Tank Stream Labs, the technology and startup coworking network owned by ASX-listed tech investment & advisory firm Scalare Partners, has chosen Brisbane for the next stage of its national expansion with the launch of a new CBD hub.
The hub will support up to 150 desks across three levels, hosting around 30 fast-growing technology-focused companies seeking to establish or expand their presence in Queensland, as the state experiences rapid population and infrastructure growth.
Tank Stream Labs currently operates five locations in Sydney alongside hubs in Melbourne and Adelaide, but turned to Brisbane instead for expansion due to the growing importance of Queensland within Australia’s technology and startup economy.
Brisbane is experiencing one of the fastest periods of economic expansion in the country, driven by population growth, infrastructure investment, and preparation for the 2032 Olympic Games.
Population across Queensland is expected to increase by close to one million people by 2032, while $107 billion is being invested into CBD infrastructure projects before 2030.
The Brisbane CBD office market is already tightening as a result, with vacancy rates sitting at just 9.05 percent compared with a national average of 14.5 percent.
Demand for flexible workspace is also rising rapidly, with Brisbane’s flexible office market growing by an average of 8 percent annually between 2020 and 2025 and expected to continue expanding strongly through the end of the decade.
After much research, it was decided that the new hub would occupy the top levels of 215 Adelaide Street above Post Office Square and Central Station, offering sweeping views across Brisbane and offering one of the most connected locations in the CBD.
This building holds a five star NABERS energy rating, was recognised as Brisbane’s most sustainable commercial building in 2025, offers over 200 square metres of outdoor balcony space, and is undergoing a significant refurbishment.
The Brisbane expansion will also strengthen connections across the broader Scalare ecosystem, with Brisbane-based virtual CFO firm Planet Startup and the Tech Ready Women program both operating in Queensland.
Companies based in the new hub will gain access not only to flexible workspace but also to Tank Stream Labs’ technology founder community, networking opportunities, and services designed to support companies as they grow and scale.
The decision reflects Queensland’s growing appeal as a destination for startups and technology companies, according to Tank Stream Labs CEO Brad Delamare.
Brad Delamare, CEO of Tank Stream Labs, said: “Queensland was the obvious next step in our national expansion given Brisbane is experiencing such strong growth driven by population increases, infrastructure investment and the momentum building toward the 2032 Olympic Games.
“We are already seeing more startups and technology companies establishing a presence in Queensland, and we want Tank Stream Labs to become a home for that next generation of founders.”
Carolyn Breeze, CEO of Scalare Partners, said: “Tank Stream Labs plays an important role within the Scalare ecosystem by supporting the founders and startups building the next generation of Australian technology companies.
“Expanding into Brisbane reflects Queensland’s growing importance within Australia’s innovation economy. It presents a unique opportunity for founders to build and scale companies in the state.”
The Brisbane Tank Stream Labs hub is expected to open in Q3 2026 and will target technology startups and growth stage companies seeking to establish or expand their presence in Queensland.
About us:
empower visionary technology founders to transform their ideas into the great businesses of tomorrow. As a dynamic force in the tech startup landscape, we offer a range of products and services to support all founders as they scale their early-stage businesses.
We are deeply involved in the broader technology ecosystem, driving change through impactful initiatives such as the Tech Ready Women and the Australian Technologies Competition, where we partner with government and corporates to support and promote the most promising technology businesses and founders. Our focus extends to working with female and culturally diverse founders, addressing the unique challenges they encounter in fundraising and scaling their businesses. This engagement not only enriches the tech landscape but also creates lucrative revenue and investment opportunities for Scalare Partners.
At the heart of our business model is the provision of products and services and expert advice tailored to the specific needs of early-stage businesses. We also provide direct investment into selected outstanding businesses and with a current emphasis on the Australian and USA technology sectors, we are building a portfolio spanning across diverse geographies, including Australia, USA, New Zealand, Singapore, UK, and Europe. Scalare Partners is not just an investor; we are architects of growth, collaborators in innovation, and catalysts for positive change in the technology landscape.
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