Property developer 3L Alliance has appointed Multiplex as construction partner for its $1 billion landmark Queens Place mixed-use development in Melbourne’s CBD.
The ambitious twin-tower project is designed in collaboration by Cox Architecture and Fender Katsalidis Architects and comprises 1,500 apartments over two 80-storey towers.
Backed by Chinese investors, 3L Alliance acquired the massive 350 Queen Street site at the verge of Flagstaff Hill for $135 million in 2014.
The towers will feature retail and commercial office suites, a public plaza with a laneway shopping precinct, restaurants and cinemas.
Construction is set to commence immediately with completion expected in the second quarter of 2021.
“We are delighted to be part of this exciting new project, set to deliver a vibrant new vertical community to Melbourne’s CBD along with some innovative and engaging public spaces,” Multiplex regional managing director Graham Cottam said.
In other news, Multiplex has been appointed as the main contractor for a £400 million ($712 million) deal to redevelop the site of New Scotland Yard’s former central London headquarters.
Developed by Northacre, the project – dubbed "The Broadway" – comprises 268 apartments over six towers rising from 14 to 20-storeys and 142,000sq ft of commercial and retail accommodation.