After months of speculation, Fairfax Media, publisher of The Age, has confirmed it will move journalists, administrative and executive staff to a $110 million office at the south-west corner of Collins and Spencer streets.
The campus style building is due for completion by 2010.
It will contain 18,000 square metre of area and stretch about 150 metres.
The publisher is understood to be paying starting rent of $350 per sqm, per annum, ex-incentives.
“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),” The Age editor in chief, Andrew Jaspan, said.
The office will be developed on a deck over rail lines just south of Southern Cross train station.
It will be known as 655 Collins St, Docklands.