We are building a new Civic Precinct for the people of Geelong at 137
The City and Quintessential Equity are partnering in a $200
million investment, with construction of the new Civic Precinct to create
nearly 900 local jobs. An estimated 43 per cent of construction costs will be
The City is delivering the Civic Precinct without any
increased cost to the ratepayer. In fact, once environmental and workplace
efficiencies, increased rental returns, additional commercial rates and a
reduced interest rate are factored in, the project will generate positive
cashflow of $1.2 million per year, while still future-proofing the organisation’s
workplace needs for the next two decades.
The multi-building design of the new Civic Precinct includes
a second commercial building to be funded completely by Quintessential Equity,
creating sustainably designed, PCA A-Grade office space for an additional 900
full-time workers in central Geelong.
Over the coming weeks we will be
engaging with community again on the use of public space within the precinct.
Our new office will
achieve the highest standards of sustainable design with a 6 Star Green Star
Design and As-Built Rating as well as a 6 Star NABERS Energy Rating, meeting
the City’s environmental aspirations and validating Geelong’s UNESCO City of
With 48 per cent of the site dedicated to accessible public
space as well as co-working spaces and retail and food tenancies, this vibrant
and thriving precinct will provide direct connections to Johnstone Park and
pedestrian access through to Bayley Street.
Our new office will feature end-of-trip facilities to
encourage active modes of transport such as walking and cycling.
Quintessential Equity bring significant local experience to
the table, including the WorkSafe building at 1 Malop Street, completed in 2017
and GMHBA’s new head office at 60 Moorabool Street which will be completed in