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An international technology company is relocating its headquarters from Perth to Adelaide’s Lot Fourteen innovation hub, joining the likes of Amazon and Google.
LVX Global, a technology solutions company managing public and private sector Smart City and automated buildings, will move its 20 Australian-based staff to the new headquarters in the Lot Fourteen precinct’s soon-to-be-completed Bice Building—and double its Adelaide-based workforce.
The heritage-listed Bice Building is the last of the pre-existing buildings to be refurbished, with work due to be finished in June ready for tenants in August, including LVX.
The refurbished interior and facade upgrade have retained the Edwardian-era building’s heritage while a public realm and glass canopy between the McEwin and Bice buildings offers a breakout space.
LVX Global chief executive Corey Gray said he was excited to return to Adelaide.
“After 11 years of our Australian headquarters in Sydney and then Perth, LVX Global has moved our HQ back to Adelaide where it all began for us 30 years ago,” Gray said.
“With a global team working across various locations, LVX has been able to assess the best location to grow our technology business.
“Considerations included key tech hubs such as Singapore, the Docklands in Ireland and Silicon Valley.”
Gray said the impressive transformation of the former Royal Adelaide Hospital into a world-leading innovation precinct had informed the decision to select Adelaide.
It is backed in a $551-million deal between all levels of government.
South Australian Premier Steven Marshall said LVX Global’s decision to move to Adelaide was a “big win” for the state.
“Firmly embedding its international HQ here ensures that the company’s future growth will be driven by the team based in South Australia,” he said.
“We’re excited that this is another step towards providing companies with the opportunity for co-location with like-minded business and hi-tech industry cluster collaboration at Lot Fourteen.”
