The Metropolitan Redevelopment Authority has granted Chevron Australia development approval for their $360 million Elizabeth Quay headquarters in Perth, Western Australia.
Chevron’s 30-storey mixed-use tower is set to incorporate more than 52,000 square metres of office floor space including lobby, exhibition spaces and conference facilities.
The building’s lower levels will also include childcare and gymnasium spaces, retail tenancies and café/restaurants on the ground floor to activate large areas of open plaza facing into Elizabeth Quay.
Chevron entered into a ‘Heads of Agreement’ with Brookfield in June 2018, which will see Brookfield develop the tower with Chevron as the anchor tenant.
The development is expected to have around 1,000 workers on site during peak construction.
Planning Minister, Rita Saffioti, said the WA Government is committed to making Elizabeth Quay as self-sustainable as possible into the future.
“We welcome the news that after a number of years Chevron Australia’s development plans are gaining momentum and we can move forward with delivering a vibrant, activated precinct,” she said.
“Chevron’s new tower will be home to thousands of employees, benefiting small businesses throughout the city and offering lasting economic benefit to the State.”
Construction on the tower is estimated to begin in 2020, with plans for Chevron to occupy the building by 2023.