Watpac Limited’s construction division has been awarded the $353 million construction contract to deliver the One Central Park residential and retail buildings in Sydney for Frasers Property Australia.
One Central Park is the landmark first residential stage of the $2 billion Central Park precinct in downtown Sydney. As a new urban village located at the western gateway to the CBD, the completed Central Park precinct will comprise residential, retail, and commercial space.
The East tower at One Central Park will comprise 33 storeys, while the West tower will be 16 storeys high, delivering 623 residential units above a five-level retail and recreation podium, The complex will also include a further five levels of basement car parking to cater for 1,200 vehicles.
The contract to build One Central Park is expected to generate approximately 700 construction jobs from the commencement of construction through to 2013, when the buildings are expected to be completed.
A further 150 people will be engaged in off-site activities during the build, which will present unique challenges to the Watpac team in terms of the creation of One Central Park’s cantilevered heliostat which will be positioned 30 levels above ground and extending 32 metres from the edge of the building.
Watpac Construction will build One Central Park’s two residential towers and five-level retail podium as part of the Central Park precinct, which will encompass state-of-the-art environmental management and energy-efficient components during design and construction that will set new industry benchmarks.
The development will aim to achieve minimum 5 Star Green Star ratings for design and building under both the Multi Unit Residential v1 and Retail Centre v1 Green Building Council of Australia rating systems.
