This article is from the Australian Property Journal archive
THE Work Project is set to become the workspace provider for the Quay Quarter Tower, marking the international group’s first move into Australia.
The 33 Alfred Street tower, which is jointly owned by AMP Capital Wholesale Office Fund (AWOF) and Dexus Wholesale Property Fund (DWPF), will see The Work Project (TWP) managing more than 4,300sqm of flexible workspace across levels two and three at the new Sydney CBD landmark.
“I am thrilled that TWP has chosen to make Quay Quarter Tower their home in Australia. The revolutionary design of Quay Quarter Tower makes this space highly sought after for both domestic and international clients,” said Christina Malcolm, leasing director at AMP Capital.
AMP Capital selected the award winning flexible workspace provider, which currently boasts 10 locations across Singapore and Hong Kong, to collaborated on the design and fit out of the space following an international search.
“As a new entrant in the Australian market, TWP is a leading, premium-service workspace provider and Quay Quarter Tower offers a flexible workspace location with world-class facilities and sustainability features,” added Malcolm.
The tower is part of the larger Quay Quarter Sydney precinct development which spans two city blocks and includes the mixed-use residential and retail precinct, Quay Quarter Lanes.
With works at 33 Alfred Street, which will be delivered by Built, to see the most significant refurbishment of the site in its 60 year history, with upgrades to the building’s services and sustainability features while maintaining the original character and key design elements of the site.
“We are pleased to announce this management deal, which is the first of its kind for a landmark office tower in Australia. It’s a game changing partnership that enables operator and landlord to collaborate closer than ever before, and together create first-class space solutions for the entire precinct,” said Junny Lee, CEO at TWP.
Quay Quarter Tower has now reached completion of its first stage and is currently 89% pre-committed across its 88,000sqm, including Corrs Chambers Westgarth committing to about 8,000sqm at the site in January.
“Quay Quarter Tower is the perfect fit for TWP, since we are focused on design excellence and on creating a platform where occupiers can do their best work. As a co-working business, we prioritise the delivery of robust technology and a well-connected workplace with exceptional facilities for our employees and clients,” concluded Lee.
While Quay Quarter Lanes is now open, Quay Quarter Tower is scheduled to see its first occupants move in this month.
