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Lendlease tops out $750M Melbourne commercial tower

Lendlease and the Charter Hall Group have celebrated a major construction milestone, as work on the Melbourne commercial building 130 Lonsdale Street tops out at 35 storeys.

Lendlease and the Charter Hall Group have celebrated a major construction milestone, as work on the Melbourne commercial building 130 Lonsdale Street tops out at 35 storeys.

The development is part of Charter Hall’s $1.2 billion Wesley Place precinct development, a 1.1-hectare site in Melbourne’s CBD.

The commercial building will include 60,000 square metres of premium grade office space across 35 storeys and four skyrise terraces.

Victorian Treasurer Tim Pallas attended the topping out ceremony and sad the development is indicative of the solid demand for office space in Melbourne’s CBD.

“This precinct shows how new development can be carefully designed to accommodate new office space while working in with historic city surrounds.” Pallas said.

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Charter Hall Regional Development Director Simon Stockfeld said the pouring of the last level signifies the completion of the external structure and the commencement of the internal fit out.

“This is an exciting step in the construction delivery and paired with the strong leasing results, with 130 Lonsdale Street fully pre-committed, the project is on program to complete mid-next year and begin welcoming tenants to the Wesley Place precinct,” Stockfield said.

“We are on track to achieve a 6-Star Green Star rating, a 5-Star NABERS rating and a Platinum WELL Certification at 130 Lonsdale. The technology-enabled building will provide a new standard of workplace for our innovative and industry-leading tenant customers.”

Lendlease General Manager Victoria Bill Alexandrakis said Wesley Place will be a catalyst for the reinvigoration of Melbourne’s CBD.

“The development will create a green urban environment that not only respects, but enhances the historic buildings and native heritage within the site,” he said.

Wesley Place will bring new life to the existing historical buildings, the immediate urban realm and connecting city context. Lendlease is proud to deliver the next chapter of this exciting precinct for Charter Hall.”

Charter Hall Managing Director and Group CEO David Harrison said as an integral part of the Wesley Place precinct, the topping out of 130 Lonsdale Street was an exciting milestone for the Wesley Place project.

“We are proud to see the transformative Wesley Place precinct taking shape within its prominent Lonsdale Street location,” he said.

“A destination for Melbourne’s modern workforce and setting a benchmark for Premium Grade workspace, 130 Lonsdale Street is already fully leased and has attracted a high calibre range of pre-commitment tenants including Australian Super, Vanguard, Cbus Super, Telstra Super, AFCA and UCA”

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