Vicinity secures first tenant at Chadstone’s office tower, One Middle Road

Leading homewares retailer Adairs will move its national headquarters to Chadstone’s One Middle Road, as the demand for A-Grade office spaces outside of the traditional CBD continues to grow.

Adairs has secured more than 5,500 sqm of combined office and studio space in the One Middle Road office building, gaining access to the building’s exclusive amenities including an outdoor sky garden, business lounge and first-class end of trip facilities.

One Middle Road pairs exceptional quality of design with strong sustainability aspirations. Designed by leading global architects Hassell, it will be all-electric to reduce greenhouse gas emissions and target a 5 Star Green Star rating, reflecting industry best practice.

Due for completion in 2024, One Middle Road delivers on Vicinity’s vision for Chadstone to become Australia's leading integrated lifestyle destination where visitors can shop, dine, work, play and stay.

Vicinity Chief Development Officer, Carolyn Viney, said, “As part of our mixed-use strategy, we’re bringing CBD-quality workplaces to our suburban retail centres, delivering outstanding amenity and an exceptional experience without the commute.

“The new One Middle Road is set to revolutionise the office experience for Melbourne’s south-east, with the convenience of everyday retail and dining at its doorstep, and services including on-site childcare and wellness facilities supporting employers’ desire to offer the best in work-life balance.

Adairs’ Managing Director and CEO, Mark Ronan, said, “We are looking forward to providing our Customer Support Office team with a modern, functional and sustainable workplace at one of the best locations in Melbourne. At One Middle Road, our team will have easy access to our store, first-class facilities and the convenience of all that Chadstone Shopping Centre has to offer.”

The One Middle Road office tower is one of four Chadstone projects currently under construction, in addition to a new fresh food precinct - The Market Pavilion, the new dining and entertainment precinct - The Social Quarter and the addition of 1,400 new car parking spaces representing an investment of more than $600 million at the centre.

This significant investment in the centre’s development is a further step towards recognising the important role Chadstone plays at the heart of an emerging 20-minute city in Melbourne’s south-east.

Colliers' Rob Joyes and Travis Myerscough managed the deal on behalf of Vicinity and have continued to receive enquiries from retailers seeking to relocate their HQs to fringe and metro areas.

Chadstone is co-owned by Vicinity Centres and the Gandel Group.

Once complete, One Middle Road will contribute to a combined total of over 50,000 square metres of commercial office space at Chadstone

One Middle Road will offer an A-grade market-leading workspace with large, flexible 2,250 square metre campus style floorplates

The total development is expected to generate more than 2,000 direct and indirect full-time jobs with construction of One Middle Road creating 410 jobs

Premium lobby experience and reception with direct access to the front door drop off point

600 square metres outdoor sky garden for al fresco working or corporate events

On-site childcare facilities for One Middle Road office workers to meet demand from the large primary trade area market

The new 20,000 square metre One Middle Road office building will directly integrate with the fresh food and dining precinct, The Market Pavilion, currently under construction

One Middle Road will be delivered in collaboration with leading consultants Hassell, Robert Bird Group, ADP Consulting, Inhabit Group plus John Holland as the builder

Sustainability-focused design, including:

• 5.5 Star Green Star rating (as certified under the buildings v1.0 tool)

• 5.5 Star NABERS Energy rating

• Climate Active Zero Energy certification

• First-class end of trip facilities encouraging sustainable commuting, delivering 21 showers, 200 lockers and 200 bike spaces

• Abundance of natural light

Unrivalled accessibility:

• Only three minutes from the Monash Freeway, One Middle Road will feature a landmark porte cochère arrival experience

• Access to 560 dedicated parking spaces

• One Middle Road is connected to the Djerring Trail and Scotchmans Creek Trail cycling routes as well as the broader green loop cycling track which links 25km of pathways.

Colliers represented Vicinity in the Adairs leasing deal. ResolveXO tenant advisory represented Adairs in their accommodation review and lease deal.