Brookfield 'Tops Out' $120m Residential Tower

Market Insights
8 years ago
1 minutes

Brookfield Multiplex, a leading global contractor, has reached a major construction milestone in the delivery of Central Equity’s Melbourne One, “topping out” the $120 million residential tower.

Construction has now reached the top of the 47 level tower at some 149 metres above ground level and has so far generated 1000 jobs and used some 1700m3 of concrete.

Melbourne One will comprise 477 apartments in one, two and three bedroom configurations with several exclusive penthouses. Resident facilities include a grand foyer with concierge, gymnasium and indoor heated swimming pool.

"This marks another milestone in our ongoing collaborative relationship with Central Equity and we are proud to partner with them to deliver another tower in the city," said Mr Graham Cottam, Regional Managing Director Victoria at Brookfield Multiplex.

Other Melbourne CBD apartment buildings that Brookfield Multiplex has delivered for Central Equity include Mainpoint Apartments, Southbank One, Southbank Grand, Southbank Towers, Boulevarde Apartments, Sovereign Apartments, Kings Park on Southbank and City Tempo Apartments. Brookfield Multiplex has also just commenced construction on a new project for Central Equity known as Southbank Central, a $135 million 48-level apartment tower located at 1-13 Balston Street comprising 485 units.

Melbourne One is located close to the Melbourne CBD, Etihad Stadium and Southbank and features a sleek design with extensive use of glass on the facade.

Complexities involved with the construction of Melbourne One include the restoration of heritage buildings on Lonsdale Street and the challenges associated with building within the busy CBD.

Originally built in 1911, the red brick warehouse was designed by architect Charles Rice for Andrew Tait, a coachbuilder and ironmonger, as his own premises. It features internal columns, very similar to the standard format for wool stores and the facade is striking, designed in an exaggerated Romanesque style with Art Nouveau detailing.

Construction works on Melbourne One are scheduled to complete in July, 2016.