Grand Hotel Group, a subsidiary of Tuan Sing Holdings, has lodged plans to redevelop 123 Collins Street – home of the 550-room Grand Hyatt Melbourne.
The town planning application proposes a major mixed-use redevelopment of its properties at 121-131 Collins Street and 23-25 George Parade, comprising “modern, luxury multi-level retail and enhanced hotel experience” and transformation of the property’s podium (from basement to rooftop) into a luxury retail and F&B precinct.
“The vision for this project is to set a new benchmark for adaptive reuse in Melbourne,” said Tuan Sing Chief Executive Officer, William Liem.
“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.
“We’re embracing the opportunity to extend the life of an iconic building while enriching the public realm through thoughtful design and sustainability.”
The renovation will focus on adaptive reuse, including façade modifications to enhance the streetscape, extensive refurbishment, and reconfiguration of spaces.
“With the right approach, this transformation can be an architectural statement of our environmental stewardship,” Liem said.
“By reimagining rather than rebuilding, we’re pursuing an inherently sustainable vision that supports a thriving, connected, and culturally vibrant Melbourne for generations to come.”
The proposed redevelopment aims to retain much of the existing podium structure, allowing hotel operations to continue throughout construction.
Upon completion of the redevelopment works, the site is expected to span approximately 84,500 square meters in total Gross Floor Area.