Frasers Property has appointed Multiplex to build the final residential stage of Central Park, ‘Wonderland’, comprising 294 apartments within a 13-storey curvilinear building.
Valued at approximately $140 million, the construction contract is the second to be won by Multiplex at Central Park.The first contract was for the construction of the award-winning precinct’s fifth residential stage, DUO, designed by Foster + Partners. DUO comprises a mix of residential and commercial spaces including a Starwood Four Points Hotel and the heritage-listed The Australian Hotel, across two buildings fronting Broadway and on the corner of Abercrombie Street. Multiplex will complete both of these buildings in mid-late 2018.
The second contract, for the Wonderland development, requires a workforce of approximately 400 construction workers for a build time of approximately 19 months. For almost two years, Multiplex will have up to 1,200 workers on-site at Central Park, making it one of the largest construction activities for a single contractor in Sydney.
Wonderland is positioned on the Chippendale fringe of Central Park and at the southern boundary of Chippendale Green, Central Park’s 6,400sqm public park. Wonderland is the last residential building to be released at Central Park and is 60% sold. Wonderland was designed by multi-award winning architecture practice, Francis-Jones Morehen Thorp (fjmt).
Facilities in the building include a fully equipped residents-only cardio gym and a rooftop entertaining and dining terrace overlooking Chippendale with BBQ facilities and sculptured seating. It will also feature an exclusive residents’ lounge that can be booked for private functions and meetings, and two open gardens.
A Greenwood Early Education and Childcare Centre located within Wonderland will accommodate 90 children. This will be the second childcare centre that will be delivered by Multiplex on-site at Central Park.
Central Park’s Project Director, Mick Caddey, said Frasers Property has developed an excellent working relationship with Multiplex during the past six months. Appointing Multiplex to the construction of DUO will allow for a seamless commencement of construction on Wonderland.“We have every confidence in Multiplex’s ability to deliver a building of extraordinary quality,” Mr Caddey said.
“Central Park is a superb example of contemporary urban planning, urban renewal and sustainable living, as reflected in the numerous international and national awards the project has won. It is the exemplar of masterplanned precincts for both joint venture partners, Frasers Property and Sekisui House and has set a new industry benchmark in Australia for world-leading masterplanned design and urban planning”.
David Ghannoum, Multiplex’s Regional Managing Director, said the company was delighted to be awarded a second contract by Frasers Property Australia at Central Park. “When construction begins in November this year, we will have the two projects running concurrently at Central Park,” Mr Ghannoum said.
“It’s immensely rewarding for the company to have made such a large contribution to the transformative Central Park precinct which is one of the highest calibre projects in Australia both in design and construction.” For further information on Central Park call 1300 857 057 or visit www.centralparksydney.com.
Libby Conway at The Capital Group
02 9252 3900 or 0401 120 924,
Fiona Neo, Frasers Property
02 9263 8888