Investa Developments - Great people, great teams, great outcomes How Mark Tait and his growing team are delivering an ambitious pipeline of development projects.
Mark Tait’s 25-year career speaks to power of development to make positive change in people’s lives.
Investa’s Group Executive and Head of Development liked to crunch numbers, so a career in accountancy may have seemed an obvious choice. But it took just a week of balancing spreadsheets while on work experience, for Mark to realise he wanted his career to be centred around delivering something tangible, that had a broad and positive impact on people’s lives.
There’s nothing more tangible than a high-rise building. Investa currently has an ambitious pipeline of projects that is transforming the way Australians think about their workplaces and shortly, their future residences – and Mark’s 20-strong development team is driving this forward for Investa.
Take the office and residential towers currently being brought to life by Mark’s development team, in collaboration with leading global real estate investor, asset manager and business builder, Oxford Properties on Sydney Metro’s new Pitt Street over station. The commercial office building at the north entrance of the Pitt Street Station, known as Parkline Place, is designed by world-renowned architecture firm Foster+Partners and is an integrated, transport-oriented development in every sense.
On completion, nearly 4,500 people will work in Parkline Place each day and enjoy one of Australia’s smartest and most sustainable workplaces. The 39-storey building will feature 47,800 sqm of office accommodation and a 1,290 sqm retail space. Foster+Partners’ building design will take its cues from the Bloomberg Building in London and Hearst Tower in New York – with their light filled internal plazas and progressive collaboration spaces.
“Parkline Place’s unique design delivers large floor plates which are flexible and modular,” Mark said. “The park and city views are incredible, and the abundance of amenity in such a prime location will offer a residential-style experience at work.”
The companion tower at the Southern end of Pitt Street will be the first build-to-rent development in the Sydney CBD. Spanning 39 levels, the Bates Smart design will boast 234 build to rent residential apartments, with extensive on-site amenities. There will be an entire floor dedicated to wellness, another to work-from-home spaces, a lush rooftop terrace, a social lounge and inspiring retail space. Just a stone’s throw from Hyde Park, the building will be on the doorstep of some of Sydney’s best retail, dining and entertainment attractions.
Mark is excited about Investa’s foray into build-to-rent and the opportunity for the Investa development team to pioneer a new asset class in Australia.