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Lendlease Wins Approval on $1bn Melbourne Quarter Tower

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Property giant Lendlease has been greenlit for its $1 billion Melbourne Quarter Tower on Collins Street, with plans to kick off construction later this year.

The Melbourne Quarter Tower is the third and largest commercial building of Lendleases $2.9 billion Melbourne Quarter precinct, pegged as the ‘commercial centrepiece’.

Lendlease had already received approval for the development, but upscaled plans from a 31-storey tower to 34 levels, newly approved by planning minister Richard Wynne this week.

The 34-level Woods Bagot-designed tower, which will deliver up to 70,000sq m of office space, will sit opposite Southern Cross Station.

Lendlease Urban Regeneration managing director John Burton said the tower will complete one of the precinct’s “hero spaces”, the Sky Park.

“And a new green public plaza on Collins Street — one of the largest public spaces to be delivered in central Melbourne in recent years,” Burton said.

Lendlease has been greenlit for its Melbourne Quarter Tower on Collins Street, construction will kick off later this year.
▲ Lendlease has been greenlit for its Melbourne Quarter Tower on Collins Street, construction will kick off later this year.


When complete, the Melbourne Quarter precinct will comprise up to 140,000sq m of commercial space for more than 14,000 employees.

International Workplace Group (IWG) will join the 25-level Two Melbourne Quarter commercial office tower once completed.

The building will target international standards in wellness and sustainability and include more than 7,000sq m of technology enabled green spaces and parks.

Lendleases engineering arm, which is up for sale, was this week awarded the $644 million contract to undertake major bulk earthworks at Western Sydney International Airport.

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Article originally posted at: https://theurbandeveloper.com/articles/lendlease-wins-approval-on-1bn-melbourne-quarter-tower