Date:    04/03/08

Source: Press Release

 
Greater Springfield’s first office tower, Springfield Tower, will open in June this year and is already recognized as the ‘tallest poppy in the west’.

With more than $600 million in development activity underway each year in the Greater Springfield area (more than $11 million per week) and more than 105,000 residents expected to live here by 2030, the construction of the area’s first office tower is significant to the future economic sustainability of this fastest growing region.

Springfield Land Corporation chairman Maha Sinnathamby said, “with more than 5,000 workers already working in Greater Springfield and more than 50,000 workers expected here by 2030, this world class business centre offers residents the perfect opportunity to live where they work and to capitalize on its digital city capabilities as it emerges as a viable alternative to the Brisbane CBD.”

“This is the perfect business address with access to all directions and a catchment of more than 600,000 residents with a 30-minute drive.”

“Springfield Tower itself is a model of sustainability and Greater Springfield’s commitment to green design principles, by its capacity to obtain a 4.5 star green energy rating upon completion.  It sits adjacent to the recently awarded Orion Town Centre (a 6 star green energy rated building) and our Tier 3+ Polaris Data Centre.”

More than 50 per cent of the building has been pre-committed prior to opening in July 2008, with business from Brisbane establishing a presence in the building to capitalize on the growth of the Western Corridor.

The CBD is twice the size of the Brisbane CBD in land area and currently features 1 million m2 of approved commercial space.  Already the CBD features Education City, the Orion Town Centre, Parkside Business Address (Springfield Tower and Polaris) and will be home to fully integrated Health and Wellness precinct (Health City) and additional business precincts by 2030.