Setia Highlights

Shangri-la confirmed for Planned Luxury Melbourne CBD Development
13 Jun 2017

S P Setia Berhad Group, the premier Malaysian property developer, and Shangri-La Hotels and Resorts, the leading Asia-based luxury hotel group,  today 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, Mr 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.

When it is completed in 2022, it is expected the luxury five-star Shangri-La Hotel, Melbourne will feature an estimated 500 guest rooms with three levels of amenities for guests to enjoy, including a sky lobby, restaurants, spa, fitness centre, pool and a state of the art 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.

Speaking at today's event in Melbourne, S P Setia Chairman, Tan Sri Dato' Seri Dr Wan Mohd Zahid said the appointment of Shangri-La supported the project's vision to deliver an iconic development that increases capacity, creates local economic development opportunities, and sets a new benchmark for five-star luxury in Melbourne.  

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