Darwin Corporate Park
Budget | $45m |
Client | Berrimah Holdings |
Completion | 2015 |
Size | 10,000 sqm |
Strategically located in what is now recognised as the centre of greater Darwin, Darwin Corporate Park is the new benchmark for mixed-use commercial office space and amenities.
With a 5.5 Star NABERS rating, over 500 secure basement car parks, nearly 200 ground level car parks, CCTV and secure access, prime End-of-Trip facilities including secure bicycle storage, and a quality onsite café, Darwin Corporate Park caters for all tenants and visitors any time of day.
The DixonGroup was one of only very few local developers capable of controlling an entire project lifecycle – from site selection, negotiation and purchase, feasibility and debt financing, to design, construction, leasing and ongoing property management.
Early in the construction phase the global mining boom had come to a quick end, the local $40b INPEX project was winding down and the Darwin economy was suffering. By the time construction of Darwin Corporate Park had finished vacancies in commercial office space locally had escalated to 20% and the majority of the park was still vacant.
By using their networks, and marketing expertise, the DixonGroup was able to promote the product, backed up by the construction quality, clever design and prime location, the building was 85% leased within 18 months.
Coordinating the successful development of this long-term asset for the client required the DixonGroup to leverage its professional reputation, prove its transparency even in difficult times, and draw on all its integrated services for competitive advantage. The DixonGroup successfully took the relationship further, taking a 25% stake in the exciting Darwin Corporate Park investment with their client
Visit the Darwin Corporate Park website for more information on the Park amenities, tenancies and availability.