Melbourne square city skyline
Once completed Melbourne Square will be home to six towers. Image Supplied.
  • The precinct will be home to six towers
  • Stage one consists of 1,043 residential apartments
  • Since construction commenced in late 2017, almost 3,000 workers have been on-site

Global construction company Multiplex has announced that the first stage of OSK Property’s $2.8 billion mixed-use development – Melbourne Square – has been completed.

Bordered by Power, Kavanagh and Balston Streets in Southbank, Melbourne Square is on track to become one of the largest mixed-use precincts in Melbourne, featuring six towers that range from 38 to 73 storeys.

The $490 million first stage consists of two residential towers of 54 and 69 levels, consisting of 1,043 apartments.

Four of these towers will be residential that will deliver over 2,610 apartments alongside a 621-room hotel and a commercial office space tower covering 52,000 square metres.

Cox is designing the residential towers featuring pleated facades that maximise views and natural light. These towers also share a terraced eight-level podium that provides over 3,700 square metres of public landscaped parklands and a retail precinct.

Graham Cotton, the Regional Managing Director of Multiplex Victoria, is proud of hitting this milestone.

“We are proud to complete the first stage on one of Australia’s biggest development projects. We’re thrilled to play a pivotal role in delivering much-needed public space and amenity with Melbourne Square’s parklands the largest in Southbank.”

Graham Cotton, Multiplex Victoria

melbourne square pool
The residential tower features a 48-metre lap pool. Image Supplied.

Since construction commenced in November 2017, 2,926 workers have worked on the site with 51,000 cubic metres of concrete used to deliver stage one.

Notably, 13,642 glass panels were used in the exterior design. Levels 8 and 54 consist of extensive gymnasiums featuring premium equipment and machinery along with a 48-metre lap pool.

Once completed, amenities will include a retail centre, childcare centre, dining precinct and extensive public parklands which cascading water features and piazzas.

You May Also Like

Ultima United capital raise buoyed by interest

Perth property developer readies for growth, hoping for a $20M+ raise…

Match for Como Downsizers?

M/Group have announced a boutique apartment complex, M/26 by Match, in one of Perth’s most affluent riverside suburbs…

Quay Quarter reaches 85% pre-commitment rate a year prior to completion

Despite being a year out from completion, 85 per cent of AMP’s Quay Quarter has been pre-committed by tenants..

Pikos Group announces $200 million Kangaroo Point project

The Brisbane-based developer has received developmental approval for the luxury apartment project…