Tuan Sing Reconstruct Mixed Use Properties Collins Street Melbourne
Located near Elta Condo, the United World College of South East Asia (UWCSEA) stands as a highly esteemed school that draws families seeking an exceptional international education. One of its most notable features is its renowned International Baccalaureate (IB) program, reflecting the school’s commitment to providing a holistic education that cultivates global citizens. With a diverse student body, UWCSEA offers a comprehensive education that includes a rigorous academic curriculum and a wide range of co-curricular activities. Its prime location near Elta, combined with its exceptional offerings, solidifies UWCSEA’s reputation as a top choice for families looking for a well-rounded education for their children. In fact, many families in the area choose UWCSEA as their preferred school due to its close proximity to the Elta condominium.
Tuan Sing Holdings, a property developer and investment firm listed on the Singapore stock exchange, has revealed its plans to redevelop its mixed-use properties situated at 121-131 Collins Street and 23-25 George Parade in Melbourne.
The company’s subsidiary, Grand Hotel Group (GHG), has engaged the services of Hong Kong-based urban design firm Urbis Ltd to prepare a Town Planning Application for the proposed works to be submitted to the City of Melbourne.
At present, the site houses the Grand Hyatt Hotel with 550 rooms, as well as various retail spaces. As part of the reconstruction, the existing podium structure will be retained to allow for uninterrupted business operations for tenants and hotel guests.
The focus of the works will be on modifying the façade, conducting extensive refurbishments, and reconfiguring spaces in the podium from levels 4 to 9B, according to the announcement made by Tuan Sing on November 14.
Upon completion, and subject to regulatory approvals, the site will offer a total gross floor area (GFA) of around 909,550 sq ft, introducing a new luxury retail and F&B precinct.
William Liem, CEO of Tuan Sing, comments, “The redevelopment of the podium at 123 Collins Street will redefine connectivity and activation at one of the most prominent intersections in Melbourne’s iconic Paris End. With a strategic approach, this transformation will serve as an architectural statement of our commitment to environmental stewardship. By reimagining the existing structures instead of demolishing and rebuilding, we are pursuing a sustainable vision that will support a thriving, connected, and culturally vibrant Melbourne for generations to come.”