HYATT Regency Kuala Lumpur (KL) by KL Midtown Sdn Bhd is the latest milestone announced at KL Metropolis, further cementing its vision as the city’s next great neighbourhood and business address. A result of a strategic partnership between KL Midtown and Hyatt Hotel Management Ltd, Hyatt Regency KL is targeted to open in 2024.
The illustrious brand will be the hotel component of KL Midtown — a RM3.8 billion joint development between Hap Seng Consolidated Bhd and TTDI KL Metropolis Sdn Bhd, a subsidiary of Naza TTDI Sdn Bhd, the master planner for the 75.5-acre (30.6ha) KL Metropolis.
Located within KL Metropolis, KL Midtown spans 8.95 acres and will include a hotel, luxury residences and retail podium developed by KL Midtown — the 70:30 joint-venture company formed under a development rights agreement between Hap Seng and TTDI KL Metropolis in 2016.
When completed, the hotel will include four food and beverage destinations such as a market café, Japanese restaurant, bar, Regency Club and lobby bar. It will also incorporate 2,000 sq m of meeting space, including a 1,000 sq m grand ballroom, an outdoor swimming pool and a fitness centre.
As the first Hyatt Regency in KL, this luxurious hotel is designed by acclaimed Japanese architect Kengo Kuma, whose prestigious projects include the New National Stadium in Shinjuku City, Tokyo, where the upcoming 2020 Summer Olympics will be held; the Bamboo Wall House in China; LVMH Group’s Japan headquarters; and one of the largest space in the Caribbean for Mandarin Oriental Dellis Cay.
The signing ceremony, which was held at the Grand Hyatt KL, was done between Hap Seng Consolidated chairman Datuk Jorgen Bornhoft and Hyatt Hotel Corp Asia-Pacific president David Udell, witnessed by Naza TTDI deputy executive chairman Kengo Kuma and group MD SM Faliq SM Nasimuddin.
KL Metropolis is expected to play an important role as a key area of growth in the business tourism sector, especially in the Klang Valley.
As one of the most ambitious and transformative developments in the history of KL, the mega project combines residences, hotels, retail, entertainment attractions and offices spanning 75.5 acres, with a gross development value of RM20 billion.
Not only will KL Metropolis be a place to work, live and play, it will also be a new ecosystem to grow, connect and thrive.