Mirvac’s Iconic Olderfleet Building is Now Complete

3rd September 2020

Mirvac Group and co-owner Suntec Real Estate Investment Trust (Suntec REIT), celebrate the completion of the new office building Olderfleet at 477 Collins Street in Melbourne.

The 58,000 square metre building uniquely integrates a modern commercial tower with one of Melbourne’s most important pieces of heritage architecture, the Olderfleet buildings. Raising the bar for contemporary workplaces in Australia, the development includes smart technology, leading sustainability and premium amenities.

Anchor tenant Deloitte has moved into their Victorian headquarters at Olderfleet taking 28,000 square metres of space. They are joined by several other leading organisations including Norton Rose Fulbright, Lander & Rogers and Urbis.

Mirvac’s Head of Office and Industrial, Campbell Hanan said, “Completing Olderfleet in the current environment is a true testament to the strength of Mirvac’s delivery team, as well as the outstanding collaboration with our project partners and customers.

“Olderfleet is an exemplar of the modern-day workplace and an exceptional office tower. The flagship premium-grade building demonstrates design excellence, celebrating the iconic heritage-listed Olderfleet buildings alongside delivering a technology-enabled, sustainability-focused workplace that fits the unique requirements of our customers.”

Deloitte Victorian Office Managing Partner, Paul Rehder said, “It is a world-class building and by using the best of Deloitte’s creative and technical expertise, together we have designed and fitted-out an innovative workplace that sets a new standard for teamwork, collaboration and a technology-led workforce.

“The design will help enhance new hybrid ways of working, and staff practising COVID-19-safe working measures will experience the building, as and when we are able to do so.”

Designed by Grimshaw Architects, Olderfleet sets a new precedent for adaptive heritage and workplace integration in Australia. Setting the tone for the entire building is the expansive lobby entrance, unlike any other in Melbourne, which features a 25-metre-high glass atrium, creating a dramatic arrival experience and capturing natural light throughout the day.

Grimshaw Managing Partner, Neil Stonell said, “The heritage buildings are a focal point for the entire precinct, celebrated and spotlighted throughout the ground plane, where you can catch glimpses of the facade from all angles, producing a strong identity for the asset.

“Collaboration was a strong theme for the design, with the workplace ‘villages’ allowing us to tailor bespoke spaces for tenants to fit their specific needs. Significant terraces across the building allow individual tenants open-air spaces with spectacular city skyline views.” 

Olderfleet by Mirvac external view

The Olderfleet heritage buildings, which line Collins Street, were built between 1887 and 1889 and are stunning examples of Victorian architecture in the Marvellous Melbourne era. Lovell Chen worked with Mirvac and Grimshaw to sensitively restore the buildings, creating boutique office and retail spaces within. CARR Design was responsible for the interior design of the building.

“Olderfleet marks the resurgence of mid-town and a new natural centre for Melbourne city. With a number of landmark developments complete at the west-end of Collins Street, including the renewed Southern Cross Station precinct and Mirvac’s 699 Bourke Street and 664 Collins Street, it is a highly desirable address and location,” Mr Hanan said. 

Suntec REIT’s Chief Executive Officer, Chong Kee Hiong said, “We are pleased that some of Australia’s leading organisations will call Olderfleet home and we look forward to welcoming them to their new workplace in the coming months. We are also delighted to have partnered with Mirvac and have witnessed their exemplary professionalism and unparalleled development management capabilities throughout our partnership.”

Olderfleet offers its workforce comfort and convenience with hotel-style end-of-trip facilities, childcare, a concierge and flexible space options.

The retail precinct at Olderfleet, set to be complete towards the end of 2020, will be home to a premium restaurant and boutique artisan cafes creating a contemporary Melbourne dining experience for customers, visitors and the wider community.

Despite the current position of the Victorian market due to Stage Four COVID-19 restrictions, Mirvac believes office will remain relevant and is committed to building on the success of Olderfleet with a strong pipeline of projects in Melbourne, including 383 La Trobe Street and Flinders West at the corner of Flinders and Spencer Streets.

Olderfleet was the first building in the country to achieve a Platinum Core and Shell WELL Pre-Certification and is targeting a 6 Star Green Star, 5 Star NABERS energy rating and 4 Star NABERS water rating.

Find out more about Olderfleet