570 Bourke revitalising a new city laneway
There are few things more quintessentially Melbourne than its network of meandering laneways. The lifeblood of the city, laneways possess a character and soul that make Melbourne a truly unique place to live and work.
At Charter Hall's 570 Bourke Street development, the property group will continue the development of Melbourne's laneway culture by re-energising the surrounding streets and creating the city's newest laneway and dining destination.
As part of the construction of the landmark office project, Charter Hall is reconfiguring Gresham Street into a one-way thoroughfare to make it more pedestrian friendly. It will also add an al fresco café with outdoor seating and leafy landscaping designed to increase the site's connectivity and permeability with its environment, while also allowing employees to connect with the city around them.
A total of four new retail tenancies will be added to activate the surrounding pedestrian friendly street and laneway frontages to further enhance the new building's Bourke Street lobby. Incorporating Melbourne's iconic bluestone, the development's footpaths and entry interpret the precinct's heritage in a contemporary fashion.
Owned by Charter Hall's Core Plus Office Fund (CPOF), 570 Bourke Street aims to reinvigorate its surroundings and create the amenity tenants across the city crave.
Charter Hall CPOF fund manager Chris Forbes said it was vital for property owners to protect and develop Melbourne's unique laneway spaces to ensure their continued survival as the city landscape develops.
"The new laneway aims to enrich this precinct and give people an energised and exciting place to spend time out of the office," he said.
"The addition of a new cafe as well as a dedicated ground floor entrance for lifestyle centre users will completely change the building's relationship with its environment and make it an enjoyable place to do business. This new and uniquely Melburnian space will create a sense of community and a new public space."
Construction of 570 Bourke Street by Brookfield Multiplex has commenced with completion expected in mid 2015.
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