HWL Ebsworth Lawyers

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<p>The last week has seen two noteworthy commercial leasing deals unveiled as major tenants secure space for their operations.</p>

<p>The latest sees Cbus Property add another premium tenant to their Collins Arch project, with HWL Ebsworth Lawyers taking near on 6,500sqm of space alongside initial tenant King &amp; Wood Mallesons. Following last week's official ground breaking ceremony held onsite, HWL Ebsworth Lawyers' arrival now sees 30% of total commercial space within the project accounted for.</p>

<p>Securing levels 8-10, the HWL Ebsworth Lawyers deal leaves roughly 30,000sqm of commercial space as still available within the uniquely shaped skyscraper. Cbus Property will seek to secure further commercial commitments for Collins Arch which will be completed during 2019.</p>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cbusproperty_collinsarch_hero_image1.jpg" rel="gallery-all" title="Collins Arch's commercial component has received a further boost"><img alt="" class="image-article-full-width-580px" height="416" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/cbusproperty_collinsarch_hero_image1.jpg?itok=dwUr2GL9" title="Collins Arch's commercial component has received a further boost" width="580"></a>

<figcaption>Collins Arch's commercial component has received a further boost</figcaption></figure><h2>What they say</h2>

<blockquote>
<p>We are delighted to have committed to what we believe will be the most impressive building to be constructed in Melbourne in recent memory, clearly a future landmark. Collins Arch will boast amenities and environmental credentials that mirror the standards expected by a firm like ours and by our quality clients.</p>

<p>447 will offer both the high quality and attractive location we want for our staff.</p>
<cite>Juan Martinez, Managing Partner, HWL Ebsworth Lawyers</cite>
</blockquote>

<blockquote>
<p>Securing our second tenant, resulting in 30% of the commercial space already committed, really solidifies the importance business leaders are placing on workplaces of the future,</p>

<p>Targeting Melbourne’s first WELL-rated building, we are proud to offer a truly remarkable precinct, with leading design at all levels</p>
<cite>Adrian Pozzo, Chief Executive Officer, Cbus Property</cite>
</blockquote>

<blockquote>
<p>This prestige site is easily the most envious location for office space in Melbourne right now, if not Australia.</p>

<p>An external terrace on level nine fronting onto Collins Street presented a rare opportunity for the new tenants who have shown they value not only location but amenities, which will enhance the working environment and assist them in attracting and retaining leading legal talent.</p>
<cite>Andrew Beasley, National Director of Office Leasing, Colliers International</cite>
</blockquote>

<p>The HWL Ebsworth Lawyers deal follows on from <a href="http://www.afr.com/real-estate/commercial/qic-wins-macquarie-for-landmark-collins-st-tower-20161005-grvceu#ixzz4MFzmw1l9">last week's reporting</a> that QIC are poised to land Macquarie Group for their long-delayed 80 Collins Street.</p>

<p>With Multiplex signage adorning the vacant site for some time, construction now looks increasingly likely to begin in earnest following AFR's reporting of the lease deal. Macquarie Group is expected to have firmed on 6,000sqm within the Woods Bagot-designed commercial tower, which shapes as being on of the tallest delivered in Melbourne since the commercial boom of the early 1990's.</p>

<p>The pending deal with Macquarie Group bolsters the project, which also features a reworked retail podium surrounding Nauru House and a hotel fronting Little Collins Street. Singapore-based SilverNeedle have taken rights over the hotel component, with the suites to be operated under their NEXT Hotel brand.</p>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_0241.jpg" rel="gallery-all" title="664 Collins Street moving on up"><img alt="" class="image-article-full-width-580px" height="408" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_0241.jpg?itok=aIJ7CwZ_" title="664 Collins Street moving on up" width="580"></a>

<figcaption>664 Collins Street moving on up</figcaption></figure><p>Melbourne's commercial construction activity is tracking on an upward curve.</p>

<p>Rialto's regeneration and Mirvac's 664 Collins Street have been the only projects of note under construction and north of the Yarra for some time, with Mirvac also approaching completion for PwC's tenancy at 2 Riverside Quay on Southbank.</p>

<p>With a host of commercial projects in the pipeline, the commencement of Collins Arch and the likelihood of 80 Collins Street forging ahead will also serve to boost commercial construction activity which has taken a back seat to Melbourne's residential boom in recent years</p>
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silvermb

Commercial intentions fall into place as Cbus Property secures another tenant for Collins Arch

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<p>State wide changes to the Bushfire Management Overlay (BMO) mapping and the <em>State Planning Policy Framework - Bushfire</em> are proposed to be introduced via a Ministerial amendment shortly.</p>

<p>The peri-urban areas of Melbourne will be affected by the updated BMO mapping and in some municipalities, the areas mapped within the BMO will be reduced, while in other municipalities new areas will be included in the BMO.</p>

<p>These long anticipated changes to the BMO mapping will be introduced following targeted consultation with local government, including with peri-urban and growth areas Councils in Melbourne.</p>

<h2>Consultation process</h2>

<p>Targeted consultation is proposed to occur only with local government. Councils have been invited to participate in mapping verification workshops between August and September 2016.</p>

<p>Councils will have until mid September 2016 to request any changes to the mapping, after which time it is anticipated the new BMO mapping and policy changes would be introduced via a Ministerial amendment.</p>

<h2>Mapping criteria</h2>

<p>The government has indicated that the purpose of the updates is to ensure that bushfire risk is clearly identified in the planning scheme.</p>

<p>Currently, there are some areas mapped within the BMO that face a lower bushfire risk, where mitigation measures could be readily addressed through the building system. By way of example, Kananook Creek in Frankston is currently mapped within the BMO. Whilst there are other higher risk areas, such as Marysville which have not yet been mapped in the BMO.</p>

<p>The updated BMO mapping is intended to more accurately reflect the level of risk, in line with the criteria set out in the Department's Planning Advisory Note 46.</p>

<p>The Department has indicated that the 2016 updates are similar to the draft BMO mapping prepared in 2013, although there are some differences.</p>

<h2>Transitional arrangements</h2>

<p>No transitional arrangements are proposed.</p>

<p>This means that if the BMO is applied on in areas, where planning permits are already in place, there would be a new planning permit trigger.</p>

<h2>BMO schedules proposed</h2>

<p>The government is proposing to introduce schedules in many of the 'lower risk' areas (eg some growth areas Councils) where standard bushfire mitigation measures will be specified in the planning scheme.</p>

<p>The BMO schedules would specify a Bushfire Attack Levels (BAL) and other mitigation measures in various growth areas.</p>

<p>The updated maps in most municipalities are associated with BMO schedules. The Department has indicated that where other BMO schedules have been developed, these would be introduced as soon as possible after any mapping updates.</p>

<h2>What the changes mean for Landowners</h2>

<p>Landowners should review the updated BMO mapping and see whether their land would be affected.</p>

<p>If your land is affected by the BMO, landowners should note that:</p>

<ul>
<li>A planning permit would be required for any works triggered by the BMO;</li>
	<li>That there are no transitional arrangements so if you have a current permit application under consideration, this may need to be amended to address the BMO; and</li>
	<li>You may require additional permissions for works which are subject to existing planning or building permits if they have not yet been acted upon.</li>
</ul>
<h2>What the changes mean for Councils</h2>

<p>Councils should:</p>

<ul>
<li>Consider the updated BMO mapping and how it affects land within the municipality and any areas where there may be competing policy objectives;</li>
	<li>Take the opportunity to participate in <a href="http://www.dtpli.vic.gov.au/__data/assets/pdf_file/0010/299233/BMO-Mapping-Verification-Workshops.pdf">mapping verification workshops</a> in September 2016; and</li>
	<li>Identify any areas where schedules have been developed and consider the implication for workload.</li>
</ul>
<h2>Access to the updated maps and further information</h2>

<p>Updated maps and the timetable for the Council mapping verification workshops <a href="http://www.dtpli.vic.gov.au/planning/planning-and-building-for-bushfire-protection/updated-mapping-bushfire-management-overlay-council-consultation-2016">are available for viewing</a>.</p>

<p>We are also able to provide advice in relation to the implications of the BMO mapping updates.</p>

<p><em>Gabby McMillan is a solicitor at legal firm <a href="http://www.hwlebsworth.com.au/">HWL Ebsworth</a>.</em></p>

<p><em>Lead image: Victorian State Government</em></p>
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