The new eight-storey building, totaling 86,000 sq ft, has been designed to provide Grade A-plus office space.

The new building, which will be renamed as 11 York Street, is designed to target the commercial, professional and financial services office sector. Glass, stone and steel elevations, a double-storey entrance on the corner of York Street and Fountain Street, and a private business lounge will be included alongside the office space.