Foundation Place remains on track for CBD

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

CONSTRUCTION UPDATE: Dirk Long (Evans Long) and Matthew Gould (JLL) at Foundation Place construction site in Maroochydore's CBD. Photo: John McCutcheon / Sunshine Coast Daily

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 per cent 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.”

CONSTRUCTION UPDATE: Dirk Long (Evans Long) at Foundation Place construction site in Maroochydore's CBD. Photo: John McCutcheon / Sunshine Coast Daily

JLL Sunshine Coast Director Matthew Gould said securing 65 per cent 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.”

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