The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
20 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE MORE THAN 500 ALREADY ATTENDING
20 DAYS UNTIL OUR FLAGSHIP CONFERENCE 500+ ALREADY ATTENDING
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
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
Life SciencesClare BurnettSun 24 Nov 24

WA Plots Life Sciences Revamp for Perth Heritage Site

Murray St Innovation hub EDM

A Perth heritage building is in line for a new lease on life after the WA Government said it would spend $15 million to transform it into an “innovation hub”. 

The building at 128-132 Murray Street in the WA capital’s CBD is home to a heritage-listed utilities building that will be adaptively reused for the life sciences project. 

The Murray Street hub will be “a central city space for collaboration, research and development” in the medical space, according to the state.

It will link to such facilities as the East Metropolitan Health Service Innovation Hub, QEII medical research precinct and the biomedical industry precinct at Floreat.

Tenders have been called for a builder to redevelop the site, which has a long and varied history.

According to the State Heritage Office, a three-storey building was built on the site for Robertson and Moffatt, a house furniture warehouse, in 1895, which was replaced by the offices of the City of Perth Electrical and Gas Department in 1927.

It received a facade revamp in 2017, but has been underutilised since. 

null
▲ Murray Street was established as one of the main streets of Perth from the time of colonisation in 1829. 

The WA Government is funding the project via its Future Health Research and Innovation (FHRI) Fund, established in 2020 and which has sinced awarded $185 million in grants to 627 recipients to support health and medical research and innovation. 

The state has supported several innovation hubs that offer collaborative facilities, including a data science, life sciences and greentech hubs. 

Meanwhile, the WA Government has also released 11 industrial lots as part of its efforts to create new employment opportunities in Perth’s north-west corridor. 

DevelopmentWA wass releasing parcels of land ranging from 2817sq m to 7233sq m for industries including warehousing and logistics, construction, mining and engineering, it said. A further seven lots would be released, subject to demand.

“This release at Meridian Park represents an important opportunity to attract new businesses, diversify the WA economy and support local enterprises in Perth’s northern suburbs,” WA Lands Minister John Carey said.

Life sciences has been tipped as a major growth area across the country—Kurraba Group’s proposal for a $490-million precinct in Sydney is a sign of things to come as governments and investors throw their weight behind the sector.

IndustrialLife SciencesInfrastructureHealthcarePerthDevelopmentPlanningTechnologyReal EstateGovernmentFinancePlanningProject
AUTHOR
Clare Burnett
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
View All >
Singapore-based Roxy Pacific has sold Melbourne House for $23 million to a Sydney-based investor, less than what it paid for the Little Bourke Street asset in 2018.
Hotel

Sydney Investor Pays $40m for Melbourne CBD Asset

Marisa Wikramanayake
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
Broadbeach 5Point DA OBR108 hero
Development

New Tower Plans Pitched for Broadbeach Strip

Phil Bartsch
The Cottee Parker-designed scheme includes 37 high-end apartments with the tower topped by three full-floor sub-penthous…
LATEST
Singapore-based Roxy Pacific has sold Melbourne House for $23 million to a Sydney-based investor, less than what it paid for the Little Bourke Street asset in 2018.
Hotel

Sydney Investor Pays $40m for Melbourne CBD Asset

Marisa Wikramanayake
2 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Broadbeach 5Point DA OBR108 hero
Development

New Tower Plans Pitched for Broadbeach Strip

Phil Bartsch
2 Min
Villawood Club Redstone
Community

Villawood Breaks Ground on $18m Sunbury Redstone Club

Leon Della Bosca
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/murray-street-perth-innovation-hub-government