Columns
10 years on Image

10 years on

Alma Doepel refit well underway
Read more >>

Away from the desk Image

Away from the desk

The little bent tree
Read more >>

Chamber update Image

Chamber update

School holiday fun
Read more >>

Docklander Image

Docklander

Dan’s a community man
Read more >>

Fashion Image

Fashion

Top five street style trends
Read more >>

Health and Wellbeing Image

Health and Wellbeing

Modern approach to musculoskeletal pain
Read more >>

Letters Image

Letters

Tram no Metro - Bike danger
Read more >>

New Businesses Image

New Businesses

Tony’s back in business
Read more >>

Owners Corporation Law Image

Owners Corporation Law

Take more care with your insurance
Read more >>

Pets Corner Image

Pets Corner

Best of friends
Read more >>

Precinct Perspectives

My view of Docklands; from NewQuay
Read more >>

SkyPad Living Image

SkyPad Living

Sharing our vertical commons
Read more >>

Street Art Image

Street Art

Goodbye from Blender Studios
Read more >>

The District

A reading room for our community
Read more >>

We Live Here Image

We Live Here

A Royal Commission into industry scandals
Read more >>

Mirvac to start on Docklands commercial development

30 Jul 2013

Mirvac to start on Docklands commercial development Image

Yarra’s Edge developer Mirvac has moved into the realm of Docklands commercial development.

The developer, which thus far has focused on residential towers along Yarra’s Edge, will start work on a new office building in Bourke St this month.

The building, at 699 Bourke St, is set to become AGL’s new Melbourne headquarters and will sit on an elevated platform above Southern Cross Station.  

The gas and electricity company has agreed to an initial 10-year lease to occupy 15,000 sqm of the 19,000 sqm available.

According to Mirvac senior development manager Brett Howlett, early site works started in July, with construction due to start this month.

The unique location of the site requires an innovative construction program.

Cranes will be mounted on a protective gantry and will lift items from the median strip below on Wurundjeri Way.

The gantry will protect cars travelling along Wurundjeri way.

Mr Howlett said construction of the building was expected to take around 18 months.

The 6300 sqm platform that the building will sit on also has a planning permit for second building at 664 Collins St.

Mr Howlett said Mirvac was currently “sourcing future opportunities” for the site and that work on this development would be subject to securing an anchor tenant.

He said the building was in the market for a tenant of up to 30,000 sqm.

The platform site was originally purchased for $30 million by Mirvac in 2007 in a joint venture with Australian Super, with plans to complete 664 Collins St before mid-2010.

Mr Howlett said the development had been delayed by the global financial crisis, which had meant most corporations weren’t looking for new offices.

He said Australian Super no longer had an interest in the project.

Mirvac’s move into commercial development in Docklands will mean more competition amongst local developers.

Walker Corporation is still working to secure anchor tenants for three of the five towers in its Collins Square development.  

At the other end of Docklands, Digital Harbour Holdings is yet to announce an anchor tenant for its 23-storey office tower on LaTrobe St, which was approved by Planning Minister Matthew Guy in June.

Share on Facebook

Stay in touch with Docklands. Subscribe to FREE monthly e-Newspaper.

You must be registered with Docklands News to be able to post comments.
To register, please click here.

Docklands is Beautiful