Indonesian developer Peak Tower Corp taps Marriott to run hotel at former Selegie Centre site
It plans to build an 8-storey hotel with 132 rooms, with a total gross floor area of 4,724.52 sq m
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PEAK Tower Corporation - which is backed by the Surabaya-based Anggasaputro family - has inked a 25-year contract with the Marriott hotel group to operate a 132-room hotel at the site of the former Selegie Centre after Peak Tower received the greenlight from the Urban Redevelopment Authority (URA) to develop a hotel on the plot of land.
The site was previously zoned for commercial and residential use with a plot ratio of 4.2, but has been rezoned for hotel use at a maximum permissible gross plot ratio of 4.2. An earlier application by the Indonesian developer to construct a hotel on the site and to change the use of the site was turned down by the URA in March 2019.
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