A growing demand for unique buildings with quality amenities.
Melbourne professionals are seeking additional entitlements as an incentive to return to the workplace. From gym memberships to café perks, parking and ease of access to arterials and transport, employees are challenging business owners to provide more bang for their hard-earned buck; a trend driving higher demand for quality commercial amenities. With executives at ASX-listed companies like Commonwealth Bank and NAB mandating the return, we expect medium and small businesses to follow suit.
“Creating a functional tenancy mix allows employers to use their office spaces as a means of attracting and retaining talent. Pace proactively targets hospitality and retail groups that complement our office spaces to add additional value to building occupants,” says Sam.
A convergence of retail and office spaces.
The Commercial team is seeing a high demand for retail and hospitality opportunities within mixed-use developments, and tenants are increasingly looking to join a diverse mix of businesses under strata buildings. Office workers bring foot-traffic and hospitality operators offer convenience, thus creating a complementary collection of business, retail and hospitality. The team has recently leased 95% of tenancies at 160 Whitehorse, achieving this balance at our largest completed residential and commercial project to date.
Comprising 17 retail shops and two office tenancies over 1,500 sqm, Pace of Blackburn is home to Sapore Blackburn, a new café, restaurant and bar, as well as Jellis Craig Real Estate, Uniting offices, UBX Training, Talons Nail Salon, a local dental practice, and Japanese izakaya restaurant, Daiku. The final office tenancy at 160 Whitehorse is now leasing, click here to enquire.
