Insurer Youi has unveiled its new $73 million Sunshine Coast headquarters at the Sippy Downs technology precinct. The completion of Stage 1 of the state-of-the-art four level building provides the rapidly growing insurer with 12,500 sq m of high-tech office space and accommodation for up to 1,700 staff. Youi CEO Frank Costigan said: “We are one of the region’s major employers and have been part of the Sunshine Coast since Youi commenced its Australian operation with 30 staff in 2008. The decision to build our new headquarters at Sippy Downs reinforces our commitment to growing with the community and providing additional employment opportunities across the region. “The Sippy Downs location places Youi in the heart of the rapidly developing technology precinct and in close proximity to the University of the Sunshine Coast that will enable us to partner with the University,” Costigan said. Mayor Mark Jamieson congratulated Youi on the completion of its new global headquarters and said that Youi’s commitment to the Sunshine Coast was expected to inject $1.2 billion into the local economy over the next decade. “Sunshine Coast Council has been working with Youi for the past decade as it grew from a start-up business to be one of the region’s major employers now based in this very impressive global HQ,” Mayor Jamieson said. “It really is a wonderful success story that is benefitting many thousands of locals. “Youi has already made an enormous contribution to the Sunshine Coast and we thank them for their continuing confidence in our healthy, smart creative region.” “Their investment is one of the largest non-governmental related investments in our Sunshine Coast’s history.” The new headquarters will feature an advice hub where customers and public are made welcome to drop in to discuss their insurance or obtain advice about Youi’s products.
“There’s enormous excitement among our 900 plus Sunshine Coast staff about the move into the new building that will see all staff transition out of the existing Youi offices on Lake Kawana at Birtinya before Christmas. “Youi is proud to be an integral part of the Sunshine Coast community and our prominent building signage is able to display multi-colours showing support for local organisations, community events and seasonal themes,” Costigan said. Stage 2 of the project will see a 12,500 sq m wing added to the new headquarters providing space to accommodate up to 3,000 staff.
