A $107 million project is set to transform 727 Hunter Street into an A-Grade commercial business centre in the heart of Newcastle.
The official ground-breaking ceremony was held on Friday by Lord Mayor Nuatali Nelmes, along with the team behind the ambitious development: HYG, Core Project Group (CPG), and PDS Group.
The thirteen-storey modern building will offer 11,000 sqm of commercial space, available for those businesses opting for open floor plans and a naturally-lit office environment.
Tony Zhang of HYG said he was excited to introduce 727 HQ as an innovative A-Grade commercial building.
“At HYG, we have a desire for architectural excellence and this goal remains steadfast for the 727 HQ project, which features elegant yet functional features including a rooftop terrace set to inspire and premium end of trip facilities to cater for active lifestyles,” he said.
“We believe that there is a significant demand for quality office stock in Newcastle to support the ongoing growth of local businesses and the economy.”
Over the past decade, CPG has delivered around 100,000 square meters of gross floor area to Newcastle West, totalling almost $400 million in asset value.
As the final piece in the Birdwood Precinct in Newcastle’s West new CBD, Courtney Knight at CPG said he was thrilled to see this project come to life.
“Since the design of our visions for the Birdwood Precinct in 2015, we’ve been focused heavily on creating a service-based precinct in Newcastle’s new CBD. With the completion of the Holiday Inn Express, RSL Lifecare vertical village and Newcastle first vertical Childcare Centre, this project is the jewel in the crown of the precinct both in its scale and locality,” Courtney said.
“At CPG we’re focused on designing and delivering quality and innovative turn-key projects to the highest standards, and we’re excited to set a whole new benchmark with 727 HQ.
“A state-of-the-art project that has been designed to reflect a new era of commercial office accommodation where business and people alike can thrive and inspire,” she concluded.
Developed with sustainability front of mind, 727 HQ has been designed to achieve a NABERS 4.5-star rating.
Combining class with convenience, the building will feature retail space, a multi-level car parking for over 200 cars, extensive bike storage and in-house facilities including showers, lockers and changing rooms.
IMAGE | 727 Hunter Street development project transforms Newcastle’s CBD.
Our passion is creating environments in which people thrive. But it does not stop there, as we believe that doing so should be a rewarding experience.
Projects need to happen on time, they need to come in on budget and quality is paramount. We think of these three needs as the base line. And no client should expect any less. Equally, we believe that the process should be rewarding for those involved and what we discovered back when founding CPG was that often it was anything but.
Core Project Group is built on a foundation of collaboration, communication and integrity with an aim to be the best construction company Australia has ever seen.
With over 45 years of combined industry experience, Core Project Group is led by a team that have a robust understanding of what it takes to get it right.