1Dräger | Adaptive reuse

case study

adaptivereuse

Dräger Development Ferntree Business Park, VIC

2Dräger | Adaptive reuse

The transformation of the existing 1970’s brick veneer Warehouse into a modern A-Grade Office Building at Ferntree Business Park outlines the effective re-use of one of Goodman’s ageing assets. The new facility responds to the requirements of Dräger Medical and Dräger Safety, allowing both businesses to operate effectively and provides a platform for future growth.

Project

+ Location 8 Acacia Place, Notting Hill

+ Size 6,655 sqm

+ Value $16.5 million

3Dräger | Adaptive reuse

existing specifications+

+ 2,380 sqm of office over two levels

+ 9,150 sqm warehouse+ 4.4m perimeter and

7.8m ridge height+ Brick veneer and exterior+ Constructed in the 1970’s

as a manufacturing facility for Onga Pumps

+ Use changed to service, testing and sales in the 1990’s

4Dräger | Adaptive reuse

new specifications+

+ 3,185 sqm office + 2,195 sqm warehouse+ 1,275 sqm service area+ 3 level multi-storey carpark+ Central open air

landscaped atrium+ High quality office space

5Dräger | Adaptive reuse

Dräger was founded in Lübeck, Germany in 1889 and is in its fifth generation as a family-run global business with nearly 12,000 employees across 9 countries. Dräger is a leading international company in the fields of medical and safety technology, run as separate divisions; Dräger Medical Australia and Dräger Safety Pacific.

The safety division offers its customers complete hazard management solutions with a special focus on personal safety and protecting production facilities. The safety division’s current portfolio includes stationary and mobile gas detection systems, respiratory protection, fire fighting equipment, professional diving gear, and alcohol and drug-testing instruments.

The medical division’s product range covers anesthesia workstations, ventilation equipment for intensive and home care, emergency and mobile ventilation units, warming therapy equipment for infants, patient monitoring equipment, IT solutions and gas management systems.

Dräger was previously a tenant of Ferntree Business Park, occupying Unit 3 until 2004.

the customer+

6Dräger | Adaptive reuse

Ferntree Business Park is located centrally within the established Notting Hill commercial precinct approximately twenty (20) kilometres from the Melbourne CBD.

The Park has good connectivity to the broader Melbourne metropolitan arterial road network with two diamond interchanges linking to the Monash Freeway (M1) located within approximately one kilometre of the Park.

The Park is a mixture of existing older-style commercial buildings and the recently completed Heidelberg, Schneider, Olympus buildings and Little Collins cafe.

location+

7Dräger | Adaptive reuse

CBD

Chadstone  

Ferntree Gully Road

Clayton Road

Forster Road

Stephensons Road

Monash Freeway

Princes Highway

Ferntree Business Park

aerial+

8Dräger | Adaptive reuse

The Estate has evolved significantly since Goodman’s acquisition in 2003, with several warehouses and offices making way for the development of the Heidelberg facility and the first two levels of a multi-storey car park in 2006.

The acquisition involved purchasing three registered titles: 296–310 and 310–324 Ferntree Gully Road and a parcel to the rear, being 2 Redwood Drive. The site has also maintained several one and two storey commercial buildings with long term tenants remaining.

The Dräger facility was previously occupied by Onga Pumps for 20 years prior to their lease expiry in August 2012. Onga used the 11,530 sqm warehouse for manufacturing,

testing and sales of their products. The site has exclusive access from the back of the Estate via Redwood Drive. The redevelopment of the site involved the demolition of a third of the warehouse to make way for the construction of the multi-storey car park, refurbishment of the remaining building and surrounding infrastructure to enable a connection to the wider estate. As part of the development masterplan the estate has recently had all three titles consolidated.

the site+

9Dräger | Adaptive reuse

After

After

Before

Before

10Dräger | Adaptive reuse

AfterBefore After

After

Before

Before

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benefits+

The development of the facility provides the following benefits for the future marketability of Ferntree Business Park:

+ Repositioning an existing asset for a higher and better use

+ Provides a ‘book end’ to the Park by creating a feature at the end of the main estate road

+ Creates an opportunity for a connection of public roads from the front to the rear of the estate

+ The multi-storey car park increases the car parking ratios across the estate as a key requirement of current and future commercial tenants

12Dräger | Adaptive reuse

One always lives with the fear that the tender ‘sales pitch’ will fall short of expectations during the execution phase. The decision to run with Goodman and in particular a refurbished 70’s warehouse site came with many risks. Not only did Goodman and their team (Watson Young and Qanstruct) have to convince the Dräger project team they could turn a ‘pigs ear into a silk purse’ but we in turn had to convince our own team that they had the capability to deliver our vision.

I can now confidently say that a transparent, professional approach from all stakeholders has enabled the transformation of an existing building into a fantastic home and workspace of the highest spec and calibre. Well done to all concerned.

Andrew Hawke, Managing Director, Dräger Safety Pacific

testimonials+

After the initial leap of faith, the Vision for our new facility was clear and the only challenge ahead was to set out the right plan and working relationship between all parties to execute it. Today after 12 months we occupy our new facility at 8 Acacia Place and it clearly exceeds all of our expectations. This is a testimony to the commitment and passion from everyone involved at Goodman, Qanstruct, Watson Young and Dräger. We worked together and the quality, functionality and aesthetic of our Head Office Facility is the lasting result.

Alison Curren, Managing Director, Dräger Medical Australia

13Dräger | Adaptive reuse

programme+

+ Goodman approval

+ DA approved

+ Construction commenced

+ Construction

+ Practical completion

Tasks

A S O N D J F M A M J J A SJJ

June 2012

Submitted: June 2012 Approved: July 2012

September 2012

May 2013

O

2012 2013

14Dräger | Adaptive reuse

Travis HardmanGeneral Manager – VIC/SA/WA

travis.hardman@goodman.comT +61 3 9012 8214 M +61 400 445 459

Goodman Level 17 31 Queen Street Melbourne VIC 3000 T 03 9012 8200

www.goodman.com

This document has been prepared by Goodman Property Services (Aust) Pty Ltd ABN 40 088 981 793 for general information purposes only. Whilst every care has been taken in relation to its accuracy, no warranty of accuracy is given or implied. You should obtain your own independent advice before making any decisions about the property referred to in this document. Images contained in this document have been used to enable the customer to visualise the development concepts only, and are not intended to definitively represent the final product. July 2013

contact+

Project Team+ Developer – Goodman

au.goodman.com/ + Project Management – Goodman

au.goodman.com/ + Builder – Qanstruct

www.qanstruct.com.au/+ Architect – Watson Young Architects

www.watsonyoung.com.au/ + Marketing Agent – CBRE

www.cbre.com.au/