That's Built · Building report
Shangri-la Hotel
318 Exhibition Street, Melbourne VIC 3000
Generated 8 November 2026
Other · Unoccupied - Unused
—height
63floors
—completed
0businesses
0permits
Building team
- Architect
- Fender Katsalidis
- Architect
- Cox Architecture
- Builder
- Multiplex
- Building manager
- Shangri-La Hotels and Resorts
- Sales agent
- Colliers
- Sales agent
- Deloitte
Planning & subdivision
- Zone
- CCZ1
- Overlays
- DDO1, DDO10, DDO4, PO1
- Strata plan
- PS811190 · 1 lots
- Scores
- 🚆 8 · ☕ 7 · 🌳 8 · ✨ 6
Timeline
8 Oct 2026Hotel-to-apartment conversion approved
The Urban Developer reported that the Department of Transport and Planning approved the $250 million conversion of the hotel tower's cold shell into 393 apartments.
11 Aug 2026SP Setia applies to convert hotel tower into apartments
SP Setia submitted plans to convert the completed hotel tower into 393 apartments in place of the previously approved 500-room hotel, with planning documents saying repurposing avoids the impacts of demolition and new construction. The Urban Developer reported the proposal.
27 Jan 2026Hotel tower remains unfinished with no confirmed opening date
The Melburnian reported that the hotel component of the tower remained dark and unfinished more than three years after completion, with no visible activity on site and no opening date, and a company representative said there were no further updates.
2024First council census entry: unoccupied - unused, 64 floors
16 Aug 2023Twin towers reach practical completion
The Urban Developer reported that the $600 million twin towers at 308 Exhibition Street had reached practical completion, with the hotel tower described as the future home of Shangri-La.
15 Mar 2022Hotel tower offered for sale at about $500 million
S P Setia put the under-construction 500-room Shangri-La hotel up for sale at about $500 million through an invitation-only expression of interest campaign closing 28 April 2022, with Colliers and Deloitte reported as brokers.
15 Oct 2018Groundbreaking and $565 million build contract awarded to Multiplex
Representatives of S P Setia, Multiplex, Shangri-La and the City of Melbourne gathered on 15 October 2018 to mark the start of work on the site, with Multiplex holding a AUD565 million build contract.
12 Jun 2017Shangri-La selected as hotel operator and planning approval granted
S P Setia announced a partnership with Shangri-La Hotels and Resorts to operate a 500-room hotel in the twin-tower project, and planning approval was announced on 12 June 2017.
Building permits and certificates (0)
Each cost is the estimate on that record. Stages of a project often repeat its full value, so these don't add up to what was spent.
Questions and answers
Is Shangri-la Hotel residential or commercial?
Shangri-la Hotel is neither homes nor offices. The City of Melbourne lists its main use as unoccupied - unused.
How many floors does Shangri-la Hotel have?
Shangri-la Hotel has 63 floors above ground.
Who designed and built Shangri-la Hotel?
Cox Architecture designed Shangri-la Hotel and Multiplex built it. The building team section has the sources.
What public transport is near Shangri-la Hotel?
Parliament Station is the nearest train station, about 5 minutes' walk. The nearest tram stop is Victoria St/La Trobe St #9, about 1 minute's walk.
What is the planning zone for Shangri-la Hotel?
The site is in the Capital City Zone - Schedule 1 (CCZ1).
Does Shangri-la Hotel have an owners corporation?
Plan of subdivision PS811190 has 1 lot.
Sources: CLUE building information (CC BY 4.0); Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). General information from public records, not legal, financial or building advice.
