Green light given to Charter Hall's new $200m Melbourne development

The Victorian Government has given the green light to the development of Charter Hall’s new $200 million office tower in the Wesley Place precinct in Melbourne’s CBD.

The new tower is going to be built at 140 Lonsdale Street, north of the Charter Hall Office Trust (CHOT)-owned 150 Lonsdale Street building and will be adjoining the upcoming $600 million Wesley Place tower on 130 Lonsdale Street.

The A-grade office tower will have 16,500 square metres of office space spread across 22 storeys. The new tower will be retaining the existing above ground car park which provides up to 380 parking spaces.

This development will bring Charter Hall’s investment in the precinct to approximately $1 billion. Both 130 and 140 Lonsdale Street developments are expected to be completed by mid-2020.

“We are proud to collaborate with the Victorian Government and Melbourne City Council who share our vision in the redevelopment of this iconic site,” Charter Hall’s Office Chief Executive Adrian Taylor said.

Watch this space for the latest industry news, trends and project updates by subscribing to Felix Project News today.

Source: The Urban Developer, Australian Financial Review

Monica Gameng

As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 3,000 posts to date. She truly is an industry expert!

Recent Articles

Projects, NSW

Planning begins for the extension of Camden Bypass in South-West Sydney

Planning is now underway on a much-needed extension of the Camden Bypass in South-West Sydney, and this marks a step towards improved connectivity and reduced traffic congestion in the region.

Projects, VIC

Early designs released for new modern train stations for Melbourne Airport Rail

Early designs have been unveiled for two new modern, safer and more accessible train stations in Melbourne’s west, which are being delivered as part of the $4.1 billion Melbourne Airport Rail Stage 1 project.

Projects, WA

Contract awarded to deliver next stage of Tonkin Hwy Corridor upgrade

Another important milestone has been reached on the transformation of Tonkin Highway, with the contract to deliver major upgrades between Roe Highway and south of Welshpool Road in Western Australia.

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog. Join thousands of construction and mining pros getting the best content right in their inbox.

updates on Australia's pipeline of state and federal projects
fresh contract awards from major contractors and builders

If you're looking to contact us about other matters, please contact us.