An AU$460 million (US$331 million), 12-story tower has started construction after its planning assessment was one of a handful of construction projects across Victoria to be fast-tracked by the state government. The building, located at 480 Swan Street and design by Architectus, will house the new headquarters for Australia Post in a modern, campus-style facility.
Australia Post became the primary tenant of the Swan Street location, after the proposal was approved in late 2020. The building will comprise 32,000 square meters over 12 levels, including 1,000 square meters of retail space on the ground floor. Architectus’ design brief stated the new tower would draw from the building façade typology of the local streetscape.
The postmaster will be leaving its longstanding national headquarters in Melbourne’s Bourke Street as the first major corporate tenant to defect from the CBD since the onset of the pandemic.
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