Sinclair Brook recently assisted in the negotiation of the Australia 108 Construction Contract between the developer World Class Land and appointed builder Brookfield Multiplex.
The southern hemisphere’s tallest residential tower, Australia 108, will commence construction this month, following the appointment of builder Brookfield Multiplex by developer World Class Land. The leading global contractor will be responsible for delivering the 319-metre luxury apartment building designed by Fender Katsalidis Architects and to feature 1105 landmark apartments across 100 levels. The $1 billion tower will also feature three levels of world-class residential amenity, including two infinity pools located 210 metres above ground.
Brookfield Multiplex will commence site establishment works on the Southbank project immediately in preparation for piling to commence in mid October. The tower will be constructed over five stages, with the first stage earmarked for completion in 2018 and the final in 2020. The full construction contract is estimated to be worth more than $500 million.
Aspial said the appointment of Brookfield Multiplex recognised the company’s expertise in the skyscraper market and aimed to give buyers certainty that the project is on track.
Brookfield Multiplex was thrilled to be involved in such a transformative project, which would bring the value of its current residential projects under construction to more than $1 billion.
Australia 108’s luxury apartments launched to market in February, with the tower’s 750 square metre penthouse selling in April to a Chinese national for $25 million. It was the most expensive apartment sold in Australia. CBRE confirmed the tower was almost completely sold, with less than 30 Cloud residences still remaining.
Divided into two exclusive experiences, the building features 161 Cloud Residences above level 71 with their own private lobby including concierge and private lifts as well as an exclusive recreation facility within the Star Club on level 71. This health and wellbeing enclave will feature an infinity pool, private gym and entertaining facilities.
All residents have access to world-class health and wellbeing facilities on level 70 of the Star Club and a separate lobby and lifts. Further resident amenities available to all include a 25 metre lap pool, gym, golf simulator, outdoor BBQ area and theatre on level 11.
Carr Design Group has designed the five-star hotel-like interiors, while international hospitality design firm Hirsch Bedner Associates (HBA), responsible for the interiors of the Wynn Encore in Las Vegas, Park Hyatt Maldives and the Park Lane Intercontinental in London, has designed the communal facilities available only to Cloud Residence owners.
The tower has been designed as a modern curvaceous landmark with white stripes enveloping the facade, and which have integrated LED lighting at night to accentuate the building’s curves. The golden starburst visually penetrates the tower’s slender soaring forms with a sculptural exuberance inspired by the Federation Star on the Australian Flag.
For more information on the Australia 108 project view the SB project page.