from levels 4 to 9B, according to Tuan Sing’s announcement on November 14. Upon completion and subject to regulatory approvals, the site is expected to have a total gross floor area (GFA) of approximately 909,550 square feet and will introduce a new luxury retail and F&B precinct.
William Liem, CEO of Tuan Sing, states, “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.” He further adds, “With the right approach, this transformation can be an architectural statement of our environmental stewardship. By reimagining rather than rebuilding, we are pursuing a sustainable vision that supports a thriving, connected, and culturally vibrant Melbourne for generations to come.”
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