Major media company, Seven Network will relocate its Melbourne operations to Lendlease's mixed-use Melbourne Quarter precinct in early 2025.

Relocating from 160 Harbour Esplanade at Docklands, Seven Network will occupy c.4,500sqm across levels 3 and 4 of Melbourne Quarter Tower, the precinct's flagship commercial building that is currently under construction.

Seven's new headquarters will feature a state-of-the-art workplace and a high-tech news broadcast studio that will support the network's digital future.

Located on Collins Street and opposite Southern Cross Station, Melbourne Quarter Tower will span 34 levels and is scheduled for completion by mid-2024. It will be the final commercial building delivered in the Melbourne Quarter precinct.

Designed by global architects Woods Bagot, the building's design will provide large light-filled floorplates and allow daylight to spill into the precinct's public spaces, while adorned with an impressive rooftop.

The completion of Melbourne Quarter Tower will see an additional 3,000sqm of vibrant retail added to the precinct with food and beverage outlets.

It will also see the creation of new laneways including a direct link between Flinders and Collins streets, connecting the precinct's commercial, retail and residential offerings, including Lendlease's new build-to-rent development in delivery.

Melbourne Quarter Tower will target leading international standards in wellness and sustainability, with a 6 Star Green Star Design & As Built, 5 Stars NABERS Energy with renewable electricity to the base building, and a WELL Platinum Core and Shell rating.

Seven Network will join Melbourne Quarter Tower's anchor tenant, Medibank, one of Australia's largest private health insurers.

Workers and visitors alike will enjoy access to some 7,000sqm of technology-enabled green spaces and parks in the precinct including Melbourne Quarter's famed elevated Sky Park.

Once complete, the Melbourne Quarter precinct will comprise approximately 150,000sqm of agile commercial space for over 14,000 employees, and more than 3,800 residents.

National Pension Service of Korea (NPS), one of the world's largest pension funds, acquired a 100% interest in Melbourne Quarter Tower in 2021. The investment is managed on its behalf by Lendlease.

Quotes attributable to Tom Mackellar, Managing Director Development, Lendlease

'The relocation of Seven Network reflects the growing demand we're seeing for premium, mixed-use office precincts like Melbourne Quarter that enhance the workplace experience, support productivity, and help companies to attract and retain talent.

'With doorstep access to transport, quality amenity and services, along with a focus on wellness and sustainability and tech-enabled flexible workspaces that can adapt to future business needs, Melbourne Quarter Tower represents the next generation of office our tenant partners are looking for.'

Quotes attributable to James Warburton, Managing Director and Chief Executive Officer, Seven West Media

'Docklands has been a fantastic home for Seven Melbourne for more than two decades, but the time is right to move to a new, more advanced facility, one specifically designed for our digital future.

'Melbourne is a critically important market for Seven and the home of some of our most valued partners, including the AFL and Cricket Australia. Our new operation in Melbourne Quarter Tower reflects the priority we place on Melbourne and will be a fantastic workspace for our people.'

Contact:

Nat Burcul

External Affairs Manager

Tel: +61 401 919 927

Email: Nat.burcul@lendlease.com

Neil Shoebridge

Tel: 0417 511 012

Email: neil@skmediagroup.com.au

About Lendlease

Lendlease (ASX:LLC) is a globally integrated real estate group with core expertise in shaping cities and creating strong and connected communities. Founded in 1958, we're listed on the ASX and operate across Australia, Europe, Asia and the Americas.

We manage funds and assets for some of the world's largest real estate investors. We have a strong track record in creating award-winning urban precincts where communities thrive, and delivering essential civic and social infrastructure.

About the Seven Network

The Seven Network is part of Seven West Media (ASX: SWM), one of Australia's most prominent media companies, with a market-leading presence in content production across broadcast television, publishing and digital. The Seven Network alone reaches about 17 million people a month.

The company owns some of Australia's most renowned media businesses, including the Seven Network and its affiliate channels 7two, 7mate, 7flix and 7Bravo; the digital platform 7plus; 7NEWS.com.au; The West Australian and The Sunday Times. The Seven Network is home to Australia's most loved news, sport and entertainment programming, including 7NEWS, 7NEWS Spotlight, Sunrise, The Morning Show, The Voice, Home and Away, Australian Idol, My Kitchen Rules, SAS Australia, Farmer Wants A Wife, The Chase Australia, Better Homes and Gardens, RFDS, The 1% Club and the TV WEEK Logie Awards. Seven Network is also the broadcast partner of the AFL, Cricket Australia and Supercars.

(C) 2024 Electronic News Publishing, source ENP Newswire