Article by Claire Tyrell
Source: Business News
Blackburne is relocating its headquarters to its $300 million One Subiaco apartment development by December, after 19 years at its West Perth office.
The Western Australian property developer is set to move its 50 staff into a first-floor office at the corner of Rokeby Road and Roberts Road once the project is complete.
Blackburne bought the former Pavilion Markets site in 2018 for $25 million, after failed bids by others to transform the site.
Its 24-storey One Subiaco development, expected to be built by this December, features 242 luxury apartments, offices, retail and hospitality venues.
“We commenced the One Subiaco development with the aim of renewing the then derelict site and revitalising the town centre,” he said.
“Since launching the apartments for sale, we have been overwhelmed with the response and now only have three remaining for sale.
“We see relocating our office … as playing a major part in rejuvenating Subiaco.”
“Aside from creating a more enjoyable working environment, the flexibility will allow our teams to utilise new technology to work in a more efficient manner,” Mr Blackburne added.
The company will occupy 600 square metres in Subiaco and staff will have access to an additional 1000sqm via the building’s amenities.
Blackburne is also developing a $350 million apartment development in Peppermint Grove and a $74 million apartment project in Karrinyup.
Its current headquarters, which has recently undergone a $2 million fit out, is expected to be advertised for leasing soon.
The business was formed in 2003.