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The new-generation workplace for international businesses
In our modern-day internet society, boundaries between public and private space, work and play, and work and life have broken down. The workplace has become less about just property and more about creating a sustainable ecosystem for work to which people are automatically drawn.
David Hutton, Lendlease’s Managing Director of Development states, “There has been a shift in dialogue from cost of space, i.e. rent, to a more strategic discussion about the quality of space that
enhances health, well-being and productivity of occupants.”
He continues, “According to research, rents only make up 9% of a company’s business operating costs, as compared to the 80-90% in staff-related expenses. Hence, companies that choose quality space that enhances health and productivity of their workforce, get a meaningful return on investment and are in an improved position to attract and retain the best talent.”
This statement is echoed in a recent CBRE report “Wellness in Asia Pacific Workplace” where Craig Hudleston, Executive Managing Director, Asset Services, CBRE, states, “For businesses, employees
are a valuable asset; investing in them, and helping to improve their well-being is indispensable. Embracing a longer-term strategy of workplace wellness can drive fundamental change and have a lasting impact on the bottom line” .
In Singapore, Lendlease’s $3.2 billion Paya Lebar Quarter regeneration scheme has been designed to meet modern well-being requirements by offering a complete work ecosystem that enables progressive companies to enhance productivity by promoting knowledge sharing, innovation and collaboration.
THE FUTURE GRADE OFFICE
More companies now realise that staff well-being is an integral part of their business strategy and they are actively looking for office solutions that deliver more than desks to meet the demands of the best talent.
Richard Paine, Managing Director of Paya Lebar Quarter, Lendlease, explains, “Future Grade is about putting people first, and creating a place that integrates work with other lifestyle activities so that the time pressed workforce can lead a vibrant, seamless work lifestyle that connects them beyond their workspace to amenity including culture, recreation and nature.”
The three Future Grade office towers at Paya Lebar Quarter have close to one million sq ft of space. They are linked to a standalone 340,000 sq ft shopping mall including a wide range of experiential alfresco dining offers and three residential towers with 429 units. There are also six-metre-wide cycling and walking paths that are connected to five park connectors around Singapore.
Beyond bicycle paths, Paya Lebar Quarter will also have end-of-trip facilities which includes secure bicycle storage areas as well as shower facilities and changing rooms. “We want to create fitness and wellness facilities to make staying healthy easier,” says Paine. “Our vision is to provide an environment where people can leave work feeling better than when they arrived.”
Paya Lebar Quarter will provide a parkland environment and cool, shaded areas to encourage more people to incorporate walking as part of their lifestyle. The public plaza at Paya Lebar Quarter is also iFi-connected.
LENDLEASE SEES A GREAT WORKPLACE AS A STRATEGIC ENABLER
In November 2015, Lendlease formed a global alliance with US-based Delos, the pioneer of Wellness Real Estate, to jointly champion the internationalisation and implementation of the wellbeing agenda for buildings and communities. The alliance is also working to further advance WELL Core & Shell Certification as a pathway to WELLready workplaces for tenants.
The WELL Building Standard measures the health and well-being of people in buildings based on seven concepts relevant to occupant health in the built environment, such as air quality, thermal comfort, natural lighting and green coverage or biophilia. WELL is administered by the International WELL Building Institute, a public benefit corporation, and third-party certified by Green Business Certification Inc.
Paya Lebar Quarter is the first development to register for WELL Core and Shell Certification in Singapore. In Australia, Lendlease’s International Towers Sydney at Barangaroo is the country’s first WELL-certified office project from inception. Lendlease’s headquarters in Tower Three of International Towers Sydney has obtained a Platinum rating, the highest level in WELL certification.
WHAT IT MEANS TO WORK IN A WELL-CERTIFIED BUILDING
A lot of things go into the design of a WELL-certified office building that people may not realise until they move in, such as good lighting and the benefits of daylight. Experts believe that productivity level improves as a result of proximity to windows with views out to nature, according to the Health, Wellbeing & Productivity in Offices study by the World Green Building Council.
“It’s very calming to look out to greenery, and it will make a meaningful difference to people,” says Paine, “At Paya Lebar Quarter, you will enjoy a view of greenery whether you are standing at the lobby or
near one of the windows of the office towers. This comes from Paya Lebar Quarter having a green plot ratio of more than six times, that is, the area covered by foliage is six times that of the land area.”
Indoor air quality is also something that people in Singapore take for granted, until they are affected by the periodic severe haze in the region. Research has shown that productivity improves by 8% to 11%
as a result of better air quality. To ensure that its office buildings at Paya Lebar Quarter have good air quality, MERV 14 filters will be used all year round as they provide good air filtration to reduce small
particulate matters, bacteria and droplet nuclei, creating a healthier environment, especially during hazy conditions.
HUNT FOR QUALITY SPACE
The desire of large-office occupiers to locate work closer to home has also meant a search for alternative business districts with quality and efficient buildings and easy access to public transport. This is where Paya Lebar Quarter ticks all the boxes.
In terms of connectivity, the three office towers at Paya Lebar Quarter are linked by covered bridges to a shopping mall and the Paya Lebar MRT interchange. They are also a 10-minute train ride to Raffles Place and Marina Bay. With over 20 bus routes serving the area, getting to Paya Lebar Quarter is a breeze. For those who drive, it takes 10 to 15 minutes to get to the CBD and Marina Bay, as well as Changi International Airport.
In Asia-Pacific, the main factors driving location and building selection are real estate cost, accessibility, talent availability and the size of floor plates. Decisions are also influenced by space efficiency initiatives to futureproof work environments, according to the CBRE Asia Pacific Occupier Survey 2017. The workspaces at Paya Lebar Quarter have been designed to meet those needs with large, efficient floor plates ranging from 24,000 to 32,000 sq ft, and an ambience that has been calibrated to improve staff well-being and productivity, as well as to help companies attract and retain talent.
IMPROVING SPACE EFFICIENCY, PROVIDING GREATER FLEXIBILITY
JLL research shows that 30% of corporate portfolios will comprise flexible space, including coworking, incubator or accelerator space by 2030.
Lendlease intends to incorporate co-working space within Paya Lebar Quarter. In its bid to understand the co-working model better, Lendlease’s regional headquarters in Singapore moved to a co-working space to give Lendlease staff first-hand experience of what it is like to work in a co-working environment.
The company also has a strategic workplace enabler business unit that completes a total workplace solution to tenants. Lendlease Strategic Workplace offers health and well-being design recommendations
and delivers full space budgets and early design materials to inform delivery planning.
“Lendlease has been at the forefront of the movement By providing a parkland environment and cool, shaded areas, Paya Lebar Quarter hopes to encourage more people to incorporate walking and
cycling into their lifestye towards improving people’s well-being in the workplace. The Lendlease Strategic Workplace user experience team designed our global headquarters in International Towers Sydney, which now ranks among the top 2% of all workplaces surveyed worldwide, according to the Leesman Index, which measures the performance of office space,” says Paine.
Paya Lebar Quarter is expected to be substantially completed by end-2018. It will showcase Singapore’s future workplace — one that is well located and connected as it is linked directly to a transport node, and has office towers that are focused on promoting health and well-being as well as the productivity of its occupants.