12/10/2026
ADAPTIVE REUSE IS BECOMING A GENUINE DELIVERY PIPELINE IN MELBOURNE.
SP Setia’s approved $250 million conversion of the former Shangri-La hotel tower at 288–308 Exhibition Street into 393 apartments is a clear example of how existing assets are being repositioned for new demand.
It follows approval for the adaptive reuse of the heritage St Joseph’s orphanage in Surrey Hills, alongside the proposed conversion of a former Frankston rehabilitation hospital into a 60-bed aged care facility.
But retaining an existing building does not remove risk. It shifts the risk from approvals to the building itself.
Structural unknowns, existing services capacity, fire and compliance upgrades, latent conditions and staging works around live or adjoining uses can all materially affect cost, programme and feasibility.
Successful conversion requires more than a compelling end use. It demands early investigation, rigorous cost planning, coordinated design management, disciplined procurement and careful construction sequencing from concept through to completion.
At Jinton, our complete project lifecycle management approach brings clarity to complex repositioning and adaptive reuse projects. With more than $1 billion of projects delivered since 2000, we help owners and developers manage uncertainty while protecting the vision, value and long-term performance of the asset.
Considering a conversion or repositioning project? Talk to Jinton about how we can help orchestrate the opportunity from start to finish.
Illustrative AI concept image only. This is not a completed Jinton project.
