$2 Billion Central Park Unveiled, Sydney

Sydney CUB Brewery Redevelopment, BroadwayTHE $2 billion redevelopment of Broadway’s former Carlton & United Brewery site, in Sydney, will begin “immediately”.

The NSW Planning Department approved the project, Central Park, which spreads 5.8 hectares and will include apartments, commercial and a retail precinct.

Frasers Property Australia, headed by Singapore property developer Stanley Quek, paid $208 million for the site in July 2007, spending the subsequent 18 months getting concept plans approved.

Read more

Watpac to Build $62 Million RMIT Building on Former Carlton & United Brewery Site, Melbourne

RMIT Cub BuildingWatpac Limited’s (ASX: WTP) Construction division has been awarded the construction of the RMIT University Design Hub, with a contract sum of $62 million.

The high-profile project will be located at the strategic north-west corner of Swanston and Victoria Streets, on the site of the former Carlton United brewery.

Watpac Construction National General Manager, Martin Monro, said the award of this landmark project represented a key milestone in the company’s strategy of growth in the Victorian market.

“Watpac has worked diligently to expand our Construction division in Victoria, and the award of this significant project—our largest to date in this market—is an endorsement of our team and their dedication to building on our reputation for excellence and quality,” Mr Monro said.

Read more