LOCAL company Paspaley Pearls Properties has won the contract to supply 9,000 square metres of green office space in Darwin, which the Northern Territory Government said will renew and rejuvenate the city centre.
Chief Minister Paul Henderson said the $84 million development would maintain a link with Darwin's past, while heralding its exciting future.
"[Paspaley's] 20 storey development will be an exciting enhancement to the Darwin CBD, with office, commercial, retail and recreational space on the existing Paspaley site on Smith Street Mall," Mr Henderson said.
"The historic facade of the site will be maintained, keeping an important part of Darwin's history alive while looking into the future with a state of the art green building."
"The Territory Government is committed to sustainable development, and this landmark project will provide clean, green commercial infrastructure while creating jobs and driving economic development in Darwin's heart."
The 5 Star NABERS rated building will house a mixture of government and commercial employees. It is anticipated that the Territory Government will take occupancy of the new facility in 2015.