After months of speculation and planning delays, Fairfax Media, publisher of The Age, has confirmed that it will move journalists, administrative and executive staff to a $110 million high-tech media nerve centre on the south-west corner of Collins and Spencer streets by 2010.
Premier John Brumby and other local luminaries were this week sent invitations to attend the
formal launch in mid-December of The Age’s new planned headquarters, next to the Grand Hotel and opposite the Southern Cross Station.
The 18,000 square metre building will stretch about 150 metres along Collins Street and is believed to be costing the publisher about $350 per square metre in rent.
“We have already moved much more towards the fully integrated newsroom, but there’s a physical limit to what we can do in this building (250 Spencer Street),” Mr Jaspan said. “The new building will allow the journalists to have the best working conditions in the best working location in Melbourne.
“It will show the centrality of journalism to everything that we do at The Age.”
Negotiations with rail authorities over the construction of the new building in a difficult-to-access location on over railway lines, delayed the announcement of the new building, Disruption to commuters while the building is under construction should be minimal, sources say.