A significant development application (DA) was lodged today by DOMA Group, proposing an exciting new CBD office space as part of the recently announced redevelopment of the former Store site.
The redevelopment will see the creation of 15,000 square metres of ‘A’ grade office space in the city’s west end, creating the largest stand-alone office building in Newcastle.
In April this year, the Minister for Infrastructure and Transport announced DOMA Group were awarded the tender to develop the former Store site on a 12,000 square metre footprint as a master planned mixed use development, including delivery of a revitalised bus interchange as part of the upgrade.
General Manager, Development of DOMA Group, Gavin Edgar said, “We have worked very closely with Bates Smart architects to create an innovative design for the renewal of the site, in conjunction with Transport for NSW and Hunter & Central Coast Development Corporation”.
“We will deliver a large mixed-use development comprising of office space, bus interchange, residential towers, retail and car parking. The DA has been lodged for the approval of the new office space. Said Mr Edgar. “This is the second DA to be lodged on the site following a structured carpark DA that is currently under assessment by Newcastle Council”
Simon Swaney, Managing Director of leading architecture firm Bates Smart added, “The former Store site proposes a revitalised public domain and a high-quality collection of new buildings that are seamlessly knitted together by accessible and active spaces.”
“The office space will be anchored by NSW Government tenants under a pre-commitment for 10 years with Property for NSW, which extends Doma Group’s capability in securing long term office tenants, having completed the 7,100m2 Gosford ATO Office in March and a 13,200m2 Office pre-recommitted to the ACT Government for 20 years adjacent to the transport interchange in Dickson, ACT.
The Store redevelopment marks DOMA Group’s seventh investment in Newcastle and will be ready for occupation late 2020, with the new office space having an expected end value of $100 million.