Target relocating headquarters to western Melbourne’s Williams Landing
Target Australia is moving its national headquarters to Williams Landing, a master planned development by Cedar Woods in western Melbourne.
Target has signed a 10-year agreement for lease with Cedar Woods for a 12,600 sqm office building over eight levels. The building will cater to 850 employees.
The building will be constructed by Hacer Group for $37 million plus GST, with work expected to begin next month and completion expected by the end of 2018.
Developed by Cedar Woods, Williams Landing is located at the gateway to the Melbourne western corridor. The development is designated as a Priority Development Zone by the Victorian government.
Located adjacent to the Williams Landing train station, it is an easy commute from the Melbourne CBD, Geelong and the western suburbs.
Cedar Woods chief operating officer Nathan Blackburne said Target’s move to Williams Landing represented a stimulus to Melbourne’s growing western corridor.
“Target’s move to Williams Landing signifies the increasing breadth and depth of economic activity occurring in Melbourne’s western growth corridor and reinforces Williams Landing’s appeal as an attractive and growing commercial centre,” Blackburne said.
Williams Landing has the potential to accommodate more than 13,000 jobs by 2031, according to an analysis by economists MacroPlan Dimasi.
“From a business perspective, the town centre has many great attributes. It is adjacent to the new train station and freeway interchange; it is affordable compared to city options; and it is set in a town centre environment with shopping, café and restaurants,” said Blackburne.
