Charter Hall & Flagship announce Melbourne Docklands venture

Monday, 5 November 2012

In their first joint venture, Charter Hall and Flagship Property Holdings today revealed plans for the launch of 685 La Trobe Street, Melbourne.

685 LaTrobe Street - Charter Hall and Flagship Property

Situated on the last remaining office development site available in the Dockland’s Stadium Precinct, the 12-storey office building has received development approval and is designed by award winning architects Bates Smart

The highly efficient, 37,000sqm A-grade office building boasts 3,300sqm floor plates, the largest of any readily available office building in Docklands.

The signature feature of 685 La Trobe is its butterfly-shaped design which creates two landscaped plazas, two generous wings of office space and a large central hub space that unites the building.

Some of the many benefits of Bates Smart’s plan are the large, efficient floor plates which can be divisible into neighbourhood working areas as typified in activity-based workspaces, to encourage collaboration and productivity. There is also increased access to natural light across each floor and an increase in the number of highly sought after corners – eight rather than the standard four.

“Once upon a time these areas were dedicated to the exclusive use of senior management, but an emerging workplace trend sees these spaces being handed over to staff. 685 really captures that movement with a multitude of dedicated communal hubs on each floor encouraging connectivity,” said Tim Leslie, Bates Smart Associate Director.

685 LaTrobe Street - Charter Hall and Flagship Property

“The floor plates we’ve designed are also flexible enough to incorporate interconnecting stairs to further visually integrate workspaces for a more productive team environment,” he added.

A dramatic entry lobby on La Trobe Street creates an impressive design centrepiece. The double height La Trobe Street entry creates a stunning welcome thanks to beautifully sculpted blackbutt timber ceiling, flanked on either side by a vaulted ceiling that leads to the terrazzo tiled lift lobbies.

The centrepiece of the lobby is the broad cascading bluestone steps that link the two landscaped entry plazas. An archipelago of green planter boxes and clustered timber seating at each of the building’s main entrances on La Trobe Street and the Etihad Stadium concourse provides a communal outside area – cleverly extending the hub spaces outside the interior of the building.

The building’s façade makes clever use of different glass textures and finishes, with flashes of brushed aluminium vertical spandrels providing a clever contrast.

“The building’s ground plane facade overlooks the landscaped entry plaza and features a checker board pattern of texturised reflective glass inlays. Meanwhile, the upper façade features a very subtle drifting pattern that draws the eye to the building’s entrance. From different vantage points, the façade will create moments of beauty. And of an evening, it will be lit like a lantern with a soft silvery glow,” said Leslie.

Located only 500m from Southern Cross Station, 685 La Trobe is directly linked to Melbourne’s major transport hub via the Etihad Stadium Concourse, as well as having a tram stop at its doorstep on La Trobe Street.

A 1,100sqm retail space at ground floor is expected to attract strong interest from potential food and beverage tenants, providing even greater amenity and activation to the popular stadium precinct.

The building has been designed to meet 5 star Green Star and 5 star NABERS Energy ratings and comprises 137 car spaces, a dedicated mezzanine for 250 bicycles and associated change facilities with potential for a bike retail facility adjacent to the bike storage and end-of-trip facilities.

“685 La Trobe is new generation Melbourne; it grabs the DNA of the city and brings it to Docklands. As the last office development to be built in the Stadium Precinct, it offers the best northern light, the best transport access and it’s close to everything,” said Chris Chapple, Head of Development Services at Charter Hall.

685 LaTrobe Street - Charter Hall and Flagship Property

Steve Wise, Director of Flagship Property Holdings concurs, “685 La Trobe Street reflects the very best of commercial design that creates flexible work environments with great amenity for the people that will work there.”

For further information regarding 685 La Trobe Street, visit www.685latrobe.com.au.

ENDS

For further information, contact:

Stephanie Pajic
Undertow Media
Tel: 0416 013 508
stephanie@undertowmedia.com.

Amanda Graham
Undertow Media
Tel: 0409 359 417
amanda@undertowmedia.com.

About Charter Hall Group:

Charter Hall Group (ASX:CHC) is one of Australia’s leading fully integrated property groups, with over 20 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has circa $9 billion of funds under management across the office, retail, industrial and residential sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.

The Group’s success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.

About Flagship Property Holdings:

Flagship Property Holdings Pty Ltd (“Flagship”) was established in 2008 with a portfolio of property development assets. The shareholders of Flagship comprise SNZ Pty Limited, Plenary Group Pty Ltd, Premier Capital Developments Pty Ltd and Grant Samuel Investments Pty Limited.

Flagship brings together companies and individuals with an extensive track record in the creation and delivery of major property assets and developments. The office and production studios at 8 Central Avenue, Eveleigh and the Hilton Melbourne South Wharf reflects the complexity and quality of project that Flagship delivers.