AXA Investment Managers

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Melbourne's landmark 101 Collins Street, is about to undergo a luxury overhaul under the design of commercial architect Gray Puksand (Australia Post Tower, Urbis). AXA Investment Group recently announced the development of a state-of-the-art wellness centre within the tower, which could likely become the largest health and wellness facility in the city – raising the bar for the tower's competitors. 

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“We set the benchmark for premium workplaces in Australia. At the same time, we’re constantly evolving to meet the needs of our customers.”

-  101 Collins website
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Two studios will be equipped to facilitate the practice of yoga, Pilates, barre, meditation HIIT and cardio-based classes. The spaces will also feature sprung floors and heated ceiling panels for the comfort of users. Three specialist consultation rooms are also on the cards, offering physiotherapy, osteopathy, chiropractic and remedial massage.

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“For almost three decades, 101 Collins Street has held the position as Melbourne’s pre-eminent office address, but we can’t afford to be complacent. Our team is focused on responding to evolving tenant needs, new trends in technology and innovation, so our projects will continue to set new benchmarks in the premium space market.”

- Brett Dillon, Head of Funds Management at AXA IM-Real Assets
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The renovation follows the recent completion of the project's end-of-trip facility where an entire ground-level carpark was transformed into a resort-style spa known as 'ONE'. Special features include a luxury towel service, personal grooming stations, lounge seating, Australian-made Leif shower products and parking for 500 bikes.

101 Collins Street was originally built in 1991 and designed by renowned architect Johnson Burgee. Completion of the project is slated for October this year.

A host of developers are looking at improvements to existing assets to compete in a highly competitive commercial market. These include AMP Capital's lobby refurbishment at <a href="https://www.collinsplace.com.au/development-updates">35 Collins Street</a>, GPT's <a href="https://www.urban.com.au/news/its-back-to-the-future-for-melbourne-central-towers-lobby-upgrade">lobby redevelopments at Melbourne Central</a>, ANZ Gothic and a new CLT office building at <a href="https://www.urban.com.au/projects/melbourne-central-tower-2-300-lonsdale-street-melbourne">300 Lonsdale Street</a> above the existing shopping centre.

The next generation of office towers which have been designed around the health and wellbeing of workers include Mirvac's <a href="https://www.urban.com.au/projects/olderfleet-477-collins-street-melbourne">Olderfleet</a> (under construction), Cbus Property's <a href="https://www.urban.com.au/news/cbus-property-submits-planning-application-for-its-landmark-435-bourke-street-site">435 Bourke Street</a> (currently at planning) and Charter Hall's 555 Collins Street. In addition to boasting strong environmental credentials, the projects are also targeting <a href="https://www.wellcertified.com/">WELL Certification</a>, as world leaders in workplace design.
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