Co-working brand Spaces has secured 7,000sq m of space across two buildings within Lendlease’s Melbourne Quarter precinct as the growth of flexible working continues across Australia.
The move marks the fourth Spaces co-working centre in Victoria.
Spaces will occupy one floor at One Melbourne Quarter and more than 4,000sq m over two floors at Two Melbourne Quarter with more than 700 flexible workstations available when completed.
The co-working operator will move into One Melbourne Quarter in May, and Two Melbourne Quarter once it is complete mid-2020.
The Lendlease-managed Australian Prime Property Fund (APPF) Commercial owns One Melbourne Quarter and has a 50 per cent joint interest in Two Melbourne Quarter with First State Super.
Head of International Workplace Group (IWG), Spaces parent company, in Australia and New Zealand Damien Sheehan said Australia was in the midst of a “workspace revolution”.
“This year, the growth of flexible working is predicted to rise across Australia, as more office-based activity is demanding greater choice and flexibility in the workplace, for businesses, organisations and their employees.”
A recent CBRE report found Australia's flexible workspace industry occupies around 193,200sq m of space across six major capital cities.
The $2 billion Melbourne Quarter precinct, which spans 2.5 hectares, is also set to house AMP and EnergyAustralia, which will join Arup and Lendlease.
