Director-General of Economic Development David Dawes says the contract between the ACT Government and the Capital Property Group to build the new Government office building was signed today, kick-starting a $300 million development for Canberra’s city centre, one of the biggest in more than a decade.
“The new government office building will become a centrepiece for the city centre’s rejuvenation featuring a modern, sleek design to set the tone for future developments in the CBD,” David said.
“Signing the contract is the first step towards the rejuvenation of the city centre.
“I was pleased to sign this contract on behalf of the ACT Government today and take the first step in delivering a state-of-the-art building which will contribute to the urban renewal of the city centre.
“The Capital Property Group has already accomplished a great deal in Canberra, having developed the Industry building on Akuna Street and the Canberra Airport, which is widely considered to be the best, fit-for-purpose airport in Australia.
“As well as accommodating around 1700 Government workers, the development of the site will also offer a premium hotel and restaurant precinct bringing life to a part of the city which has long been earmarked for urban renewal.
“I look forward to working closely with the Capital Property Group to create an iconic piece of the city which will be enjoyed by all who live, work or visit Canberra.
“The development includes three levels of basement car parking , which will triple the number of car parks currently on the site.
“The ACT Government is committed to investing in the renewal of our CBD, with several projects underway including this mixed-use development right in the heart of Canberra. At five storeys and less than 25 metres in height, the new building fits the National Capital Authority’s guidelines to be built adjacent to the ACT Legislative Assembly.
“The new Government Building will be open for business from October 2020 with construction expected to begin in late 2017.”
For more information on CBD renewal visit act.gov.au