The construction of a new office development in Brisbane, 100 Skyring is three months ahead of schedule, clearing the way for the building’s first tenants to move in from November this year.
Located in Newstead’s thriving Gasworks precinct, the $175 million, 12-storey, A-Grade office building will be the new national headquarters for anchor tenant BOQ, which has leased 54% of the space.
Developed by Charter Hall, Regional Asset Manager Belinda Kalinin said good planning by the Group’s in-house development services team and Hutchinson Builders, the appointed design and construct contractor, had helped push construction of 100 Skyring ahead of schedule.
Ms Kalinin said the building was attracting interest from companies looking for large, flexible floor plate office space in Brisbane’s near city market. She explained that 100 Skyring has been designed to deliver large 2,200sqm campus-style floor plates in Brisbane’s fastest growing office precinct, Gasworks. The precinct’s growing appeal as a centre for business and as a lifestyle and entertainment destination is expected to draw tenants to the building.
Jointly owned by Charter Hall’s Core Plus Office Fund and a global institutional partner, 100 Skyring is the latest major Brisbane office property investment by Charter Hall, which already owns Brisbane Square, 175 Eagle Street and 275 George Street.
Located only 1.7km from Brisbane’s CBD, 100 Skyring consists of 23,759sqm of office and retail space. The new office building is positioned at the gateway to the New Farm peninsula and faces the Gasworks iconic heritage Gasometer, which has been recently refurbished as the focal point of the precinct’s landscaped public plaza.
The area is already home to a range of organisations that have identified the benefits of a CBD fringe location, including Energex, Leighton Contractors, Bechtel, Virgin Airlines, AECOM, Macquarie Bank and Australian Agricultural Company.
Images: Charter Hall