Australian Financial Review
13 October 2021
Private developer Pellicano will push ahead on a $260 million mixed-use hub in Melbourne’s south-east, tapping into a growing enthusiasm for suburban office destinations.
With planning approval already in hand, Pellicano is confident enough to launch demolition and plan to begin construction in February, before even locking in tenants pre-commitments.
On Chesterville Road in Moorabbin, the Common Grounds project will deliver 35,000 sq m of space, the bulk of it in five office towers that will incorporate co-working spaces. Some 2000 sq m of retail space is planned.