Lendlease receives the greenlight for new Town Hall Place development

16 May 2023

Melbourne, 16 May 2023: Lendlease today unveiled plans for its new mixed-use development that is set to revitalise Melbourne’s landmark intersection at Flinders and Swanston streets in the CBD, following endorsement of its development plans.

Town Hall Place will be located at 25 Swanston Street, adjacent to Melbourne’s famed Young and Jackson Hotel, and above the new underground Metro Tunnel Town Hall Station.

The development will feature a modern A-grade, 10-storey commercial building with approximately 16,000sqm of floor space, with new laneways, arcades and retail at ground level.

Designed by Hassell architects, Town Hall Place will respond to the rich heritage of its location with new connections made between Flinders Street and Flinders Lane. Scott and Cocker Alleys will be reactivated, with a new contemporary arcade created with approximately 2,000sqm of retail and dining.

Accommodating up to 1,600 workers, the building will inspire collaborative working with views spanning Melbourne’s landmark sites including Federation Square, St Paul’s Cathedral, Flinders Street Station, the Arts Centre and the MCG, as well as generous outdoor terraces across multiple floors.

The office building will be all electric and powered 100 per cent by renewable energy for base building operations, providing a pathway for tenants to a carbon neutral workplace. Further demonstrating leadership in sustainable design, the building is targeting a 6 Star Green Star Design & As Built v1.2 rating and pursuing a WELL Gold Core rating.

The revitalised precinct will connect seamlessly to the Metro Tunnel’s Town Hall Station below street level.

Lendlease will act as developer and builder for the development. Construction is expected to commence in 2024.

“Town Hall Place is a rare opportunity to reinvigorate this iconic part of Melbourne’s CBD with new laneways and arcades, retail and dining and a next generation workplace that will contribute to the vibrant culture of this renowned area.

“The transformation of this site will showcase how smart over-station development can unlock the potential of our cities by linking key transport interchanges with exceptional retail, workplace, and lifestyle experiences.”

For more information visit www.lendlease.com

ENDS

For more information:
Nat Burcul
External Affairs Manager – VIC/WA/SA
Nat.burcul@lendlease.com
+61 401 919 927