Australia Post is set to move out of its Bourke Street HQ, with a 35,000 square metre site on Swan Street to become its new head office.
The postal service will depart the CBD for a $450 million purpose-built space in Burnley to be developed by Charter Hall, its current lease at the Southern Cross West Tower to expire in 2024.
The location, at 480 Swan Street, was chosen over three competing proposals for office towers in the CBD, North Melbourne and Richmond.
The proposed 13-storey tower, designed by Cox, will be bordered by Burnley Street to the west and back onto Burnley Station, the facade having been designed to draw upon Swan Street’s heritage of industrial buildings.
Australia Post is the latest in a string of big businesses to move into the fringe suburb and tech hub, joining the likes of Seek.com.au, Uber, Domain and Tesla in taking up residence in Richmond and Cremorne.
Australia Post will be neighboured by Bunnings, which has also recently signed a lease at Growthpoint’s Botanicca office precinct at 570 Swan Street, which also houses the David Jones Group.
Lendlease, Probuild and Built are all expected to compete for the project.
Built, which has recently handed over the $150 million Seek headquarters in Cremorne, will likely tender for the latest addition to the burgeoning commercial precinct in Richmond.
Probuild, meanwhile, is competing for Stage 2 of the nearby Malt District mixed-use development in Cremorne after completing Stage 1, signalling the builder’s continued interest in the fringe suburb.
Probuild is also currently working on a number of high profile projects including the Elizabeth North precinct in Parkville, which will house the CSL headquarters.
Lendlease completed hand over of its $360 million Melbourne Connect build at the University of Melbourne, a mixed-use precinct comprising student accommodation, research facilities, retail spaces, a childcare centre and other amenities.
Image Source: Human Habitats
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