S P Setia Berhad Group, the premier Malaysian property developer, and Shangri-La Hotels and Resorts 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.  

Shangri-La Asia’s Chief Executive Officer Mr LIM Beng Chee said, “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.” 

Tan Sri Wan Zahid added that “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. 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.”