Curtin University will ramp up development plans on its $300 million mixed-use project, in conjunction with a consortium led by InfraRed Capital Partners, appointing construction company Probuild to deliver the project.
Called the New Exchange Precinct, which has a 24 month construction program, the development will comprise two student accommodation buildings offering 1,000 new student beds and a third building housing 38 apartments and 60 hotel rooms at its Bentley campus in Perth.
The buildings will sit amid a mixed-use precinct of retail, commercial and recreational spaces with a combined gross floor area of 57,400 square metres.
The development forms part of Curtin University’s new Exchange precinct, a mixed-use development hub.
Tier-one construction company Probuild will deliver the Greater Curtin Stage One Student Accommodation project.
Probuild WA managing director Sam Delmenico said it was Probuild’s second construction project on Curtin University’s Perth Campus, and follows on from the builder’s work on the $200 million Victoria University Tower in Melbourne, as well as the ECI contract for the $70 million refurbishment to Curtin University’s Library.
Probuild’s pipeline currently includes Far East Consortium’s The Towers and Ritz Carlton at Elizabeth Quay in Perth, Cbus Property’s 443 Queen Street in Brisbane, UEM Sunrise’s Aurora Melbourne Central and Greenland Australia’s Greenland Centre in Sydney.
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Curtin University vice-chancellor professor Deborah Terry said the Exchange was designed to transform Curtin’s main Perth campus into a major innovation hub.
“Where research, industry and the wider community will be able to come together to drive real-world solutions to tomorrow’s challenges in one convenient location,” professor Terry said.
“The new development will target a 5-Star Green Star Design and As Built which includes water recycling, energy minimisation initiatives and is situated close to Curtin’s bus interchange.”
Construction will commence in the next few months with a completion date slated for 2021.