The Flight Centre Travel Group (FLT) has confirmed that it will move its global headquarters to Anthony John Group’s Southpoint development in Brisbane’s South Bank.
The global leisure and corporate travel retailer has formally signed a 10-year lease agreement on more than 20,000sqm of A-grade commercial space at the South Bank site, which is due for completion in 2016.
The $590 million Southpoint development will include Brisbane’s second luxury boutique Emporium Hotel, restaurants, bars, a supermarket and convenience-based retail.
Located on Grey Street, between Vulture and Tribune Streets, Southpoint will also be one of the largest mixed-use, transport-oriented development (TOD) projects in Queensland.
“Our aim is to consolidate our Brisbane city head office operations, which are currently divided between leased properties at 545 Queen Street and 316 Adelaide Street,” Mrs Waters-Ryan said.
“Southpoint has great appeal from many perspectives and we look forward to relocating to our new corporate headquarters when our current leases expire in 2016.”
AJG Managing Director Tony John welcomed Flight Centre’s move and said that the development would provide an outstanding base for its employees.
“Employees will have a lifestyle hub on their doorstep, including arguably Brisbane best selection of fine dining options, a wide range of active and leisure activities, nearby tertiary education institutions, a renowned arts precinct and excellent public transport connections – all within Brisbane’s home of celebration and major festivals.”
AJG Chief Executive Officer Shane Bulloch said Flight Centre would be a great asset to Grey Street and would help to complete the “last piece of South Bank.”
“Flight Centre’s business is focused on recreation and lifestyle, which is a great fit for Southpoint and South Bank as a whole,” he said.