WATPAC SECURES $24M CONTRACT RONALD MCDONALD HOUSE

WATPAC SECURES $24M CONTRACT RONALD MCDONALD HOUSE

WATPAC Limited (ASX:WTP) has signed a $24 million contract with Ronald McDonald House Charities to construct the new tower in South Brisbane.

The 12-level Ronald McDonald House is anticipated to become the largest of its kind in the world, creating additional accommodation for families of sick children.

The facility will be built opposite the new Lady Cilento Children's Hospital and complement the existing house near Mater Private Hospital.

Construction includes 112 rooms, communal spaces, retail area, landscaping and an on-site parking lot.

Watpac managing director Martin Monro says the project draws on the company's reputation for delivering health and residential developments.

"The Watpac team has extensive experience delivering projects that meet complex stakeholder requirements within both the health and residential sectors, and we are confident that our people's skills and expertise will help create a facility that will make a real difference in the lives of these children and their families," Monro says.

Local businesses will have the opportunity to get involved with the project, which is expected to create 80 construction jobs.

QLD and NT construction state manager Drew Brockhurst says Watpac will utilise its strong network in the industry.

"The site is located close to a busy hospital, the South-East Busway and other popular public spaces and our team will draw on their experience to ensure minimal disruption to these stakeholders," Brockhurst says.

Site establishment is underway, with major works to commence in coming weeks.

Watpac is also delivering Healthscope's $148 million Gold Coast Private Hospital and the $47 million stage one works for the new Mater Private Hospital in Springfield.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Crypto staking: a new way to earn passive income
Partner Content
You may be familiar with traditional ways of earning passive income such as trading sto...
Etoro
Advertisement

Related Stories

National Optical Care sets its sights on doubling to 100 practices by 2024

National Optical Care sets its sights on doubling to 100 practices by 2024

Rapidly expanding healthcare group National Optical Care (NOC) is o...

Westpac's $37.8 billion super fund arm BT to merge with Mercer

Westpac's $37.8 billion super fund arm BT to merge with Mercer

Westpac (ASX: WBC) has struck two deals with Mercer Australia today...

Hospitality mogul Glenn Piper to transform Hook Island into "world class hospitality experience"

Hospitality mogul Glenn Piper to transform Hook Island into "world class hospitality experience"

Sydney hotelier Glenn Piper has snatched up his third hospital...

Super fund HESTA "unconvinced", to vote against AGL demerger

Super fund HESTA "unconvinced", to vote against AGL demerger

Superannuation fund HESTA is backing the position of Australian tec...