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OfficeTaryn ParisWed 29 May 24

Melbourne’s Dover Street Precinct Crystallises for Fortis

Melbourne’s newest city fringe office building has reached practical completion at Cremorne, where Fortis’s Dover Street precinct is taking shape.

Cremorne-based Cobild is putting the finishing touches on the eight-storey premium-grade commercial building at 65 Dover Street, while developer Fortis has secured planning approval for its $42-million office building at the neighbouring 85 Dover Street. 

About 90 per cent of the 9324sq m of commercial space at Sixty-Five Dover has been leased prior to completion with high-end amenities including a sauna in its end-of-trip facilities, a multipurpose court on its rooftop, production studio and carwash. 

Retail space at the base of the building will be occupied by anchor tenants including Adidas and cult bakery Baker Bleu.

Fortis general manager Tim Mills said the developer invested in the precincts surrounding its projects and the fabric of the community.

“The Dover Street precinct exemplifies our development philosophy, which is to expand our focus beyond each project to also add value to the entire precinct,” Mills said. 

“This creates a lifestyle hub [that] strengthens ties between each nearby project, while providing a boost to the local area.”

null
▲ High-end tenant amenities proved attractive with more than 90 per cent of the building leased ahead of completion at 65 Dover Street, Cremorne.

Co-working group The Commons will also take over two floors in the newly completed building at 65 Dover Street, around the corner from its current headquarters.

“We are always looking to expand our expertise, and we're excited to embark on a new chapter with Forum,” The Commons managing director Cliff Ho said.  

“We know that there is no one-size-fits-all solution, so in response to the growing demand for flexible workspaces, we've set out to create a brand that caters to a distinct audience seeking a luxurious workspace.”

Meanwhile, Fortis’s plans for 85 Dover Street are coming to fruition after winning approval for another eight-storey commercial building on the 641sq m site, just three months after filing plans with the council. 

It paid a reported $10.25 million for the 659.1sq m site last year. 

The Fieldwork-designed building would comprise 2800sq m of net lettable area. Construction is planned to commence later this year with completion slated for 2026. 

OfficeMelbourneDevelopmentReal EstatePlanningCompletionProject
AUTHOR
Taryn Paris
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Article originally posted at: https://theurbandeveloper.com/articles/fortis-cobild-dover-street-cremorne-melbourne