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Devine Ltd
has teamed up with
Marquette Properties
to develop a 20-storey office tower on the corner of Albert and Margaret Streets.
Designed by
Donovan Hill
and
BVN Architecture
, the tower will accommodate around 18,000m2 of office space, a ground level supermarket, ground level cafe and bicycle facilities.
There is a proposed ‘bike floor’ which will be able to store up to 400 bike racks, 600 lockers and around 40 showers while also including a bike ramp up to the second level.
The proposal still requires pre-commitments however the developers will be targeting the expanding energy and mining sectors which have a fairly large presence in this quarter of the CBD.
Devine’s decision to team up with Marquette Properties is in line with Devine’s strategy to focus more on the residential market.
Marquette Properties is the developer behind AM60, a newly completed $180 million dollar commercial building located across the road from AM30.
AM30 is also situated directly across from the planned Albert Street
Cross River Rail station.
