Developers offer maximum exposure at West Perth site

CONSTRUCTION is nearing completion on the Giorgi Group’s commercial development on the former Rainbow Signs site in West Perth.

The development, on the corner of Railway Parade and Colin Place, is the first of three significant commercial projects located in the new developments in East Perth and Subiaco.

The Centra 118 development in West Perth is due for completion this April, while work is expected to begin in February on a $3 million commercial development on the corner of Royal and Bennet streets in East Perth.

Centra 118 has attracted considerable interest, with 60 per cent of the development already sold.

Tenants in the new development will include health industry recruiter Bell Health and a travel agency.

The design of the strata titled office complex has been designed by Giorgi Architects to allow for maximum street exposure for each tenant.

“It’s a series of building sections that have their own entries and signage exposure,” Giorgi Group managing director Guido Giorgi said.

The design of the development utilises a range of materials, including recycled red brick, limestone cladding, metallic cladding and concrete.

“The design was such that it could allow for a 200 metre square landscaped forecourt,” Mr Giorgi said.

“They (Giorgi Architects) felt the corner needed to be softened.

“We come from an industrial background and it’s the first commercial development of this nature for us and for the area.”

The other businesses along Railway Parade include Supreme Printers and Q Multimedia. These are both housed in warehouse-style buildings with client parking directly in front of the premises.

When the Giorgi Group initially purchased the site in West Perth in March 2001 it was the group’s first foray into commercial development.

The commercial interest in the Centa 118 development has prompted further commercial developments, particularly on former industrial sites.

Work on a third commercial project in Subiaco is expected to commence in six months, however Mr Giorgi said the group was keen to wait and see how the development in East Perth evolved.

The $6 million project will be built on land the Giorgi Group has bought at the intersection of Hay Street, Outridge Crescent and Agnew Street.

The development in East Perth will be similar to one in West Perth, which combines commer-cial with some retail use.

“Essentially it’s 100 per cent commercial. We don’t believe in putting residential development over commercial,” Mr Giorgi said.

“I think it compromises the corporate image of offices.”

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