World-renowned tech company Amazon sets up shop in Victoria, bringing in more jobs with the help of the Victorian Government.
Minister for Economic Development Tim Pallas joined Lord Mayor of Melbourne Sally Capp and other project partners to turn the first sod on 555 Collins Street for the new Amazon office. The $1.5 billion project was fast-tracked by the Victorian Government.
“This is exactly what our Building Recovery Taskforce was set up to do – find projects that will boost our economy and support Victorian jobs,” said Minister Pallas.
“This investment will contribute billions of dollars to the Victorian tech economy in the next 10 years, cementing our position as the innovation state.”
The first tower is expected to create more than 1,500 jobs during construction. It is also expected to accommodate about 4,500 workers once it is built.
The tower will be anchored by global tech company Amazon. Amazon announced last year that it will open a second fulfilment centre in Victoria in order to serve its retail customers. The tech company also plans to develop a new AWS cloud infrastructure region in the state — drawing in on the state’s highly skilled people, innovative culture and strong tech capabilities.
The entire project will consist of two towers. A total of 84,000sqm of Premium Grade office space and over 2,300sqm of retail across two stages are set to feature world-leading tech-enabled environments and health-and-wellness facilities.
“We’re excited to be part of the reinvigoration of Melbourne CBD, by strengthening our local presence in the Victorian economy,” said Managing Director Australia & New Zealand of Amazon Web Services Adam Beavis.
“Melbourne has a rich community of innovators, and we are looking forward to bringing Amazon’s growing local workforce to 555 Collins Street so we can continue to invent and innovate on behalf of customers across our Amazon and AWS businesses in Australia.”
The 555 Collins St project is the result of a collaboration between fund manager Charter Hall as the owner and developer, Cox Architecture, global design practice Gensler, and Lendlease Constructions. It secured its planning approval from the Government under the Building Recovery Taskforce in May 2020.
The Building Recovery Taskforce, which was established to identify and accelerate shovel-ready priority projects, has fast-tracked more than $1.2 billion worth of building and development projects to boost Victoria’s economy and create more Victorian jobs.