Highlights
Assessment instructions
You are the Corporate RE Manager of a large educational institution that has historically ran its operations across a number of low rise and low density campuses in Sydney’s outer western suburbs. The Board of Directors has decided to obtain a new facility in Parramatta and locate primarily their post-graduate students into a new vertical high-rise. Also known as number One Parramatta Square, this is stage one of a wider urban renewal project and will offer 26,465 square metres over a six level office tower and eight level campus building, and will be home to over 10,000 students.
Investigate the proposed site and project and examine the Corporate Real Estate considerations of such a move in terms of the main driver of change being Life Cycle Management. Primarily, consider the benefits of the move from the perspective of de-camping older c.1980 low density, single level ‘classroom’ facilities in favour of this brand new high rise. A thorough investigation of the new building’s green credentials should also be undertaken and aligned with any legislative requirements or standards. Secondly, a discussion on change management should be presented concerning the educational staff that will move to the new facility and whom lives largely in and around Quakers Hill at present.
Aspects could include: communicating the change; failure in engaging stakeholders in developing and thus owning solutions; failure to anchor the changes into the corporate culture; enhancing the workplace experience. Finally, can you establish a link between ‘Green’ buildings driving employee well- being or productivity?
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