Hines Advances Plans for New $1 Billion AUD Office Tower in Melbourne

New development to epitomize the future of office offerings and set the standard for ESG in Australian real estate

(MELBOURNE) – Hines, the global real estate firm, today announced the launch of 600 Collins, a new premium grade office tower in the heart of Melbourne’s central business district (CBD). This landmark project was acquired and designed at the height of the Covid pandemic and is pushing the boundaries of how a modern office building can bring together the best of working, socializing, dining, and staying healthy.

Designed by international architecture practice WilkinsonEyre and leading Australian architecture and design firm Architectus, 600 Collins will have a strong focus on sustainability, amenity, wellness, and experience. The site is strategically located in the heart of Melbourne’s commercial core and features over 70 metres of prime frontage on Collins Street. As the newest addition to the Melbourne skyline, it will stand 180 metres tall with a world-class articulated curved facade adding a distinguished presence.

600 Collins will boast over 60,000 square metres of premium-grade office space, market-leading amenity provisions, including curated casual and formal food and beverage offerings, podium terraces, experiential end-of-trip facilities including a hotel-style reception lounge, showers, lockers, and bike parking, wellness centres, collaborative work zones, and dedicated green spaces. 600 Collins will be unrivalled in its access to transport, with immediate access to tram super stops on both Collins and Spencer Street, and in close proximity to Southern Cross Station – providing access to regional workforces of Geelong, Bendigo, and Ballarat.

With a focus on ESG and sustainability, 600 Collins will set the new standard for offices in Melbourne and attract a consciously minded workforce across a range of sectors. As Hines plans to be carbon neutral across its global portfolio by 2040 without buying offsets, 600 Collins will be the first fully electric building in Australia designed under the new Green Star Buildings tool, which rates the energy efficiency of buildings. Being fully electric is a notable shift away from the commercial sector’s traditional reliance on gas and leading the way to a clean energy future. The emphasis on sustainability is evidenced in the building’s design, which incorporates strong biophilic characteristics including numerous outdoor terraces, green walls, and will be open to the sky laneway retail and dining. 600 Collins is targeting the highest sustainability credentials, being a 6 Star Green Star and 6 Star NABERS Energy rating, as well as a Platinum WELL Certification for shell and core which will make it one of the most energy efficient and sustainable buildings in Australia.

“When Hines acquired 600 Collins Street in the height of the Covid pandemic, we had the opportunity to define how the office could bring together the best elements of how people live, work, and play while outperforming the market in sustainability,” said Simon Nasa, managing director of Hines. “600 Collins will be a destination shaped by experience, amenities, and our tenants partnering with us to create spaces that attract and retain the best talent. 600 Collins is setting the standard for how developments in Australia can be both environmentally responsible and cutting edge,” Nasa added.

600 Collins is another milestone development in the extensive Hines portfolio, which includes iconic sites such as One Vanderbilt in New York, Texas Tower in Houston, One Museum Place in Shanghai and Salesforce Towers in San Francisco and Chicago, among many others. It is also one of five Hines projects currently in development across the Asia Pacific region including 36-52 Wellington, an 18,200-square-metre, 15-story heavy timber creative office building in Melbourne and 9 Stewart Street a 5,000-square-metre, 10-story boutique creative office also in Melbourne.

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 285 cities in 28 countries. Hines oversees investment assets under management totaling approximately $90.3 billion¹. In addition, Hines provides third-party property-level services to 373 properties totaling 114.2 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,530 properties, totaling over 511 million square feet. The firm currently has more than 198 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit http://www.hines.com for more information.

¹Includes both the global Hines organization as well as RIA AUM as of December 31, 2021.

About WilkinsonEyre

WilkinsonEyre is one of the world's leading architectural practices with a portfolio of national and international award-winning projects. Their work is based on an informed use of technology and materials and combines a commitment to the spirit of the new with an awareness of context, winning numerous awards, including the prestigious RIBA Lubetkin Prize for both the Guangzhou International Finance Center and the cooled conservatories at Gardens by the Bay, and the RIBA Stirling Prize for Architecture for the Gateshead Millennium Bridge and Magna. Learn more at https://www.wilkinsoneyre.com/.

About Architectus

Architectus is an award-winning Australian architecture and design studio specialising in commercial, education, interiors, public, residential, transport, urban design and planning.

Architectus operates as a single studio with the creative team based in Sydney, Melbourne, Brisbane, Adelaide and Perth. The company also enjoys a strong collaborative relationship with our associated New Zealand studios located in Auckland, Christchurch and Wellington. To learn more, visit https://architectus.com.au/.

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