National property fund manager Primewest is pushing ahead with its $100 million Master Plan for the City of Joondalup with plans unveiled for a 12,000 square metre office building and associated parking for 150 vehicles.
Primewest has released plans for a new 12,000 square metre office building in Joondalup as part of its 1.2-hectare commercial redevelopment of the area.
The environmentally-friendly project is now seeking interest from prospective tenants and is the second development in the fund manager's $100 million master plan.
It follows the successful delivery of the company’s 10,000 square metre, Stage 1 office building which opened in February 2019 with Department of Water and Department of Environmental Regulation as anchor tenants.
At a glance:
The "Prime House" first stage building was the first office building in WA to achieve 6 Star NABERS Energy accreditation and like the building proposed for Stage 2, has a 5 Star, Greenstar environmental rating.
Primewest Managing Director David Schwartz said the company had been a long-term investor in the City of Joondalup and had a vision to help create a vibrant and active precinct which featured various asset classes and a new public open space that would enhance Joondalup city centre and encourage further development in the area.
“It has long been Primewest’s aim to create a central business hub for Joondalup and with our landmark site opposite the Joondalup Health Campus we are well on our way to achieving that,” he said.
“Ideally we want to provide the accommodation of choice for prospective tenants wishing to locate within the growing Joondalup city centre.”
Joondalup Mayor Albert Jacob said the City was excited by the Primewest proposal and was looking forward to the lodgement of the development application.
Primewest Managing Director David Schwartz. Source: Primewest
“As the commercial, civic and cultural City Centre of Perth’s northern growth corridor, one of Australia’s fastest growing regions, the City of Joondalup embraces quality development,” he said.
“The neighbouring Primewest development which houses the Department of Water and Environment Regulation has helped to create opportunities for people living in the northern suburbs to work closer to home as well as enhancing the vitality and vibrancy of the Joondalup City Centre.
“We look forward to this proposed development achieving similar outcomes by vastly increasing the number of people who visit Joondalup for work, retail and commercial purposes.
“Our City Centre has seen massive growth and change over the past two decades and work is ongoing to attract investment and development so that Joondalup will realise its potential of being a vibrant CBD that is attractive for visitors, businesses and residents.”
The Primewest office hub is conveniently located directly opposite the Joondalup Health Campus that is due to commence a $254 million expansion in 2020.
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