- Duta Grand Hyatt
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Duta Grand Hyatt General information Status On hold Type Hotel Location Jalan Sultan Ismail, central Kuala Lumpur, Malaysia. The Duta Grand Hyatt was to be a 52-storey hotel in Kuala Lumpur, Malaysia initiated during the 1990s. However, the project, which looks to be almost completed, was stalled due to the 1997 Asian Financial Crisis and remains abandoned ever since.
History
In 1994, the Hyatt Group awarded a contract to develop the RM570 million Duta Grand Hyatt project to Kuala Lumpur Landmark Sdn Bhd, a subsidiary of Olympia Industries Bhd. The holding company of Olympia, Mycom Bhd, then teamed up with Kuala Lumpur Landmark to develop the hotel, which was also meant to house Mycom's headquarters. The project was targeted for completion in 1997.
However, due to the 1997 Asian Financial Crisis, the Mycom group suffered financial difficulties, which led to the halting of construction in July 1998, and the project remains abandoned till-date.
Currently, Hyatt is no longer associated with the project.[1] Instead, Hyatt is currently developing another hotel, the 40-storey Grand Hyatt, on Jalan Pinang, close to the Kuala Lumpur Convention Centre.[2]
References
Skyscrapers in MalaysiaCompleted Alor Setar Tower · Berjaya Times Square · Dayabumi Complex · Empire Tower · Faber Towers · Komtar Tower · Kuala Lumpur Tower · Kerinchi Pylon · Maxis Tower · Menara Great Eastern · Maybank Tower · Menara Mesiniaga · Menara MBPJ · Menara Telekom · Millennium Tower · Pavilion Kuala Lumpur · Petronas Twin Towers · Tun Mustapha Tower · SUNTECH Tower · Wisma SanyanUnder construction Construction suspended Proposed Selangor Triple Towers · Warisan MerdekaDemolished 
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