|
|
 |
24 December 2007
Lend Lease Development secures development contract for new Myer Headquarters at Victoria Harbour, Melbourne
Lend Lease Corporation Limited (“Lend Lease”) today announced that its subsidiary, Lend Lease Development Pty Ltd (“Lend Lease Development”) has exchanged contracts with Myer Ltd and APPF Commercial, one of Lend Lease Investment Management’s wholesale property funds, for the development and sale of the new Myer Corporate Store Support Office.
Located at 800 Collins Street, Victoria Harbour, Melbourne, the building has a forecast value on completion of circa A$175 million. The development of the building will be managed by Lend Lease Development and Bovis Lend Lease will undertake the design and construction.
On completion, 800 Collins Street will be a brand new, “A-grade” environmentally-rated core asset occupying a prime Collins Street corner site in Victoria Harbour. It will provide a modern and high quality work place for Myer employees. The 14-level building will include ground floor retail, 10 large flexible office floors of nearly 3,000 square metres and associated car parks. It will be the sixth office building developed by Lend Lease development and constructed by Bovis Lend Lease within Victoria Harbour.media
|