Southbank Tower Complete

Market Insights
8 years ago
1 minutes

Brookfield Multiplex, a leading global contractor, has just completed Central Equity’s largest project to date – the new $300 million plus residential Southbank Grand Apartments at 151 City Road in Southbank, Victoria.

Located on a prominent corner site bound by City Road, Power and Fawkner Streets, the 43 level tower comprises 515 apartments in a range of configurations including one, two and there bedroom units as well as exclusive penthouses. Southbank Grand also has an eight level podium, with ground floor retail, seven levels of car parking and recreational facilities for residents including an indoor pool, gymnasium, landscaped rooftop garden area and outdoor facilities with BBQ.

“The gentrification of the Southbank precinct has been incredible and it is now a very vibrant and active part of the city. We draw upon our vast experience in building residential towers in the busy CBD environment to successfully deliver Southbank Grand,” said Mr Graham Cottam, Regional Managing Director of Victoria at Brookfield Multiplex.

Construction spanned approximately 24 month period with a number of challenges overcome including tight site access and coordinating early staged handovers.

A total of 1,876 people worked on site during the construction of Southbank Grand.

Brookfield Multiplex has completed a number of residential projects over the past two years including The Quays $180 million tower on the corner of Docklands and the Harbour Esplanade, Stage Two of the Upper West Side Apartments valued at $150 million and most recently the $300 million Prima Tower in Queensbridge Street, Southbank. It has over $800 million worth of projects underway in Melbourne with residential towers including Platinum Tower in Southbank along with Australis, Bella Apartments, Melbourne One and Southbank Central.