Icon Co commences construction on 600 Church Street
ICON Developments has partnered with builder Icon Co to commence construction on 600 Church Street, an eight-storey commercial office development in Cremorne designed by Wood Marsh.
The development was approved by VCAT in late April 2018 and shortly thereafter it was announced that Bayley Stuart Capital purchased the building off-the-plan for $50 million with vacant possession. ICON Developments expects 600 Church Street to further bolster the area which has become Melbourne’s hottest city fringe office market.
Companies 7-Eleven, Seek, MYOB and Reece Group have in recent times announced their intentions to relocate to Cremorne, reinforcing the area's reputation as a Silicon Valley of sorts.
600 Church Street will feature 5,264 square metres of office space across eight levels, topped off with a landscaped rooftop terrace. The development will also include 535 square metres of retail space, 71 car spaces, 100 bicycle parks and extensive end-of-trip facilities located within three levels of basement car parking.
According to ICON Developments the project, designed by architects Wood Marsh, will showcase the quality of commercial development that can be found outside of the CBD.
Cremorne continues to be a leading city fringe office market, making it an attractive location for tenants looking for new space outside the CBD. New developments like 600 Church Street will continue to open the area up to new occupiers looking for modern space.
Companies are continuing to be attracted to Cremorne given existing retail amenity, public transport infrastructure and some of Melbourne’s best cafes and restaurants.
We’re excited to start seeing the building take shape and lead the way for quality and design in city-fringe commercial development.
Brinn Tavener, ICON Developments senior development manager
Demolition commenced on site earlier this year with Icon Co providing a turnkey solution to construct the building before handover to Bayley Stuart Capital in late 2019.
600 Church Street will join a growing number of developments within Cremorne which will add to the character and mix of the area, these are highlighted in the map below. You can check these out in greater detail here.
