Lendlease and Charter Hall Group have partnered with the Australian Federal Police (AFP) to deliver a new $300 million building for its Melbourne State Office (MSO).
The AFP will be the sole tenant of Charter Hall’s 140 Lonsdale Street development, on a 30-year lease term with multiple options.
The building will provide more than 560 AFP officers and employees with an operations facility in the centre of Melbourne’s CBD.
It is part of Charter Hall’s $1.3 billion Wesley Place precinct and will include 22,750 square kilometres of net lettable area across 20 levels.
Charter Hall Managing Director and Group CEO David Harrison said securing a long-term lease with the AFP, is an extension of the company’s commitment to work with government and corporate tenant customers to create their vision of an optimal workplace environment for their people.
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“We have worked closely with the AFP, to design a bespoke property solution that will enable and support the AFP’s important work around national security, counter terrorism and continuing to make Australia a safer place,” Harrison said.
“As well as ensuring the AFP have the highest quality fit-for-purpose headquarters, the long-term lease will further strengthen the $3 billion Charter Hall Office Trust (CHOT) portfolio of prime CBD assets.”
Charter Hall’s Regional Development Director Simon Stockfeld said receiving Parliamentary approval for the AFP’s lease at 140 Lonsdale Street is an important milestone for the project.
“We have worked collaboratively with the AFP to design its new purpose-built MSO, and we are looking forward to delivering one of the most advanced buildings in Melbourne that will integrate seamlessly into the wider Wesley Place precinct,” he said.
The AFP amendments to the office tower are currently before Victoria’s Planning Minister Richard Wynne for approval.
Construction works are expected to begin soon, with completion anticipated in late 2022. Lendlease and Charter Hall are aiming to reach a 5 Star Green Star and 5 Star NABERS energy ratings.