Hutchinson awarded ex-Probuild contract, Brisbane
Cbus Property has appointed Hutchinson Builders to complete Brisbane’s first subtropical themed apartment towers, at 443 Queen Street.
The local outfit will replace failed builder Probuild, which was put into administration by its South African parent in February – halting projects worth billions, particularly on Australia’s east coast.
The 443 Queen St development was amongst the highest profile – with two skyscrapers constructed to near their proposed 47 storey height.
With some 264 dwellings, the uber-green complex was due for completion by the end of this year.
The Hutchinson appointment comes four weeks since Sydney-based Roberts Co used the collapse to enter the Victorian market, snaring the majority of Probuild’s business, specifically 152 staff, its St Kilda Road headquarters and five major projects.
Earlier this month we reported the group won another construction contract in that city from Golden Age Group – a 28 level strata office tower at 130 Little Collins Street.
Contractor already on site: Hutchinson
Hutchinson, the country’s largest private owned builder, already has a contractor at 443 Queen St.
“We have a long and proud history of delivering similar premium high-rise residential projects across Australia,” director Russell Fryer said.
A team which recently completed the Langham Gold Coast has been “handpicked” to deliver the Brisbane development (story continues below).
“We are working closely with Cbus Property, the consultants, subcontractors and supplier to successfully complete this landmark building,” the executive added.
Third project for pair
The 443 Queen St project will be third Hutchinson delivers for 443 Queen St – following the nearby office at 205 North Quay, which is under construction, and the Langston Epping, in Sydney’s north west, set to contain three apartment towers.
“We are confident the appointment of Hutchinson Builders, one of Australia’s most renowned and reliable builders, will deliver this iconic residential tower for Brisbane’s city skyline to the highest possible standard,’ Cbus chief executive officer, Adrian Pozzo, said.
“As communicated to our purchasers, since commencing preliminary works on site three weeks ago, Cbus Property, together with Hutchinson Builders, continues to finalise subcontractor negotiations and prepare a revised construction programme,” he added.
“Once finalised, we will provide an update to purchasers with a more definitive completion timeline,” according to the executive.
“We continue to reassure purchasers that this unique residential development is nearing completion, and that we will deliver a landmark building with the utmost attention to detail and finish”.
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