Tall & Urban News

WA Premier Mark McGowan turned the first sod signaling the start of construction on Chevron Australia’s new headquarters at One The Esplanade in Elizabeth Quay, Perth.

It is expected that about 1,200 jobs will be created on-site during development and construction, with major flow-on work through local contracts.

Brookfield Properties and Multiplex have partnered with Chevron to develop the new 30-story tower, which will provide 57,000 square meters of office and retail floor space and is capable of housing about 3,000 people, at the corner of Barrack Street and the Esplanade at Elizabeth Quay.

The building will be anchored by Chevron and will include childcare and gymnasium space with retail tenancies and café/restaurants on the ground floor, and is expected to be completed by mid-2023.

The new tower, with a construction value of AUD$362 million (USD$242 million), is the latest development to Brookfield’s suite of significant investments in the Perth market, which will bring more life into the Perth central business district precinct.

Chevron is a significant investor and leading employer in Western Australia. The company operates the Gorgon and Wheatstone natural gas facilities and manages its equal one-sixth interest in the North West Shelf Joint Venture.

Chevron continues to work closely with the State and industry through the WA Government’s Liquified Natural Gas (LNG) Jobs Taskforce to develop local industry capability and promote opportunities for local businesses to win operations and maintenance work at its natural gas facilities.

Recently, Chevron together with its joint venture partners helped Australia replace Qatar as the world’s biggest exporter of LNG. Production from WA accounted for 57 percent of the national total of 77.5 million metric tons (85.4 million US tons) of LNG exported in 2019, surpassing Qatar’s estimated total. 

For more on this story, go to Get Business.