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Southern Cross Tower, also known as 121 Exhibition Street, is a 161-metre (530 ft)
skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ris ...
in
Melbourne Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
, Victoria, Australia. The tower was built in 2004 and comprises 39 levels of office accommodation. The complex is a twin tower. The SX1 (or East tower) delivers 76,700 square meters of space over 39 floors. The SX2 (or West Tower) provides 45,200 square metres and 22 levels. The tower was once the location of Melbourne's prestigious
Southern Cross Hotel The Southern Cross Hotel was a hotel in Melbourne, Australia. It was opened by the Prime Minister, Robert Menzies, on 24 August 1962 as Australia's first modern 'International' hotel, heralding the arrival of American-style glamour, the jet-set ...
.


History

Before development of Southern Cross, the
Victorian Government The Victoria State Government, also referred to as just the Victorian Government, is the state-level authority for Victoria, Australia. Like all state governments, it is formed by three independent branches: the executive, the judicial, and th ...
was concerned because its key departments were scattered among more than 15 office buildings throughout the
Melbourne central business district The Melbourne central business district (also known colloquially as simply "The City" or "The CBD") is the city centre and main urban area of the city of Melbourne, Victoria, Australia, centred on the Hoddle Grid, the oldest part of the city la ...
. It decided to consolidate financially and allow the bureaucracy closer access to Spring Street, giving it access to the
Parliament In modern politics, and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...
and
Treasury A treasury is either *A government department related to finance and taxation, a finance ministry. *A place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or in p ...
. A consortium of private bodies, including
Multiplex Multiplex may refer to: * Multiplex (automobile), a former American car make * Multiplex (comics), a DC comic book supervillain * Multiplex (company), a global contracting and development company * Multiplex (assay), a biological assay which measu ...
and
Babcock & Brown Babcock & Brown LP was a global investment and advisory firm, established in 1977, based in Sydney, Australia, that went into liquidation in 2009. Babcock & Brown Securities LLC was an active investment banking firm focused on equipment and proj ...
, suggested a skyscraper in the location of the old and derelict
Southern Cross Hotel The Southern Cross Hotel was a hotel in Melbourne, Australia. It was opened by the Prime Minister, Robert Menzies, on 24 August 1962 as Australia's first modern 'International' hotel, heralding the arrival of American-style glamour, the jet-set ...
. A key condition of the Victorian government's involvement in the project was its demand that the building be a state-of-the-art, environmentally sustainable development.


Ownership

The building is 75 per cent owned by Multiplex Property Trust and 25 per cent owned by Multiplex Acumen Prime Property Fund. According to valuer
Jones Lang Lasalle Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to insti ...
, the building's current market value is A$130 million and its major tenant is the
Victorian State Government The Victoria State Government, also referred to as just the Victorian Government, is the state-level authority for Victoria, Australia. Like all state governments, it is formed by three independent branches: the executive, the judicial, and th ...
.


Tenants

SX1 (East Tower) is occupied by the Victorian Government's Department of Justice and Regulation (DJR), some branches of the
Department of Jobs, Precincts and Regions The Department of Jobs, Precincts and Regions (DJPR) was a department in Victoria, Australia. Commencing operation on 1 January 2019, the DJPR supported six ministers across 10 portfolios, broadly related to economic development. Along with the ...
(DJPR) and the State Revenue Office (SRO). SX2 (West Tower) is home to
Australia Post Australia Post, formally the Australian Postal Corporation, is the government business enterprise that provides postal services in Australia. The head office of Australia Post is located in Bourke Street, Melbourne, which also serves as a post o ...
and the Energy and Water Ombudsman (Victoria) (EWOV).


Gallery

Image:Southern_cross_east_tower_from_little_bourke_st_and_exhibition_st.jpg, Southern Cross East Tower (SX1) from corner of
Little Bourke Street Little Bourke Street (abbreviated to Lt. Bourke St) in Melbourne's CBD runs roughly east–west within the Hoddle Grid. It is a one-way street heading in a westward direction. The street intersects with Spencer Street at its western end and S ...
and
Exhibition Street Exhibition Street is a major street in the central business district of Melbourne, Australia. The street is named after the International Exhibition held at the Royal Exhibition Building in 1880, and was previously known as Stephen Street fro ...
Image:Souther cross west tower.jpg, Southern Cross West Tower (SX2)


References


External links


Woods Bagot - Southern Cross, Melbourne
{{Melbourne skyscrapers Skyscrapers in Melbourne Office buildings in Melbourne Office buildings completed in 2004 2004 establishments in Australia Skyscraper office buildings in Australia Buildings and structures in Melbourne City Centre