Privately-owned co-working company Hub Australia has secured a new co-working site in one of Melbourne’s most historically significant buildings.
The company’s fifth co-working space will be located at 1 Nicholson Street in Melbourne’s CBD – a building better known as Melbourne’s first high-rise office tower. The tower was designed by Bates Smart in 1958.
The new site, Hub Parliament Station, will total 2,700sq m and feature Hassell-designed amenities including café, meeting spaces, gym, end-of-trip and parent’s facilities, media room, relaxation space and parking.
Hub Australia will occupy the tower’s three top levels.
"Hub Australia will continue to expand its reach as the Australia co-working market goes from strength to strength and more businesses learn the value of co-working,” Hub Australia chief executive Brad Krauskopf said.
The co-working sector has increased almost 300 per cent since 2013 and business is booming in Melbourne, which has attracted US giant WeWork and Spaces within the past few months.
Spaces, another co-working space provider, recently signed a 10-year lease in Collins Street’s T&G building at 161 Collins Street.
The workplace culture, driven by Millenials, shows no sign of slowing down either – Hub Australia will open a second Sydney location, Hub Hyde Park, in March and WeWork flagged that it was actively seeking out new Australian sites.
Hub Parliament Station is due to open in mid-2019.