Brookfield Multiplex Wins $800 Million Project


Chinese developer Greenland Group has appointed Brookfield Multiplex to build its $800 million Greenland Centre Sydney residential tower.

Construction activity is expected to be seen onsite as soon as April with the project’s programme of works currently on schedule.

Greenland Centre Sydney is the group’s first landmark tower in the heart of Sydney’s CBD.

Located at 115 Bathurst Street, it will be Sydney’s tallest residential tower, comprising 478 apartments, a 172-room boutique hotel, 275 square metres of retail space and 2,000 square metres of floor space dedicated to Council’s creative hub.

Only 12 apartments remain available after a very strong pre-sale period with one of the penthouses selling last week for over $10 million.

The building is being designed by BVN Donovan Hill and Woods Bagot.

Sherwood Luo, Managing Director Greenland Group, Australia (pictured second from left), said Multiplex was the right partner for such a significant project.

“We are delighted to be partnering with Brookfield Multiplex to construct this iconic and stunning city apartment building that will transform the Sydney skyline.

"A project of this scale and complexity needs the technical expertise and significant residential construction and development experience that Brookfield Multiplex can deliver.”

Brookfield Multiplex Regional Managing Director for NSW David Ghannoum (pictured second from right) said the appointment was a major event for the company.

“For Brookfield Multiplex to be appointed to such an iconic new residential development is a considerable achievement for our team and we are excited to be a part of it," Mr Ghannoum said.

"With our expertise in delivering complex high-rise apartment projects within busy CBD environments, we are confident we will deliver an outstanding project for Greenland."Brookfield Multiplex has extensive residential construction and development experience having built some of Sydney’s most exclusive and high quality towers including Lumiere, The Wharf, Woolloomooloo, Bennelong Centre and Manhattan Apartments.

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