Emerald Place sparks a revolution in South Melbourne’s business landscape

30 November 2023

A new era of office spaces is coming soon to South Melbourne with the unveiling of Emerald Place, an exceptional project developed by design-led developer Lowe Living in collaboration with development partner ICON Developments, a wholly owned subsidiary of Japanese property giant Kajima Corporation.

Following a fast-tracked planning permit within four months, the two groups continue to remain focused on delivering a market-leading design, leading build quality and a high-quality end product. Promising to deliver a significant addition to the area’s vibrant urban landscape, the project’s design partners include globally renowned architect, Woods Bagot and acclaimed landscape architect Acre.

Ana Sá, Associate Principal at Woods Bagot highlights:

“Emerald Place represents a prominent corner statement and a contemporary interpretation of Victorian charm that sits sympathetically within its South Melbourne context.

“Drawing inspiration from the ubiquitous corner pubs, the design principles of detailed brickwork and a strong vertical grid have informed the project’s narrative. The polychromatic brickwork references the local 19th-century palette in a uniquely contemporary expression for a timeless architecture that is truly of its place.”

This cutting-edge mixed use residential and commercial building located at 182-200 Clarendon Street, South Melbourne, is located in the heart of South Melbourne, with unparalleled accessibility to the vibrant South Melbourne Market and the bustling Melbourne CBD, ensuring the perfect balance between work and leisure.

Emerald Place comprises an exclusive offering of only 12 premium strata office tenancies available for sale, strategically positioned on Level 1 and 2. Two tenancies have already been secured.

These offices are designed to meet the diverse needs of businesses, allowing them to thrive in a dynamic environment and offer first-class end-of-trip facilities, abundant natural light, and the freedom to create your own space with panoramic city views. Additionally, each office comes with dedicated car parking, offering convenience and ease of access for both employees and clients.

For sale through Cushman & Wakefield’s Anthony Kirwan, George Davies and Jeff Ha, Emerald Place anticipates the future needs of businesses with the upcoming Anzac Train Station in 2025, which will further enhance the connectivity of the precinct, making it an even more attractive destination for businesses seeking growth opportunities.

According to Anthony Kirwan of Cushman & Wakefield, “Emerald Place addresses the pressing demand for high-quality office spaces available for private ownership in South Melbourne. Small and medium-sized businesses in the area now have the opportunity to own an asset that matches the quality and amenities of the best office buildings in the region.”

“With many businesses in South Melbourne currently paying exorbitant rents ranging from $500/sqm to $700/sqm, Emerald Place stands out as a pioneering project.

“Emerald Place offers businesses the chance to invest in their future by owning a premium office space, echoing the quality and amenities of renowned office buildings like 101 Moray Street (Centuria) and ‘Market Lane’, 68 Clarke Street by Hickory”, said George Davies.

Lowe Living’s Founder and Managing Director, Tim Lowe, shares:

“We are thrilled to introduce this exceptional project to the market, a true gem in the heart of South Melbourne’s vibrant lifestyle district. Emerald Place is the epitome of our dedication to excellence and innovation. With a focus on luxury for owner-occupier tenants, every detail of this development has been meticulously crafted to meet the expectations of our discerning clientele and provide them with a desirable lifestyle right at their doorstep.”

ICON Developments Chief Executive Officer Matthew Bourke comments:

“Sharing our values for design-led development, Lowe Living’s expertise in curating buyers’ needs to market expectations enables us to deliver a unique project in a highly desirable city-fringe location, ripe for mixed-use development and community building. We’re delighted to be partnering with Lowe Living on Emerald Place and look forward to working together into the future.”