Daracon to deliver Aerolab Stage 1
Daracon has been announced as lead contractor on the $13m stage 1 of the Astra Aerolab development near Newcastle. The project sits on a 76 hectare site adjoining Newcastle airport...
Category: Project Announcements
Westgate Tunnel Project Sinking…
Project owner Transurban has this morning advised the ASX that JV contractors CPB and John Holland are seeking to terminate their contract to build the Westgate Tunnel Project. The project...
ADCO wins $45m hotel redevelopment in Perth
ADCO Constructions has today announced that it has been appointed to redevelop the Parmelia Hilton Perth in a $45m upgrade of facilities. The project will renew the facade and guest...
CIMIC Cleans-up in Christmas Rush
Christmas has come early for constructor CIMIC with over $570m in contracts awarded in the lead-up to the traditional break. Subsidiary CPB has been confirmed on the $423m Metronet as...
It’s not boring in Melbourne
With tunneling work on the Westgate Alternative Tunnel continuing to be on hold due to soil contamination, news today that the Metro Tunnel has ground to a halt too has...
Town Squares on the agenda in Sydney/Adelaide
As news filters through that Adelaide’s Central Market precinct is in line for a $400m redevelopment, another piece has fallen into place in Sydney’s plans for its own town square....
Chadstone to expand again
Chadstone Shopping Centre owners Vicinity Centres has announced a new round of investment in the site following the opening of the landmark hotel development in 2019. A further $685m will...
CPB/Downer preferred for Perth Metronet
NE West Alliance (CPB Contractors and Downer) have been declared as preferred contractors on the Perth Metronet project. The Yanchep extension takes Joonalup north from Bulter to Yanchep and the...
Field narrows to 4 for 555 Collins St
Charter Halls 555 Collins St development has shortlisted four usual suspects in the race to win the construction contract – Lendlease, Multiplex, ProBuild and CPB. The twin towers will be...
Genex confirms $175m funding to finance Jemalong Solar
Genex Power Ltd has announced it has secured funding of $175m to finance the construction of its 50MW Jemalong Solar project in NSW. Included in the deal is the refinancing...