New Chevron tower to create more jobs for WA economy
15 February 2019
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MRA approval follows development application submission in October 2017
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McGowan Government delivers on commitment to make Elizabeth Quay sustainable with further development
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Development to maximise involvement from local industry and create hundreds of jobs
WA Government:The
Metropolitan Redevelopment Authority has granted
Chevron Australia
development
approval for their Australian headquarters on Lot 7 at
Elizabeth Quay, on the corner of The Esplanade and Barrack Street.
The $360 million 30-storey multi-use
tower incorporates more than 52,000
square metres of office floor space including lobby, exhibition spaces
and conference facilities.
The lower levels include childcare and gymnasium space with retail
tenancies and café/restaurants on the ground floor, to activate large
areas of open plaza facing into Elizabeth Quay.
In June 2018, Chevron entered into a Heads of Agreement with
Brookfield.
The development partnership would see Brookfield develop the Elizabeth
Quay tower with Chevron as the anchor tenant.
In recommending the proposal for approval, the Central Perth Land
Redevelopment Committee noted the unique
architectural design and a mix
of commercial, dining and entertainment, retail and community land uses
that will complement Elizabeth Quay.
The development will provide more jobs, maximising local development
industry involvement including equipment and services, with the peak
construction workforce expected to reach 1,000 on-site.
Current plans show the proposed construction is set to begin in 2020.
Comments attributed to Planning Minister Rita Saffioti:
"The McGowan Government is committed to making Elizabeth Quay as
self-sustainable as possible into the future - this development is a
milestone.
"We welcome the news that after a number of years Chevron Australia's
development plans are gaining momentum and we can move forward with
delivering a vibrant, activated precinct.
"Chevron's new tower will be home to thousands of employees, benefiting
small businesses throughout the city and offering lasting economic
benefit to the State.
"Brookfield's commitment to maximise local industry involvement is great
news for the State. When construction begins, this development will
create hundreds of on-site jobs plus a major flow-on of work through
local contracts."
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Source: Western Australia Government - www.mediastatements.wa.gov.au
Contact: Minister's office - 6552 5500
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