40 The Esplanade is perfectly positioned to take full advantage of the vibrancy of Elizabeth Quay and its growing momentum as the desired location for investors , businesses, employees and tourists.
The status of Elizabeth Quay as a world class project has been confirmed with the approval of Development Plans for flagship hotels , luxury apartments , retail , education and entertainment precincts amounting to billions of dollars.
CONNECTING THE QUAY TO THE CITY
Elizabeth Quay is a mixed use development project and is at the heart of the strategic vision of the Perth Metropolitan Redevelopment Authority to revitalise the City Centre and enhance Perth’s reputation as one of the most liveable cities in the world.
Perth’s riverfront was once a place for picnics and paddling , with public baths along the water’s edge. As the City grew , new development cut-off the connection between the river and the city, culminating in 1940 with the building of Riverside Drive.
This $500 million project now re-connects the river and the city creating a dynamic commercial , retail and tourist precinct set around a 2.7 hectare inlet.
It has been estimated that Elizabeth Quay will deliver direct economic impact of $3 billion within the next decade and create an average of over 500 jobs each year.
Pride of Place
Positioned at the intersection of The Esplanade and William Street, all of Perth’s financial , municipal , government, judicial , entertainment and convention precincts are within easy walking distance of 40 The Esplanade.
The Elizabeth Quay train, bus and ferry terminals are diagonally opposite the entrance to the building and create a vibrancy and excitement as thousands of people use these facilities every day for both work and pleasure.