The lease on 25 King Street covers 4,788 square metres across two floors in Australia’s largest and tallest engineered timber office building. The building features a combination of engineered cross laminated timber and glue laminated timber. This allows 25 King to achieve a more sustainable outcome from the use of engineered timber which has a lower carbon footprint than traditional building materials. Large glass areas on the building’s South elevation maximise natural daylight into the building.
25 King is a collaboration between Lendlease, Aurecon and architecture firm Bates Smart. The building has won several awards – Gold in Architectural (Commercial and Residential) from the Good Design Australia Awards 2019; as well as multiple awards in the Queensland Architecture Awards 2019 by AIA, including an Award for Interior Architecture, the Beatrice Hutton Award for Commercial Architecture and the Harry Marks Award for Sustainable Architecture.
25 King is part of the 22 Hectare Brisbane Showgrounds regeneration project, a collaboration between Lendlease and The Royal National Agricultural and Industrial Association of Queensland (RNA). It is 1.5km from Brisbane’s CBD, and will deliver new residential, commercial and retail buildings.
WeWork’s recent lease of 11,000 square metres across 10 floors of 320 Pitt Street Sydney represents its largest lease to date in Australia. In this location, WeWork will occupy the whole low-rise of 10 floors and will also have a self-contained exclusive ground floor entry.
320 Pitt Street, owned by ARA Australia, offers 28,862 square metres of large column-free floor plates across 29 storeys. Upgrades to the building include an architecturally designed entry statement, a light filled foyer, and new end of trip facilities. 320 Pitt Street has a 4.5 Star NABERS Energy rating
320 Pitt Street is located in Sydney’s Midtown precinct, the centre of Sydney’s commercial, retail, dining and entertainment precinct. Major urban projects are underway, including a new Pitt Street metro station 50 metres from the building, as well as a transformation of George Street to an efficient transport spine. The George Street revitalisation project seeks to create a pedestrian oriented green boulevard that connects 3 key squares - Circular Quay, Town Hall Square and Central Station. The project also includes a new 12km light rail line connecting Circular Quay to Randwick.
There are currently 15 open WeWork sites in Australia across Sydney, Melbourne and Brisbane. Its first Australian project, 5 Martin Place in Sydney, opened in 2016. Plans have been announced for upcoming sites, including a new site in Perth.
Spaces in Sydney include 8 open WeWork sites, as well as an upcoming site on 1 Sussex Street in Barangaroo, North Sydney. Other spaces for lease in Brisbane include 310 Edward Street in Brisbane’s CBD, as well as an upcoming space on 260 Queen Street.
Cover Image: 25 King Street (Photo: ArchDaily)