This article is from the Australian Property Journal archive
NATIONAL insurer Youi has unveiled its new $73 million Sunshine Coast headquarters building at the Sippy Downs technology precinct.
The completion of Stage 1 of the four level building provides the rapidly growing insurer with 12,500 sqm of high-tech office space and accommodation for up to 1,700 staff.
Youi CEO Frank Costigan said the new headquarter reinforces the company’s commitment to the Sunshine Coast, since it commenced its Australian operation with 30 staff in 2008.
“The Sippy Downs location places Youi in the heart of the rapidly developing technology precinct and in close proximity to the University of the Sunshine Coast that will enable us to partner with the University,” Costigan said.
“There’s enormous excitement among our 900 plus Sunshine Coast staff about the move into the new building that will see all staff transition out of the existing Youi offices on Lake Kawana at Birtinya before Christmas.
“Youi is proud to be an integral part of the Sunshine Coast community and our prominent building signage is able to display multi-colours showing support for local organisations, community events and seasonal themes,” he added.
Mayor Mark Jamieson congratulated Youi on the completion of its new global headquarters and said “Youi’s commitment to the Sunshine Coast was expected to inject $1.2 billion into the local economy over the next decade.”
“It really is a wonderful success story that is benefitting many thousands of locals.
“Youi has already made an enormous contribution to the Sunshine Coast and we thank them for their continuing confidence in our healthy, smart creative region.” Jamieson said.
Stage 2 of the project will see a 12,500 sqm wing added to the new headquarters, which will accommodate up to 3,000 staff.
Australian Property Journal
