Work has commenced on a new cutting-edge commercial office development which is set to be the Victorian home of one of the world’s most innovative technology companies, Amazon.
The $1.5 billion project at 555 Collins St will consist of two towers, a total of 84,000sqm of Premium Grade office space and over 2,300sqm of retail across two stages, featuring world-leading tech-enabled environments and health and wellness facilities.
Comprising 48,000sqm, the first tower is expected to create more than 1,500 jobs during construction and accommodate about 4,500 workers once built.
The tower will be anchored by global tech company Amazon, which last year announced that it will open a second fulfilment centre in Victoria to serve its retail customers and develop a new AWS cloud infrastructure region in the state, drawing on our highly skilled people, a culture of innovation and strong tech capabilities.
Adam Beavis, Managing Director, Managing Director Australia & New Zealand, Amazon Web Services, said that “we’re excited to be part of the reinvigoration of Melbourne CBD, by strengthening our local presence in the Victorian economy.”
“Melbourne has a rich community of innovators, and we are looking forward to bringing Amazon’s growing local workforce to 555 Collins Street so we can continue to invent and innovate on behalf of customers across our Amazon and AWS businesses in Australia.”
“555 Collins comes with a 6 Star Green rating and is constructed under a carbon neutral framework, which will contribute to helping us reach our goal of net zero carbon emissions by 2040,” Mr Beavis said.
The 555 Collins St project is the result of a collaboration between fund manager Charter Hall as the owner and developer, Cox Architecture, global design practice Gensler, and Lendlease Constructions.
It secured planning approval from the Victorian Government under its Building Recovery Taskforce in May 2020, which was established to identify and accelerate shovel-ready priority projects that will deliver short and long-term jobs and kickstart Victoria’s economy.
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