Investa, Eureka offer glimpse of new QV1

Co-owners Investa Property Group and Eureka Real Assets have unveiled the look of Perth CBD’s newest food precinct, the $6.5 million first phase of nearly $150 million worth of redevelopment works at 43-level office tower QV1.

Midway through last year, Investa and Eureka lodged a development application for a major expansion at QV1, including two new office towers, at 13- and eight-storeys respectively, with City of Perth documents indicating the project would cost $147 million.

The first stage of that works program will be known as ‘The Grounds’ , and will comprise a range of premium food and beverage retailers.

One of the initial permanent tenants will be Mary Street Bakery, which has been operating a pop-up outlet at QV1 since late last year.

Mary Street Bakery owners Michael Forde and Paul Aron will also open a tavern-style venue when The Grounds is completed at the old Bar One, known as Quo Vadis Baby in a nod to the building’s name. bestowed on it by its original architect, the late Harry Seidler.

The remainder of the offering will comprise premium bars, casual dining and ‘grab & go’ venues.

Eureka fund manager Brett Dillon said The Grounds would bring a fresh identity to an area of the city that has been drawing significant attention in recent years.

“The western end of St Georges Terrace continues to strengthen, with a number of new projects, including the pending completion of Capital Square, as well as the new Perth Arena and Channel 9’s new offices,” Mr Dillon said.

“We are committed to attracting Perth’s top tier organisations, while also ensuring that the building complements the significant redevelopment seen in the area over the past few years.”

The Grounds, designed by HASSELL, is scheduled to be complete by the end of the year.

HASSELL principal David Gulland said a key feature of The Grounds would be a steel and glass rooftop with a circular opening, called an oculus, to utilise canopy trees and other natural elements.

“The rooftop structure will be surrounded by lush, green trees and vibrant floral features, generating shade, wind protection and ultimately a relaxing, usable space for retailers and customers,” Mr Gullund said.

“The revitalisation of the QV1 plaza draws inspiration from the global trend of creating flexible open areas with dynamic, interactive spaces for meetings, cultural events and restaurants and bars.”