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Audi Announces $50 Million ‘Lighthouse’ Development in SydneyThis is a discussion on Audi Announces $50 Million ‘Lighthouse’ Development in Sydney within the The Audi Lounge forums, part of the Audi category; Audi Australia Pty Ltd (Audi) has this week announced its plan to build a $50 million dollar brand ‘lighthouse development’ ... |
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![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Audi Announces $50 Million ‘Lighthouse’ Development in Sydney ![]() Audi Australia Pty Ltd (Audi) has this week announced its plan to build a $50 million dollar brand ‘lighthouse development’ in Sydney, on South Dowling Street. Clearly reflecting the successful growth of the brand in the past three years, the very high profile new ‘Audi lighthouse’ facility is situated on a 3,655 square metre site at Victoria Park, with 100 metres of absolute street frontage directly along South Dowling Street at Rosebery. Due to open in early 2009, the development is one of the most significant overseas investments made to-date by Audi’s Ingolstadt-based parent company, AUDI AG. The eight-level, 12,000+ square metre facility, developed by AUDI AG and designed by Audi’s master architect Johnson Pilton Walker, incorporates a flagship retail showroom and customer facilities, after-sales centre and commercial space which will become Audi’s national HQ. It will also be used as a brand forum for events and new product launches. Audi Australia’s managing director, Joerg Hofmann, says that the AUDI AG Supervisory Board’s approval for this concept is a direct result of the brand’s strong growth in the past three years including an increase of 30% in 2005, 20% in 2006 and another projected 20% in 2007. “This flagship facility is representative of the brand’s outstanding achievements. It is a clear message of support from our headquarters for our year-on-year record growth and will raise awareness of the Audi brand to a completely new level. Significantly, it also demonstrates AUDI AG’s long term commitment to Australia, which has been identified as a key strategic growth market,” Mr Hofmann said. “A key part of Audi’s growth strategy in the medium term requires investment by the dealer network in facility upgrades, preparing the brand to reach 15,000 unit sales in the year 2015 and to deliver best-in-class customer satisfaction. The total investment in new and upgraded facilities within Australia will exceed $140 million in the next few years,” Hofmann said. The prominent flagship development features 100 metres of street frontage on South Dowling Street, and stands some 26 metres high and 25 metres deep. It is just 10 minutes from the CBD, enroute to the airport and will effectively act as a ‘brand beacon’ for the 125,000 vehicles per day and approx 45 million vehicles per year which travel on one of the busiest arterial roads in Australia. The Audi retail and after-sales facility will trade as ‘Audi Centre Sydney” and will be operated by a newly-established separate business entity, owned by Audi Australia. The new retail centre will champion benchmark processes, profitability, Corporate Identity, CSI and operational standards. The facility will include space for more than 25 new cars, 70 pre-owned vehicles and 20 productive service bays. The sales volume is expected to reach 1,000 unit sales by 2015. “Not only will the new retail business significantly raise the profile of Audi and benefit the Sydney dealer network in terms of a much stronger brand presence, but it will also fast-track an increase of the brand’s awareness nationally to a level on par with our competitors,” Audi’s Joerg Hofmann added. Combined with the significant facility developments being made around Australia by the Audi dealer network, including the construction of the first “Audi Terminal” in the world at Five Dock, at an investment of $11 million, the newly-opened $11 million Audi Penfold development in Burwood, Victoria, and the imminent $7 million Audi Centre Canberra facility, this new Audi Australia development clearly strengthens the Audi brand message for the future. Audi completed the purchase of the Rosebery site in late October 2007 for $19.6 million from vendors Babcock & Brown and Payce Consolidated. http://www.fourtitude.com/news/publish/Audi_News/article_3572.shtml
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![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Re: Audi Announces $50 Million ‘Lighthouse’ Development in Sydney Dam you beat me to it. Another article Quote:
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![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Re: Audi Announces $50 Million ‘Lighthouse’ Development in Sydney I had a look at it on Saturday night, sorry no photos, the place is pretty nice, however I don't really fancy the exterior design. The location of the showroom isn't that good either, it is not near any other car dealership, so I don't think it will attract a lot of car buyers. The one thing I really don't like is how Audi has this shiny new building and everything around it is old and run down. right next to the Audi show room is this extremely old and dilapidated garage.
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