Kings Square at Perth City Link has achieved a key milestone reaching its highest point in construction, officially topping out three of the four towers in Perth’s newest commercial precinct.
Planning Minister John Day said Perth City Link was a significant transit orientated precinct that would provide a contemporary range of employment, lifestyle and commercial opportunities.
“Perth City Link will reconnect the CBD with Northbridge for the first time in more than 100 years,” Mr Day said.
“The Kings Square development will provide high quality office space and amenities that support the State Government’s vision for the precinct as a premier transit hub and recreational space.”
The first four towers are due for completion in mid-2015 and will deliver more than 60,098sqm A-grade commercial space and 2,800sqm of retail space.
KS1, KS2 and KS3 were acquired by DEXUS Property Group and DEXUS Wholesale Property Fund. Other commercial tenants committed to the project include John Holland in KS3 and HBF who will own and occupy KS4.
Leighton Properties Managing Director Mark Gray said that Kings Square will create a shift in the city’s commercial centre with corporates recognising the value in its location. The project will also deliver $1.8million dollars of public art.
“Located at the heart of Perth’s new primary transport hub, Kings Square will reconnect the city with its cultural centre, with excellent amenity and providing a unique work-life balance for those working in the precinct,” Mr Gray said.
“Each commercial tower has been built to facilitate worker health, performance and collaboration within the organisation. This includes maximising natural light and external views, with areas for use as alternative meeting spaces that take advantage of rooftop terraces, garden views and green spaces."