S P Setia Breaks Ground on 500-Room Shangri-La Hotel Melbourne, Part of the $404 Million Mixed-Use CBD Development

S P Setia | October 16, 2018

AUSTRALIA, October 16, 2018 – On Monday, October 15, representatives of S P Setia, Multiplex, Shangri-La and the City of Melbourne gathered to break ground on what will become one of Melbourne's most iconic developments, Sapphire By The Gardens located at 308 Exhibition Street. Developed by S P Setia, the mixed-use project's western tower measures 62 stories and will host Melbourne's newest five-star hotel, Shangri-La Hotel, Melbourne. The eastern tower is 60 stories and will house over 300 luxury residential apartments. The two towers will be joined by a striking Sky Lounge on level 46 overlooking the UNESCO world heritage site, ...