Construction
$257 billion Construction Opportunity for Australia in 2022/2023
May 31, 2022
The Australian Construction Industry Forum (ACIF) has released its Construction Market report saying that it expects the dollar value of construction work to increase by 2.8%, generating over $256 billion of opportunities in 2022/23. Leading the way will be residential and engineering construction, creating an expected additional 35,000 jobs during 2022. In residential the current boom in activity is expected to run for another two years as the value of work done increases by a further 2.0 percent in 2022/23 and 1.1 percent in 2023/24. Meanwhile, engineering construction activity is set to surge amid a massive pipeline of transport projects, work on clean …
WA Government Invests $332 Million into Geraldton Port
May 25, 2022
Through the 2022-23 State Budget, the Western Australian Government is investing $332 million towards Mid West Ports Authority’s Port Maximisation Project that will enable the Geraldton Port to meet increasing demands for services. The Port Maximisation Project will include works such as: Demolition and reconstruction of the berth ½ with associated ship loading and material handling infrastructure, to facilitate the sand, urea and spodumene products, that are incompatible with iron ore and requires dedicated facilities Rationalisation of port infrastructure to reduce operational maintenance costs Road works (to facilitate the significant increase in truck movements) Other associated infrastructure, such as additional vessels, …
Plans for World’s Tallest Timber Tower in Perth
May 20, 2022
Grange Development submits plans for the World’s tallest timber tower in South Perth The world’s tallest $350 million hybrid timber tower with 245 apartments over 48 levels could soon be built in South Perth. Developer, Grange Development wants to build a 183m-high residential building with one, two, three and four-bedroom apartments and a 500sqm rooftop with an edible garden. The proposed building at 6 Charles Street is named C6 after the periodic table’s symbol for carbon and would become the State’s first carbon-negative building. Post construction, Grange Development has committed to sharing its C6 research, design and construction documentation as …
The Final Puzzle Piece to Elizabeth Quay
November 4, 2021
A 54-storey tower has been approved at Lot 4 of Elizabeth Quay – the last remaining parcel of land at the waterside precinct. The $400 million building will take shape on the corner of The Esplanade and William Street, opposite the Elizabeth Quay Station, and will deliver 70,000sqm of office space and 176 short-stay accommodation units to the CBD. Plans for the project also include a range of amenities including restaurant, café and bar tenancies, a gym, child-care centre and rooftop pool, with construction expected to create hundreds of jobs. The tower will be developed by CA Corporation, and joins …
