• BACK TO THE FUTURE: The Rise of Suburban Office Parks in New COVID Era

    May 27th, 2020 | by
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    Australia’s identity in the new COVID-era has been likened to the early 1980s, with an emerging manufacturing sector, home grown innovation, and the rise of the suburban office park.

    As Back to the Future debuted in cinemas in 1985 with a fresh-faced Michael J Fox, the 33 ha Brisbane Technology Park was making its own debut in Eight Mile Plans, 15km south-east of the Brisbane CBD.

    It is a concept that has stood the test of time, with its open outdoor spaces, low density, surplus parking, and accessible urban setting showing strong appeal to businesses planning a future in the new COVID world.

    Graystone Group, which has overseen the growth of the BTP precinct since 2001, says the open format of suburban office parks offsets many challenges being experienced by their CBD counterparts.

    Graystone’s Director of Developments & Property Management, Kirsty Heymink, said the precinct is home to more than 200 businesses and expected the number to grow as COVID restrictions begin to ease.

    “There is still a level of positivity in the market, despite the challenges we’ve all faced,” she said.

    “In recent weeks we have started fielding new enquiries from small to medium-sized businesses who are looking to spread their workforce across larger, more flexible spaces. The green shoots are emerging, albeit cautiously, and we’re in an excellent position to nurture them.”

    Ms Heymink said Brisbane Technology Park has evolved sustainably over time to deliver a leading master planned precinct of premium A-grade equivalent office buildings, serviced office suits, a boutique hotel, casual dining, and expansive outdoor amenity.

    “Business parks have the luxury of space and master planning, so larger floor plates are commonplace and replace the need for excessive building heights,” Ms Heymink said.

    “Buildings range between one and three levels and feature secure stair access, creating less reliance on lifts. The office park model also enables businesses to spread their workforce over multiple locations to mitigate risk, with flexible lease terms.

    “This approach enables companies to keep some degree of separation between team members without having to sacrifice productivity and collaboration, while maintaining the benefits of social interaction, idea sharing, and a supportive workplace culture.  

    “There is also a reduced dependence on public transport, with ample free street parking and low-cost onsite parking. These are an attractive proposition for companies grappling with how their workforce can function safely, and productively, until a vaccine for COVID is available.”  

    Ms Heymink said COVID has proven to many businesses that working from home, while achievable in the short term, brings its own challenges of isolation, poor network infrastructure, and lessened productivity.

    “While there is still an important and undeniable place for offices in our future, they may not be as CBD-centric as they once were,” she said.

    In addition to Brisbane Technology Park, Graystone Group also manages BTP Westlink Green in Darra, and BTP Northshore Hamilton.

    Graystone Group

    Established in 1985, Graystone Group manages commercial office assets across Brisbane Technology Park, Westlink Green and Northshore Hamilton. Its core operations include precinct development, construction, project management, property management, and investment. The Queensland Government appointed Graystone as Development Manager for the 33ha Brisbane Technology Park precinct in 2001.

    If you are looking to relocate your business and are interested to know more about BTP please contact our friendly and knowledgeable leasing team on 3368 9099, or alternatively have a look at our current listings.

     

  • Movers and shakers: Presidian Group

    June 13th, 2018 | by
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    Every month new businesses join the BTP community. This month we spoke to spoke to Andre Beeson, State Manager (QLD and NT) of the Presidian Group.

    Andre Beeson, State Manager, Presidian Group

    Andre Beeson, State Manager, Presidian Group

    What does the Presidian Group specialise in?

    The Presidian Group of companies is comprised of a range of financial services companies that offer products to both the B2B and B2C markets, including finance brokerage, salary packaging, novated leasing, operational leasing, retail insurance and warranty products.

    What influenced your decision to move to Brisbane Technology Park?

    When looking for new office space, we found Brisbane Technology Park provided the perfect balance between the convenience of a suburban office without having to compromise on the surrounding amenity and corporate culture. Being able to benefit from the cost savings of being outside the CBD, while still having access to premium facilities and surrounded by a good community culture is a real advantage for Presidian Group.

    How has the move to Brisbane Technology Park affected the Presidian team?

    From an operational perspective, the move was a great success. Everything came together on time and was executed seamlessly, which meant we had no downtime during the move. At Presidian Group we’ve always had a great corporate culture, but since moving to our new office at 29 Brandl Street, the morale of the team elevated instantly. Having access to not only a brand new office, but also brand new premium facilities in the building has made a big change.

    Do you have an existing relationship with any BTP occupants or do you see an opportunity for future relationships?

    Our parent company has for some time held their IT disaster management systems onsite here at Brisbane Technology Park. Throughout the 2011 Brisbane floods, this was critical to the business continuing to operate. On a day to day basis our retail financial services division will benefit from cross promoting and building relationships with the wide range of companies operating within the park.

    In what ways do you think being a part of the BTP community will help your company grow?

    Brisbane Technology Park in Eight Mile Plains holds an excellent geographical position which really suits our business. The facilities in the park are excellent, and the public transport opportunities are great for attracting potential staff in the future, as our business continues to grow.

  • BTP Hub Spotlight: Goldenwater Mortgage Services

    May 30th, 2018 | by

    Goldenwater Mortgage Services, joined the BTP Hub community in 2015 and have since experienced significant growth. This has led them to expand within 7 Clunies Ross Court, Brisbane Technology Park. We caught up with Director Jason Fu, to hear about their recent expansion.

    Goldenwater Mortgage Services Brisbane Technology Park

    What services does Goldenwater Mortgage Services offer?

    The Goldenwater team has expertise in residential, cash flow and commercial lending, insurance and broker mentoring.

    What does the future hold for you and your business?

    Goldenwater aspires to be recognised and respected as a leading finance solutions firm that shares its clients’ journeys and sets their sails for success by empowering them to navigate their financial future.

    How do you think being a part of the BTP Hub has helped your recent growth?

    The professional presence in the BTP Hub enables us to focus on what we do best as a business, without having to worry about tenancy issues.  The modern office complex coupled with the dynamic business environment that surrounds us, instils professionalism into the minds of our staff and clients. It also improves our efficiency and productivity dramatically. Moreover, the festive gatherings organised by the BTP staff connect us with our fellow business owners and their teams, and provide great opportunities to bounce ideas off each other. It’s great fun and often results in “lightbulb” moments!

    What were some hurdles or achievements Goldenwater Mortgage Services has encountered?

    Having two young children whilst trying to grow the business hasn’t been a walk in the park. Yet it is wonderful for my children to see their father helping others and contributing to the community.  This is a legacy for my children that I wouldn’t trade for the world.  Despite the statistics and the market volatility, we have made our mark in our market, and we are now stronger than ever, and continuing to grow.  Looking back on where Goldenwater’s first clients are now, it is extremely satisfying to see what our strategies and services have helped our clients achieve.

  • Myths and Reality of the Suburban Economy

    April 4th, 2017 | by

    Written by THE SUBURBAN ALLIANCEhttps://www.suburbanalliance.com.au/myths-realities

    MYTH: All the jobs are in the Brisbane CBD and inner city.

    REALITY: Based on the Census, the CBD accounts for about 12% of jobs in the wider metropolitan region. Including inner city suburbs (Milton, Spring Hill, South Brisbane, Fortitude Valley, Bowen Hills) this rises to nearly 20%. Meaning that the vast majority of jobs are in suburban centres throughout the metropolitan area. The reality is that, across South East Queensland, nine out of ten jobs are outside the inner city.

    MYTH: Everyone wants to live close to the CBD or inner city.

    REALITY: The share of people living in the inner city (CBD plus inner ring suburbs) is only 15% of the metropolitan region. Some 85% – the overwhelming majority – live in suburban areas. Not only this, but the growth of suburban populations is actually increasing by a factor of 8 to 1 compared with inner city populations. 

    MYTH: More public transport is the only solution to our congestion.

    REALITY: Public transport is used by around 8% of people across the metropolitan region. While essential to the efficient operation of our metropolitan region, the reality is that public transport mostly serves the minority of the population with jobs in the inner city. For the vast majority of people living and working in suburban markets, improvements to congestion and reduced travel times – for commuting and work related trips – will mean enhancements to our road networks are equally as important as upgrades to public transport. 

    MYTH: The jobs of the future will mostly be inner city 

    REALITY: Future industries and “knowledge workers” in fields like health, scientific, professional and technical roles, will likely have less – not more – need for centralisation in inner city locations. Many need to be near their clients and if these are suburban based, it makes little sense to take on high occupancy costs, high parking  costs and slow access and egress of the inner city. Our research will reveal than many new economy businesses are voting
    with their feet in favour of suburban business districts and office parks, which means these centres deserve just as much policy support as the city centre.

    Written by THE SUBURBAN ALLIANCEhttps://www.suburbanalliance.com.au/myths-realities

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