The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Interested in a Corporate TUD+ Membership? Access premium content, site tours, event discounts and networking opportunities
Interested in a Corporate Membership? Access exclusive member benefits today
Enquire NowEnquire
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailWed 07 Mar 18

Melbourne Quarter Tower Nears Completion

f3c18a7f-6038-466b-8b0f-b9579860ce0a

The first tower in Lendlease's Melbourne Quarter development has topped out, two months after the property giant was given the green light to develop their third and final tower in the $1.9 billion precinct.

One of seven commercial and residential buildings planned for the development, the building topped-out at 13-storeys and is on track for a September 2018 completion date.

The building is owned by the Lendlease-managed Australian Prime Property Fund Commercial and will accommodate 2,500 employees from AMP, Arup and Lendlease.

Lendlease signed a major tenancy agreement with wealth manager AMP in October. AMP will lease 9,720sq m of the 26,400sq m of available space in the 13-storey tower.

“The commitment from future tenants AMP, Arup and Lendlease plays an important role in shaping the precinct’s future corporate community and identity,” Lendlease managing director Mark Menhinnitt said.

The Melbourne Quarter precinct was awarded a 6 Star Green Star rating from the Green Building Council of Australia – the highest sustainability rating available in Australia.

Related reading: Lendlease Shakes Hands with Mitsubishi Estate to Deliver Melbourne Quarter

In addition to 130,000sq m of office area for more than 12,000 employees, Melbourne Quarter will deliver 1,690 apartments and 4,000sq m of retail space. More than 50 percent of the Melbourne Quarter precinct will be public space.

As One Melbourne Quarter reaches completion, Lendlease will now look to the construction progress of the development’s next addition, “Two Melbourne Quarter”, which received planning approval at the end of 2017.

Two Melbourne Quarter, a 25-storey office tower at 697 Collins Street, will feature 49,000sq m of total office space, sufficient to accommodate about 4,500 new workers and 800sq m of ground floor retail space.

RetailResidentialOfficeAustraliaMelbourneConstructionConstructionSector
ADVERTISEMENT
TOP STORIES
Anthony and Paul Mancini HERO TEMP
Exclusive

Adapt or Die: How Mancini Pulled Back from the Brink

Leon Della Bosca
8 Min
Elanor Investors Tweed Mall masterplan
Exclusive

Tweed Marks Time as $900m Mall Redevelopment Goes Quiet

Renee McKeown
6 Min
High-density residential construction in Melbourne
Exclusive

Stabilising Conditions in Melbourne Bring Hopes of Improved Feasibility

Leon Della Bosca
6 Min
QBCC project trust accounts hero
Exclusive

Developers Warned as Commission Cracks Down on Subbie Pay Scheme

Clare Burnett
7 Min
Urban Infill site at Tonsley SA
Exclusive

SA Grapples with ‘Development Killer’ Carparking Law Changes

Leon Della Bosca
7 Min
View All >
Balmain Leagues Club EDM
Residential

Perifa’s Ex-Balmain Leagues Plan Clears Final Hurdle

Clare Burnett
Anthony and Paul Mancini HERO TEMP
Exclusive

Adapt or Die: How Mancini Pulled Back from the Brink

Leon Della Bosca
Coliving Chippendale EDM
Residential

Plans for $31m Co-Living PBSA in Sydney CBD Revealed

Clare Burnett
As well as Buddhist student living plans, a 19th-century warehouse conversion has been proposed in the latest wave of co…
LATEST
Balmain Leagues Club EDM
Residential

Perifa’s Ex-Balmain Leagues Plan Clears Final Hurdle

Clare Burnett
3 Min
Anthony and Paul Mancini HERO TEMP
Exclusive

Adapt or Die: How Mancini Pulled Back from the Brink

Leon Della Bosca
8 Min
Coliving Chippendale EDM
Residential

Plans for $31m Co-Living PBSA in Sydney CBD Revealed

Clare Burnett
3 Min
GPT/QuadReal First Partnership EDM
Industrial

GPT, QuadReal’s $1bn Deal Joins Rush for Aussie Logistics

Clare Burnett
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/melbourne-quarter-tower-nears-completion-