Designed in collaboration with Elenberg Fraser and located in South Yarra’s Forrest Hill Precinct on the renowned Chapel Street, Once set out to deliver a new benchmark in commercial development. Inspired by the story of Jack and the Beanstalk, the design of Once resulted in a sculptural building form layered with greenery that was expected to accommodate a collection of design-focused office spaces, world-class amenity and innovative wellness systems.
Acquiring the office building in 2017. Fridcorp identified an opportunity with the asset being under let and repositioned the square-metre rate return over 12 to 18 months, also recognising the value-add proposition in the re-development opportunity.
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