Hub Australia has continued to expand their co-working enterprise in Melbourne, securing a third site in the CBD.
The privately-owned co-working company has announced that it will open a third Melbourne facility in the historic Georges building in Melbourne’s Collins Street, occupying 3500sq m over the mezzanine ground level and levels two and three.
The news of Hub Australia’s third site acquisition comes a fortnight after the company announced their second Melbourne space in Nicholson Street in Melbourne’s CBD.
Related reading: The Humble Office Desk: 8 Classic Designs
Hub Australia contracted design firm Hassell to create the layout for their new co-working space, which will feature café, serviced meeting spaces, parents’ facilities, gym, end-of-trip with towel service, media room and wellness space, incorporated throughout the building’s historic design and finishes.
Hub Australia chief executive Brad Krauskopf said that the business community’s response to co-working has been “extraordinary”.
“We’ve seen growing businesses of all sizes move into Hub Southern Cross and the demand for space only continues to rise.” Hub chief executive Brad Krauskopf said.
Related reading: New Co-Working Spaces for Melbourne’s T&G Building
“The Australian co-working market is still emerging, compared to international locations, and there is huge potential in the sector, especially in Melbourne where traditional leases are becoming more expensive and businesses are actively seeking out flexibility and an inspiring place for their staff to work.”
The Georges Department Store, established by William and Arthur George, moved to 162 Collins Street in 1889 and quickly became a shopping destination for Melbourne’s elite. It was one of the first stores in Australia to introduce lifts and a cash discount system and the legacy of the store still remains after it ceased trading in 1995.
The co-working company’s Melbourne footprint will grow to over 10,000 square metres when their new space opens in mid-2018.