HATCH Building owner and developer Bradley Moore has changed his plans to develop a warehouse on his 126-144 Stirling Street site and is instead planning to develop a $15 million office building.
Last week the City of Perth council approved his development application for a six-level office building yielding 12,600 square metres of office space and minor retail, tenant and public car parking facilities.
In January 2001 council had approved the construction of a warehouse and a mixture of 201 tenant parking bays and 66 short-stay public parking bays, on the site.
Mr Moore said the site was more appropriate for an office building than a warehouse development, which he no longer required for his own use.
“It is close to the city, there is plenty of parking and it easy to get to and get away from. Subiaco is congested by comparison,” he said.
Mr Moore said he perceived a demand in the market for a development of the size he was proposing and did not expect to see tenants willing to pay for a larger tower type development.
The office building is to be built on the southern portion of the site currently used as car parking for the ten-ants of the existing Hatch Building.
In the development proposal the existing car park will stay as a basement to the new building and house 201 cars for the exclusive use of the tenants and be accessed via a crossover from Aberdeen Street.
The public car park will be accessed from Stirling Street and provide public parking for a maximum of 330 cars.