The 40,000sqm building is the biggest development in Redfern
for a decade, and the contract pushes Watpac’s workbook past $1 billion for the
first time reports Fiona Cameron in the Australian of May 21, 2008.
The 12-storey building at Australian Technology
Park will be home to
Seven’s offices and studios, as well as associated company Pacific Magazines.
The unrelated Global Television Services will also take
space in the building.
Single-asset trust ATP Property — jointly owned by Seven
and Rebel Property Group — is developing the building and aims to hold it
long-term.
Rebel managing director Allen Linz said yesterday that a
marketing campaign for the 14,000sqm available would start soon.
The space would be offered for $400-$450/sqm net. Mr Linz
said it was an attractive campus-style precinct seven minutes from the CBD, on Sydney’s busiest train
line.
In 2006, after Seven revealed plans for the redevelopment of
its long-term home at Epping in Sydney’s north, Premier Morris Iemma announced
that the network’s new headquarters would be at Redfern.
Watpac managing director Greg Kempton said the new building
would have four television studios, associated facilities and car parking.
Watpac recently completed the new Australian Film,
Television and Radio School at Moore
Park in Sydney
for Colonial First State.
That project included television studios and associated
technical infrastructure with specifications similar to the Seven project.
Brisbane-based Watpac continues to expand into NSW and
Victoria, where late last year it took over builder JA Dodd.
www.theaustralian.news.com.au/story/0,25197,23732281-25658,00.html