BUSINESS DISTRICT

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BUSINESS DISTRICT

description

Hyatt Place is designed for today’s busy multi-tasking travellers and offers a seamless and friendly experience for both business and leisure.

Transcript of BUSINESS DISTRICT

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BUSINESS DISTRICT

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– 170 active businesses– Over 5,000 people employed across a range

of industries– Site of State Significance with forecast 18,000 jobs– A model difficult to replicate

THINK OUTSIDE THE GRID

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Essendon Fields was recently recognised by the State Government as a site of state significance and a great place to work with a capacity for an additional 150,000m2 of office space and forecast 18,000 jobs.

There is currently over 226,000m2 in commercial

property leased including over 55,000m2 NLA office space. Vacancy rates are at less than two percent.

Over 170 active businesses including Linfox Group Head Office, Armaguard, The Good Guys and VicRoads have already chosen Essendon Fields as their new home, meaning over 5,000 employees enjoy the surrounding heritage and green spaces along with an impressive and unique amenity offering.

A GREAT PLACE TO WORK

Unique Amenity Offering

– LaManna Direct described by The Age Melbourne newspaper as “probably Australia’s best supermarket” – June 2014

– Local shopping centre including Coles, bank, newsagency, Australia Post, pharmacy, printing and a range of dining options with an outdoor alfresco dining area

– Onsite childcare, making morning drop offs and evening pick-ups quick and easy

– BOUNCE and Fitness Addix Gym for before work and lunchtime workouts

– Doctor and dentist appointments could not be any easier

– DFO for lunchtime and after work retail therapy

– Whisky Distillery for after work drinks and unique meeting space

– Auto Centro for easy car servicing and a great deal on your next new car

– 166 room Hyatt Place hotel (opening early 2017) with adjoining restaurant, bar and events centre (opening November 2016)

– Access to some of Melbourne’s best schools including Lowther Hall, Penleigh Essendon Grammar, St Bernard’s College and Essendon Keilor College to name a few

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ESSENDON FIELDS

The Essendon Fields Value Proposition– ‘A’ Grade purpose built accommodation – Efficient floor plates tailored to suit

(no restriction by title boundaries)– Competitive commercial terms (78 hectares of developable

land, no holding cost on the land, non-residential use only and site conditions are known)

– Streamlined programs with no planning delays or planning process (within master plan approvals)

– Efficient car parking (on grade to multi-level strategy)– A commitment to quality building standards as Essendon

Fields is not only landlord but also long-term investor

Access to a Highly Educated Local Workforce Essendon Fields has a highly educated local workforce

on its doorstep with 1.6 million people living within a 30 minute drive time. Every day, 115,000 people commute from Melbourne’s North-West to work in the CBD.

Feedback from the local community is that people would prefer to work closer to where they live. This is consistent with Metropolitan Planning Authority’s (MPA’s) 20 minute neighbourhood concept that people want to work within 20 minutes of where they live.

Existing businesses have found improved staff satisfaction leading to significant operational benefits by moving to Essendon Fields (see IAG Case Study).

As one of the biggest job growth centres in the North West, Essendon Fields is working with the State Government, Moonee Valley City Council and local education institutions to develop a local talent pool of candidates for businesses that operate at Essendon Fields to tap into.

BUSINESS DISTRICT

A MODEL DIFFICULT TO REPLICATE

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ESSENDON FIELDS

Case Study – Insurance Australia Group (IAG)

“The investment is not about the facility alone, it is first and foremost about the people and culture.”

John S. Simpson - State Manager, IAG

People & Culture Benefits

– Staff able to work with greater flexibility (after hours and shorter shifts) as less likely to travel long distances

– Provides staff with more choice and more affordable transport

– People can afford to drive to work in the suburbs (no tolls)– Return to work parents are happier to put in longer hours

due to on-site car parking– Employee Value Proposition - safety, security

and convenience–Improved work-life balance and staff engagement results

through the improved conditions and conveniences– Good environmental standards and sustainability– OHS standards are of a high standard– Improved staff retention in suburbs due to proximity

to the workplace

Facility/Building

– Existing CBD fit out was sub-standard and inefficient– Opportunity to create a purpose built complex

for our business– CBD means high rental costs and expensive car parking

Fit Out for IAG – Property Council of Australia Innovation and Excellence award for Office Fit Out in 2010

“Our new offices comfortably accommodate our existing head office employees and will allow us to grow over the next 10 years.”Michael Ford - The Good Guys CEO

A MODEL DIFFICULT TO REPLICATE

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UNPARALLELED CONNECTIVITY

15 & 30 minute drive time - 9AM

15 & 30 minute drive time - 6PM

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– Only 10km from Melbourne’s CBD and 6.5km from Melbourne Airport

– Significant contra traffic flow benefits for those coming from the City or the Eastern suburbs

– Public transport options including a tram service every 6 minutes to the CBD in peak hour, and free private staff shuttle bus to Essendon station during morning and evening peak periods

– Connectivity to Melbourne’s established bike paths

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To view our current leasing opportunities or register your interest, please visit www.ef.com.au

Leasing Enquiries:Jodie SchickerlingHead of Property Essendon Fields P/[email protected]

+61 423 635 333

Mark BlamphinDevelopment Manager Essendon Fields P/[email protected]

+61 412 899 507