480 Queen Street opens for business

Source: DEXUS Property Group - www.dexus.com 

15 June 2016

DEXUS: Australia’s first elevated public park within an office building is taking its first visitors with 480 Queen Street in Brisbane (480 Queen) now open for business.

The next-generation CBD office building, with Hobbs Park perched high above the street on Level 4, another grove of trees on its Level 32 rooftop (The Grove) and a striking blue mural that winds through the public areas, is attracting enormous interest, with a steady stream of sightseers since the construction hoardings came down.

Premier Annastacia Palaszczuk will officially open 480 Queen tonight (Thursday June 9) at an event held at the Grove, with Lord Mayor Graeme Quirk, Grocon Chief Executive Officer Carolyn Viney, and DEXUS Property Group (DEXUS) CEO, Darren Steinberg officiating.

480 Queen is owned by DEXUS and DEXUS Wholesale Property Fund, and is managed by DEXUS. The building was developed and built by Grocon.

Grocon Chief Executive Officer Carolyn Viney said the 480 Queen designers had set out to contribute to the broader CBD precinct and create a place for the community, not just the tenants who work there.

“This is a building for all of Brisbane and we’re delighted that people seem to have embraced it already,” she said.

DEXUS CEO Darren Steinberg said 480 Queen’s list of quality tenants was evidence that it had also achieved its goal of being Brisbane’s ultimate business address.

“480 Queen sets a new standard – it’s a Premium building in a premium location, and with people at the heart of its design our customers will enjoy the increased efficiency that comes with a flexible and inspiring workplace.

“Combine that with a focus on sustainability, public art, and precinct activation and you have a workplace that sets a new standard in Australian office.”

The building is home to some of the most progressive Australian and global businesses including BHP Billiton, PWC, Regus, Mitsui, Arrive Wealth Management, and law firms Herbert Smith Freehills, Allens, HWL Ebsworth and DLA Piper. Most of those businesses have moved into the building over the past few weeks.

OTTO Brisbane, which overlooks Hobbs Park, Customs House and the Brisbane River, officially opens next week. OTTO is the first Brisbane venture by Fink Group, the operators of landmark Sydney restaurants Quay (the Rocks), Bennelong (Sydney Opera House) and OTTO (Woolloomooloo).

The tenants will enjoy a range of facilities within what is effectively a vertical village. 480 Queen includes a childcare centre, a boutique gym featuring an altitude training room, a pharmacy, a barber shop, a food gallery and end-of-trip facilities - 600 bike spaces, 500 lockers and 45 showers.

A giant, 350 square metre glass tile rainforest mural, by acclaimed Queensland-born artist Danie Mellor provides a striking backdrop to the journey up to Hobbs Park. The artwork, like the park itself, is attracting plenty of interest from passers-by.

Hobbs Park is overlooked by a 100-seat amphitheatre for tenants’ events and has its own café and bar, part of an eclectic mix of food offerings within 480 Queen.

The 1,400 square metre park aligns with the grounds of St John’s Cathedral on the opposite side of Adelaide Street, preserving views from the cathedral to the river and creating stunning new views of both for visitors to 480 Queen.

The pubic open spaces, cycling facilities, and innovative construction methods all contribute to the building achieving a 6 Star Green Star environmental rating, which represents world leading practice.





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