- Vicinity Centres (Vicinity) is partnering with Hub Australia (Hub) to introduce a premium 4,100 sqm four-storey coworking space as part of its broader redevelopment plans at Box Hill Central.ย ย ย
- The partnership will enable Vicinity to complement its retail centres with workplace, residential, health, education, and leisureย uses.ย ย ย
- Theย increased demand for the โwork near home, but not at homeโ model has created opportunity to bring office and retail experiences together.ย
Vicinity Centresย (Vicinity)ย is partneringย with Hub Australiaย (Hub)ย to introduceย aย premiumย 4,100ย sqmย four-storeyย coworkingย spaceย as part ofย itsย broaderย redevelopmentย plansย at Box Hillย Central.ย ย
Hubย brings a unique hospitality-led customer experience to the workplace andย isย one ofย Australiaโs largest flexible workspace operators. Hubย managesย a national network of professional and premium workspacesย across Melbourne, Sydney, Brisbane, Adelaide,ย and Canberraย with state-of-the-art design, fit-out, technology, andย hotel-styleย amenities.ย ย
As part of Vicinityโsย redevelopment plans for Box Hillย Northย and South, this 10-year partnershipย will further build on Vicinityโsย mixed-use strategy to complement its retail centres with workplace, residential, health, education,ย and leisure uses.ย ย
Vicinity Centresย Chief Development Officer, Carolyn Viney said: โThe increased demand for the โwork near home,ย but not at homeโ model has created opportunityย to bringย office and retailย experiencesย together. By including coworking facilities within our retail precincts, we can take advantage of existing transport links, on-site parking and easy access toย all ofย the consumer amenity our centres offer, creating an amazing experienceย whereย businesses andย employeesย can thrive together.ย ย
โThe coworking facilities will also complementย the retail redevelopment which isย currentlyย underway inย Box Hill South, withย a new Coles store, restaurantsย and a suite of otherย destinationalย retailers joining the mix.โย
Once completed, Hubโsย coworking space at Box Hill Central will feature flexible workspaces including suites, offices, and coworking desks. Aย range of sharedย amenities forย members will include a welcome desk with dedicated concierge, cafรฉ and business lounge, a range of formal and casual meeting spaces, relaxation rooms, podcast and media studio, a large member kitchen with full cooking facilities, and utility/printing areas.ย ย ย
John Preece, Chief Property Officer at Hub Australia, said โThe world of work has changed immeasurably in the wake of Covid-19, and flexible workspaces in suburban locations have proven to be extremely resilient throughout the pandemic both overseas and here in Australia.ย ย ย
โWe believe progressive businesses will provide ever greater flexibility to their employees moving forward.ย Hub is developing a network of suburban locations around Melbourne and Sydney to cater for this demand, and we are delighted to be partnering with Vicinity to deliver this โclose to homeโ network to support a flexible work future.โย
Vicinityโsย Masterplanย forย Box Hillย ย
In mid-2020, Vicinity lodged town planning applications for the development of a 42,000 square meter commercial office building, a hybrid residential and commercial building comprising 366 apartments and 7,000 square metres of retail and office space.ย ย
The plan includesย 3,350 square metres of new high quality public open space in Box Hill,ย made up of Spanish Steps-inspired amphitheatre and town square areas along with the creation of new walkways and roads to connect the precinctโs residential, commercial, transport, retail and hospitality offerings.ย ย
The first stageย ofย redevelopment hasย commencedย withย works to relocate Coles fromย theย existing Box Hill North component of the shopping centreย across toย Box Hillย South.ย ย
โThe revitalised Box Hill Central will create new pedestrian connections and a diverse range of attractive public spaces,ย aย world-class retailย offer includingย mouth-watering dining, fresh food and specialtyย stores, commercial office space and diverse housing options.ย ย
โWe see coworking as a perfect companion to our existing centres with occupiers enjoying a wide range of quality everyday amenity right at their doorstep, while delivering new customers for our retail partners,โ Ms. Viney said.ย ย
Pending theย necessaryย approvals,ย itย is estimated theย Hub facilitiesย at Box Hillย Centralย will be operationalย inย lateย 2022.ย ย ย ย
Hub Box Hill Central Fact Sheetย
- Box Hill Central is a sub-regional shoppingย centreย managed by Vicinityย
- Located approximately 15km east of the Melbourne CBDย ย
- Hub will occupyย 4,100 sqm,ย ofย flexibleย coworking space, to be providedย over 4 levelsย ย
- Ground floor bicycle parkingย availableย for coworkingย patronsย
- End of trip facilitiesย available forย coworking patronsย
- Easyย access to Box Hill Train Station and Busย Terminal
About Vicinity Centresย (ASX:VCX)ย
Vicinity Centres is a leading Australian retail property groupย with a fully integrated asset management platform.ย For more information about Vicinity Centres visit www.vicinity.com.au.ย ย
About Hub Australiaย
Founded in 2011, Hub is Australiaโs largest privately-owned flexible workspace operator, providingย premium workspace solutions to help people love where they work. With locations in Sydney, Melbourne,ย Brisbane, Canberra, and Adelaide, Hubโs beautifully designed serviced workspaces are used byย hundreds of businesses to attract and retain the best talent, with a diverse range of amenities andย benefits for its 4000+ members. For further details, pleaseโฏvisitโฏwww.hubaustralia.com.
