This article is from the Australian Property Journal archive
IMPACT Investment Group has appointed JLL to manage 25 King St, the world’s largest, by gross floor area, and Queensland’s first engineered timber office building.
Developed by LendLease, the building is due for completion in Q4 2018. It will be managed by JLL director and head of commercial management, Lydia King.
At a height of almost 45 metres, the ground plus nine-storey tower designed by architect Bates Smart will become the future home of global engineering firm Aurecon, which is also the project’s lead engineer. Aurecon has committed to 6,500 sqm on a 10-year lease. Aurecon was advised by JLL’s Michael Greene, while Lendlease was represented by JLL’s Adam Barrett and Sam Barr.
The tower uses a revolutionary building timber technology called cross laminated timber (CLT) and glulum (glue laminated timber) which has a structural strength akin to traditional concrete and steel. Constructed with wood, CLT has a far lower carbon footprint than other building materials, the production process produces zero waste, and timbers are sourced from certified sustainably managed forests
The building will be Lendlease’s fifth engineered timber building in Australia.
Australian Property Journal
