Energy Vault chooses Docklands for HQ
Energy Vault – which last year won a contract to provide a 250 megawatt grid-connected battery to a proposed solar farm able to power 110,000 homes – has leased a national headquarters at Melbourne’s Docklands.
The Swiss-American company, which provides storage solutions, is taking 296 square metres, being suites seven and eight, at 425 Docklands Drive.
The recently fit-out space includes 28 workstations, three meeting rooms, a boardroom, collaboration area, waiting zone, kitchen breakout and outdoor balcony overlooking a park.
JLL’s Hannah O’Brien represented the landlord, Centennial; it is the biggest deal struck in the three level campus style building since 2020.
Room to expand
Energy Vault is expected to start building its battery for the solar farm at Meadow Creek, near Wangaratta and Myrtleford, next year.
“Energy Vault is moving to Docklands because it offers convenient access for their staff as it is close to several public transport options including the free CBD tram,” Ms O’Brien said (story continues below).
The company is expected to expand its tenancy following a recruitment drive, she added.
“EV leased the tenancy before the construction was completed of the turn-key speculative suite,” according to the executive.
“The last of the fully fitted and furnished suites are still available, offering private balcony space overlooking the parklands.
“The District Docklands shopping centre is [also] located directly opposite 425 Docklands Dve and offers tenants various retail amenities such as Hoyts Cinema, Woolworths, Costco and over 50 specialty retailers in addition to featuring a wide variety of food and beverage offerings”.
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