Boardriders<\/a> are eager to maintain their presence in Torquay and have committed to occupy space within Surf Coast Social under a 10-year lease.<\/p>\nThe site’s redevelopment will include upgraded office spaces for about 80 of the company’s employees.<\/p>\n
IP Generation owner Chris Lock says they were ready to act if the shire gave them the answer they were hoping for.<\/p>\n
\u201cWe\u2019re ready to go on this project now. Should we get our approvals in place in the coming month we\u2019ll be announcing our tenant commitments and investing in excess of $10 million immediately, making this a reality before the end of 2020.\u201d<\/p>\n
If the shire does accept the plan, the coworking hub will be operated by Workspace 365, with the potential to house more than 400 office tenants.<\/p>\n
Mr Lock said he was excited by the prospect of what the site could be.<\/p>\n
“You’ve got one of the most iconic businesses and brands to come out of Australia and they’ve chosen to anchor themselves here with their creative department. So I feel like we’ve got an opportunity to build a hub of entrepreneurship around one of the most iconic surf brands in the world.”<\/p>\n
IP Generation purchased the site for a reported $15 million last year after Boardriders acquired Billabong and moved the Boardriders head office to Burleigh Heads.<\/p>\n
Boardriders Asia Pacific chief operating officer Andrew Bruenjes said the Torquay site became an important satellite office occupied by Quiksilver\u2019s creative teams following the acquisition and relocation.<\/p>\n
\u201cThe Quiksilver brand is synonymous with Torquay.\u201d<\/p>\n
IP Generation also says that if Surf Coast Social gains approval in December, it will fund a new high-speed internet link connected with Deakin University and Surf Coast Shire \u201cwith the fastest internet anywhere on the Surf Coast\u201d, according to Mr Lock.<\/p>\n","protected":false},"excerpt":{"rendered":"
IP GENERATION are ready to start turning the former Quiksilver headquarters in Torquay into “Surf Coast Social” should the Surf Coast Shire approve their plans. The Melbourne-based real estate investor wants to spend more than $13 million at the Baines Crescent site to create a co-working hub, a large hospitality venue and a cinema complex. […]<\/p>\n
Read More…<\/a><\/p>\n","protected":false},"author":151,"featured_media":32017,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-32015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nSocial support: Boardriders backs $13 million plan for its former Torquay HQ - Surf Coast Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/surf-coast-social-boardriders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Social support: Boardriders backs $13 million plan for its former Torquay HQ - Surf Coast Times\" \/>\n<meta property=\"og:description\" content=\"IP GENERATION are ready to start turning the former Quiksilver headquarters in Torquay into “Surf Coast Social” should the Surf Coast Shire approve their plans. 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