Australian company Multiplex has been appointed by 3L Alliance to deliver the first residential tower as part of the alliance’s $1bn Queens Place mixed-use development in Melbourne’s central business district (CBD).
Located at 350 Queen Street near Flagstaff Hill, the development will comprise 1,500 apartments within twin towers spanning 80 levels each set above a podium.
The development will also include retail and commercial office suites, a public plaza with a laneway shopping precinct and lifestyle amenities such as restaurants, private cinemas, a library, poker and mahjong room, a private garden terrace, karaoke suite and a cigar bar.
Multiplex regional managing director Graham Cottam said: “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.”
Stage One of Queens Place, designed by Cox Architecture and Fender Katsalidis Architects, is valued at AUD355m ($264m). Under this phase, a six-level basement, six-level podium and the first 80-level residential tower will be constructed, which will provide 815 apartments of one, two and three-bedroom configurations plus exclusive penthouses.
It will also include facilities such as a swimming pool, gymnasium and crèche.
Construction will begin immediately and is expected to be completed in the second quarter of 2021.
Queens Place is within walking distance to Crown, the Yarra river, and is easily accessible to public transport to gardens and universities. The elevated positioning of the site will also offer panoramic views of the CBD and surrounds.
Earlier in May 2018, Multiplex was appointed by Winten Property Group to deliver its $1bn 1 Denison Street commercial office tower in North Sydney.
The 37-level tower will be the largest and tallest building within the North Sydney CBD and provide more than 60,000m² of office space with a two-level lifestyle precinct and basement parking for 225 cars.
The 1 Denison Street project has been designed by architects Bates Smart and will feature a public forecourt area with a mix of urban structures and natural features, and retail, restaurants and bars over two levels.