Youi boss Frank Costigan takes Mayor Mark Jamieson for a tour of the Sippy Downs headquarters.
Youi boss Frank Costigan takes Mayor Mark Jamieson for a tour of the Sippy Downs headquarters. Warren Lynam

New $73m HQ paves way for 1300 future jobs

ABOUT 300 staff are unpacking their headsets to take the first customer calls at Youi's new $73 million headquarters this morning.

The mood was bright on the first day of the insurance company's move from its Birtinya base to the new Sippy Downs location.

Youi CEO Frank Costigan said he was "extremely excited" about the future of his company on the Sunshine Coast.

 

The 12,500sqm, four-level building will house Youi's current 1000-strong Sunshine Coast workforce by the end of the year.

It is hoped to hold up to 3000 staff members as Youi grows and consolidates its South African and New Zealand operations.

The company already employs about a further 700 people at its operations outside the Sunshine Coast.

"For our staff this is a wonderful opportunity to bring them all together under the one roof," Mr Costigan said.

"The sense of excitement amongst our staff is really palpable. It's wonderful."

He said the investment also indicated his company's commitment to the Sunshine Coast and its broader Australian market.

"We are branding the building Youi and we are making it clear that we are committed to being here on the Coast and we are committed to the Australian insurance sector."

Apart from expansive office space, the building also features a top storey cafe and a foyer where customers are encouraged to meet staff face-to-face.

"It is really light and spacious for our people and we think it will be a wonderful place to work."

Sunshine Coast Mayor Mark Jamieson also attended Monday morning's opening.

"Their vision of course is to employ 3000 people here on the Sunshine Coast, which is a huge boost to our economic prospects," Cr Jamieson said.

He said Youi representatives were in Sydney with council staff on Friday last week letting commercial real estate firms know about the business environment and ecosystem on the Sunshine Coast.

"For a technology-based company that could have serviced the Australian market from anywhere, their commitment to our region, represented by this new building being commissioned today, shows our region has a lot to offer the rest of the domestic and international corporate community."



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