Brookfield to build 29-storey office tower for Chevron Australia

WCN Editorial Team 7 May 2019 ASIA BUILDINGS

Developer Brookfield has been awarded a contract by Chevron Australia to build a 29-storey office tower built at Elizabeth Quay in Australia.

Located on the corner of The Esplanade and Barrack Street, the building will serve as Chevron Australia's headquarters. It will feature more than 54,000m² of office floor space and incorporates exhibition spaces, a lobby and conference facilities.

The lower levels of the building will comprise childcare and gymnasium space with retail tenancies and café/restaurants on the ground floor, to activate large areas of open plaza facing into Elizabeth Quay.

Expected to create 1,000 jobs during construction phase, the development is expected to maximise local development industry involvement including equipment and services.

Chevron has committed to lease approximately 78% of the tower as the anchor tenant for a 15-year period.
Construction on the tower is scheduled to commence in mid-2020 and is due for completion in 2023.

Western Australia premier Mark McGowan said: "Around 1,000 jobs will be created and local industry will benefit with a major flow-on of work through local contracts from this Brookfield development.

"Thousands of employees will be based at the headquarters, benefiting small businesses throughout the city, and activating Elizabeth Quay.

"We've been committed to making Elizabeth Quay a success, and this development will go a long way to making sure this waterfront asset is a feature of our city for decades."

Chevron Australia has received development approval for the site from the Metropolitan Redevelopment Authority in December 2018.

Western Australian Planning Minister Rita Saffioti said: "It is great to see the area taking shape with Far East Consortium's Towers development recently reaching practical completion and CA & Associates' EQ West development expected to commence works on their site later this year.

"Hundreds of millions of dollars of taxpayer's money was used to create Elizabeth Quay, and this Government is 100 per cent committed to making it work and becoming something all Western Australians can be proud of."

Image: The Chevron Australia's new towers will be located on the corner of The Esplanade and Barrack Street in Elizabeth Quay. Photo: courtesy of Government of Western Australia.

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