Bringing the new City Centre to life.

With completion in sight, Evans Long presents the first glimpse of the façade at Foundation Place, the first development within SunCentral, Maroochydore’s new City Centre. Intertenancy walls have been completed ready for tenancies to start their fit-out.

Do you and your business want to be a part of the new City Centre? Please contact Daniel Vella of Colliers International on 0422 373 990 for further information. 

Exciting times at Foundation Place last week with the topping out of the building.

With completion due late September 2020, we look forward to unveiling the façade in the coming months.

Businesses interested in securing space at Foundation Place can contact Daniel Vella of Colliers International on 0422 373 990.

THE first commercial building in the new Maroochydore city centre is set to be finished by September.

Foundation Place, an Evans Long development, already had 65% of the building committed to a range of tenants.

Construction was progressing, with the sixth level recently finished, leaving just two levels to be built before tenants could access the building from October.

Evans Long director Matt Evans said he was pleased that construction has surged ahead and leasing inquiries had held firm during the pandemic.

“There have been no delays as our head contractor procured mechanical items early and engaged local firms for glazing systems,” Mr Evans said.

“We have also completed the on-site Envac system which will connect to the CBD’s Automated Waste Collection System which in turn will connect to the transfer station building off Carnaby Street prior to commissioning of the system later this year.

“SunCentral’s move to construct 200 at grade car spaces, including disabled parking spaces and motorbike parking has also provided certainty to the market which has resulted in several recent commitments.”

JLL Sunshine Coast Director Matthew Gould said securing 65% tenancy commitment for the Foundation Place commercial building was an excellent achievement in the current economic climate.

“To have this level of commitment four months out from completion is a terrific result and supports the commitment made from Evans Long to the precinct. The building design and green credentials, as well as its central position in the heart of the new Maroochydore CBD has been well received in the market place,” he said.

“The new Maroochydore CBD will have a continuing positive impact on the Sunshine Coast economy and those tenants who have already committed to space in Foundation Place will benefit from getting in early and securing offices in what is expected to become the heart of the Sunshine Coast business community.”

There is nothing holding back the development at Foundation Place.

With the completion of structure to the sixth level we are only two levels away from topping out. Internal framing has begun, glazing is underway and the building is starting to take shape.  We look forward to structural completion in the coming month and watching the façade take shape.

Businesses interested in securing space at Foundation Place can contact Daniel Vella of Colliers International on 0422 373 990.

We’re excited!

Today we celebrated a big milestone —not only for Foundation Place and our Evans Long team, but for the Maroochydore CBD— withthe first crane in the new precinct being erected on our site.

This is another first, after Foundation Place celebrated being the first building to come out of the ground in the greenfield CBD in July, and the crane is expected to be the first of many on the CBD skyline in the years ahead.

Evans Long Director Matthew Evans said as a developer it was great to see cranes erected around the Sunshine Coast because it indicates a robust economy.

“Foundation Place is really setting the tone for the Maroochydore CBD — this is the first crane for the first building in a precinct which is going to revolutionise the Sunshine Coast in so many ways,” said Mr Evans.

“The CBD will have an enormous impact on the economy and we’re really excited to be a part of the journey from the very start. Those who have already come on board and committed to space in Foundation Place can see the benefit of getting in early and securing offices in what will soon become the heart of the Sunshine Coast business community.”

Foundation Placehas received strong interest from businesses wanting to move in when we open the doors late next year and 50% of the space is already committed, including a law firm, a consulting firm and a construction company.

 “These businesses will make their mark on the Maroochydore business precinct, overlooking the parkland of Foundation Square and will be situated diagonally opposite the soon-to-be developed Sunshine Coast Council City Hall which will provide office space for 600 council staff,” said Mr Long.

SunCentral CEO John Knaggs said he was pleased that a well-established local company such as Evans Long had taken the lead to construct the first commercial building within the new city centre.

“The Evans Long team should be commended for their foresight in the development of Foundation Place, everything from the design through to its eco-credentials ensures it will be a landmark building which sets the tone for other developments within the new city centre,” said Mr Knaggs.

“It’s also very pleasing to hear that demand is strong with the building already 50 per cent tenanted to a broad cross section of businesses.”

SunCentral is currently reviewing Expressions of Interest for the next stages of land within the CBD.

Businesses interested in securing space at Foundation Place can contact Daniel Cullinane of Transact Property Group on 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.

Foundation Place is expected to be open for business in late-2020 which is around the same time the Sunshine Coast Submarine Broadband Cable and the International Airport runway are expected to be operational.

“2020 will be a massive year in terms of infrastructure milestones for the region and we’re on the right track to developing a sustainable, eco-friendly and liveable city,” said Mr Evans.

“The Sunshine Coast is featuring on the world stage being named in the Top 7 Intelligent Communities of 2019 and we can be very proud of how the Coast is maturing and the opportunities this will bring to the region.”

Foundation Placeis getting behind the sustainable eco-friendly philosophy of SunCentral, signing a commitment agreement to achieve a Five Star rating under the National Australian Build Environment Rating System (NABERS) as well as including a green wall, solar panels, energy-efficient air-conditioning and lightning.

“The Sunshine Coast is well-positioned for incredible growth and we’re already seeing that with the type of businesses who are enquiring – there is a great sense of excitement in the economy with the international runway, CBD, Broadband Submarine Cable and so much more happening in the region,” Mr Evans.

“We’re on track with the project at the moment and expect to pour the first slab by the end of the year.

“We are already employing 12 people on site which will increase to 30 as the project progresses.  This does not take into account the countless subcontractors who will contribute to this project. This is the start of significant job creation on the Sunshine Coast with the entire CBD development expected to generate 15,000 jobs over the life-span of the 20-year project.”

Foundation Place will comprise 5,006sqm of floor space over eight storeys, incorporating a ground floor retail space with 77 car parking spaces.

If you’d like to find out more about Foundation Place and the opportunities available, give one of the Daniels a call. Daniel Cullinane of Transact Property Group m: 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.

Hotspotting’s specialist property researcher and writer Terry Ryder who has been commentating on residential property for over 35 years, has his sights firmly set on the Sunshine Coast.

In a recent article written for the Property Observer,Ryder notes that while many commentators are placing great significance on interest rate reductions as a prime driver of real estate markets, he is much more interested in what’s going on the coalface of local economies. 

He puts a high rating on the Sunshine Coast as a market that investors of all kinds should be considering and even goes so far as to say the Sunshine Coast has the nation’s most compelling growth story.

We agree, with an infrastructure program of over $20 billion, there are great opportunities ahead and Foundation Placeis perfectly poised to capitalise on this great investment.

>> Read more here

Construction is well under way in the new Maroochydore CBD, as can be seen this time-lapse video of the Foundation Place site.

If you’d like to find out more about Foundation Place and the opportunities available, give one of the Daniels a call. Daniel Cullinane of Transact Property Group m: 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.

(L-R) Foundation Place agents Daniel Cullinane of Transact Property Group and Daniel Vella of Colliers International.

Keen to find out more about Foundation Place? We recommend you get to know not one Daniel, but two!

Foundation Place agents Daniel Cullinane of Transact Property Group and Daniel Vella of Colliers International, are two experienced agents working together to help businesses interested in taking space at Foundation Place.

Deeply connected in private and institutional property circles, Daniel Cullinane (we call him Daniel C!) brings a wealth of knowledge and experience to both Transact Property Group and the Sunshine Coast commercial property market.

Daniel C is not the average real estate agent, his deep understanding of the analytical side of direct property investment, portfolio optimisation, financial analysis and development feasibility allows him to offer a multi-dimensional service to his clients to supplement his market leading transactional capability.

It could be his exceptional attention to detail and dynamic energy that sets him apart from his competitors, however, Daniel C knows that it is the values from his country upbringing that set him apart in life.

“I take the greatest pride in knowing the importance of a handshake and holding the highest standards of integrity, honesty and reliability at the forefront of allthat I undertake,” Daniel C said.

On the other hand, Daniel Vella (aka: Daniel V) is the Senior Executive Commercial Sales and Leasing at Colliers International. Boasting 15 years’ experience in the real estate industry, Daniel V’s career started in residential project marketing moving through to development acquisitions, and commercial sales and leasing.

Daniel V says working with businesses on the Sunshine Coast is the best job in the world.

“I really enjoy selling and leasing of strata titled commercial premises here on the Coast,” he said.

“Commercial transactions are my consuming passion; being upfront, open and delivering what is promised is important to me.”

If you’d like to find out more about Foundation Place and the opportunities available, give one of the Daniels a call. Daniel Cullinane of Transact Property Group m: 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.

L-R: John Knaggs, Dirk Long, Matt Evans and Mayor Mark Jamieson. Photo – Cade Mooney

It is official: Maroochydore City Centre – the Sunshine Coast’s new Central Business District – is underway with the first sod turning to be held at its landmark commercial building, Foundation Place, this morning.

The $30 million, cutting-edge commercial premises is the first building to emerge in the core commercial area in what will become the new heart of the Sunshine Coast, and is being delivered by experienced and locally-based developers Evans Long

Evans Long Partner, Matt Evans said it was rewarding to see the project reach this point in its development.

“In delivering Foundation Place, we are achieving a lot of firsts, and the entire Evans Long team are proud to witness the sod-turning of this innovative building take place today,” Mr Evans said.

Carrying serious eco-credentials, Foundation Place is the first privately owned building on the Sunshine Coast to sign a commitment agreement to achieve a Five Star rating under the National Australian Built Environment Rating System (NABERS).

In keeping with the ethos of SunCentral, environmentally sustainable features include the Coast’s first green wall, solar panels, energy-efficient air-conditioning and lighting and the smart use of natural light and ventilation.

“Foundation Place is aptly named as this cutting-edge building is going to set the tone for what is to come in the new Maroochydore City Centre,” Mr Evans said.

Sunshine Coast Council Mayor Mark Jamieson said today’s sod-turning represented an exciting milestone for the new Maroochydore City.

“It is truly rewarding to be part of the commencement of construction for the first commercial building to come out of the ground in what will be Australia’s most contemporary, sustainable and connected city,” Mayor Jamieson said.

“I cannot think of a better way to embark on the journey than with a landmark building that represents the values and principles behind the new CBD: innovation, sustainability and world-leading.”

The new Maroochydore City Centre has been designed for the 21st Century, breaking new ground with its extensive use of smart technology to create a cleaner, greener, more liveable and dynamic city centre.

Mr Evans said as the City Centre’s first commercial offering, Foundation Place is set to achieve a new level of office and retail accommodation not seen before on the Sunshine Coast.

“With eight levels overlooking the CBD’s Urban Square – which is all that separates this development from the new Sunshine Coast Council City Hall which will be home to more than 600 council employees – Foundation Place is perfectly positioned for forward-thinking businesses who desire modern facilities, convenience and to be one of the first to take advantage of the new CBD,” he said.

Foundation Place is expected to be open for business in mid-2020.

Businesses interested in securing space at Foundation Place can contact Daniel Cullinane of Transact Property Group on 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.