International workspace provider The Work Project (TWP) was today announced as the workspace provider for new Sydney landmark, Quay Quarter Tower (QQT), which is jointly owned by AMP Capital Wholesale Office Fund (AWOF) and Dexus Wholesale Property Fund (DWPF). The partnership will see TWP establish their first Australian site and manage over 4,300 square metres of flexible workspace on levels two and three in the iconic new development.
TWP is an internationally renowned and award-winning flex workspace provider, with 10 locations across Singapore and Hong Kong. AMP Capital selected TWP to manage the space following an international search and is working closely with the company on the design and fit out of the space.
AMP Capital Leasing Director Christina Malcolm said the latest signing demonstrated the strong interest in quality office space in the CBD, “I am thrilled that TWP has chosen to make Quay Quarter Tower their home in Australia. The revolutionary design of Quay Quarter Tower makes this space highly sought after for both domestic and international clients.
“As a new entrant in the Australian market, TWP is a leading, premium-service workspace provider and Quay Quarter Tower offers a flexible workspace location with world-class facilities and sustainability features.
“AMP Capital is focused on providing flexible office solutions for its customers in a post-COVID world and it is clear there continues to be strong demand for high-quality, innovative office space,” Ms Malcolm concluded.
Junny Lee, TWP Chief Executive Officer, said: “We are pleased to announce this management deal, which is the first of its kind for a landmark office tower in Australia. It’s a game changing partnership that enables operator and landlord to collaborate closer than ever before, and together create first-class space solutions for the entire precinct.”
“Quay Quarter Tower is the perfect fit for TWP, since we are focused on design excellence and on creating a platform where occupiers can do their best work. As a co-working business, we prioritise the delivery of robust technology and a well-connected workplace with exceptional facilities for our employees and clients.”
Quay Quarter Tower is now 89 per cent pre-committed and has reached its stage one completion milestone. Quay Quarter Tower forms part of the Quay Quarter Sydney precinct, which incorporates two city blocks and the tower at 33 Alfred Street, as well as Quay Quarter Lanes – a mixed-use residential and retail precinct reviving once forgotten merchant laneways and creating a new city neighbourhood. The Lanes precinct is now open, while the Tower anticipates first occupants in April 2022 with staged retail openings.
About Quay Quarter Sydney
In the heart of the CBD, Quay Quarter Sydney is a revitalised landmark site being developed over two city blocks – a vibrant new destination for Sydney. Bustling retail, restaurants, cafés and bars will bring energy at any hour, day or night, making Quay Quarter a lively neighbourhood surrounded by natural beauty, iconic architecture and busy commerce.
Covering 11,000 sqm of land, Quay Quarter Sydney comprises the stunning Quay Quarter Tower at 50 Bridge Street – a bold enabler of corporate change for the visionary, ambitious, and those who want to declare the forward-facing nature of their business.
The development also includes Quay Quarter Lanes which has been completed and is a boutique laneway precinct between Young and Loftus streets, a vibrant cultural hub including retail, and world-class restaurants, cafes and pocket bars, as well as Loftus Lane’s 104 luxury apartments. Quay Quarter will create a dynamic new neighbourhood at the gateway to the city; a flourishing harbourside destination, boldly transforming the way we work, live and play. Construction of Quay Quarter Tower by Multiplex is on schedule for delivery soon. With over 8,000 square metres of retail across the precinct, the retail leasing program, finely tuned towards lifestyle, wellbeing and dining, is also underway. The tower has over one acre of green space, with a landscaped podium and terraces in its vertical villages.
About TWP
TWP is a global workspace provider setting new standards in ways of working. It currently operates award-winning workspaces at ten locations in Singapore and Hong Kong, with a combined 40,000 square meters that enables today’s business executives to work, meet and host in beautifully designed spaces. Since its inception in 2016, its timeless and inspiring designs have already been included in Forbes’ list of "5 Most Beautiful Co-Working Spaces in the World" and Huffington Post’s list of "20 Best Co-Working Spaces Across the Globe". Its mission is to create workspaces that are beautiful in form and high-performance in function. Find out more at www.theworkproject.com.
