JOHN HOLLAND WINS $830M CONTRACT FOR WATERFRONT PLACE BRISBANE

Melbourne-based builder John Holland has won the contract to develop the first stage of Waterfront Brisbane at Eagle Street Pier.

The ASX-listed Dexus awarded the contract to John Holland to build stage 1 of the $2.3 billion business and tourist project.

Details of this stage 1 are:

• A 49-storey, north tower
• 72,500 sq m of office space
• Integrated retail areas
• A new riverside walk
• 9000 sq m of public open space

Dexus (which has a total real estate portfolio of $45.3 billion) got approval from the Brisbane City Council for the transformation of the Eagle Street Pier and Waterfront Place precinct just before Christmas, in 2020.

Construction will start this year and the plan is to finish by 2027.

At peak Stage 1 is expected to employ up to 650 workers.