From aging asset to future-proof landmark: How strategic masterplanning and collaborative stakeholder engagement unlocked hidden long-term value for 101 Collins Street building.
Location
101 Collins Street Melbourne VIC 3000
Size
52-storey building
Services
Project and Construction Management
Challenge
The property owners sought to reposition the iconic 52-storey building at 101 Collins Street Melbourne as a premium offering within the commercial sector.
Approach
JLL was appointed as project managers for the masterplanning of the iconic 52-storey building at 101 collins street Melbourne to reposition the asset as a premium offering within the commercial sector.
The project required coordination with building asset managers and designers to determine scope, time and cost for building upgrades which included lobby works, façade upgrades, atrium works to enhance the user experience whilst maintaining the 101 brand identity. It also involved structural modifications and redesign to suit new business requirements.
JLL engagement and responsibilities included:
- Project and construction management coordinating deliveries/trades in a live office environment
- Internal stakeholder briefing workshops, consultation and approvals
- Understanding different functions/zones to ensure premium offerings for tenants
- Consultant procurement and design management
- Early discussions with city council
- Cost Planning and budget alignment
- Construction execution plan listing specific project methodology and risks
Result
The masterplanning process successfully transformed 101 Collins Street into a reinvigorated premium landmark in Melbourne’s commercial landscape, enhancing the building’s market position while creating a more welcoming, functional environment that reflects it premium status. Through strategic improvements, the result is a high quality product that seamlessly integrates within the existing building, and which delivers to client’s vision.
