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

From pandemic side hustle to multi-million dollar business: Meet Ling Fung
Partner Content
Ask any parent, and they’ll tell you: preparing for a new baby is no easy task.&n...
Metro Baby
Advertisement

Related Stories

Inflation set to drive pre-Christmas retail sales even higher to a record $66b

Inflation set to drive pre-Christmas retail sales even higher to a record $66b

Inflationary pressures are set to lift retail spending in the festi...

HESTA completes merger with Mercy Super

HESTA completes merger with Mercy Super

Health and community services super fund HESTA has seen its total f...

QLD government seals $280m partnership to establish mRNA vaccine research hub

QLD government seals $280m partnership to establish mRNA vaccine research hub

The Queensland Government, one of the world's largest vaccine i...

ACCC gives Compare the Market operator green light for iSelect takeover

ACCC gives Compare the Market operator green light for iSelect takeover

The Australian Competition & Consumer Commission (ACCC) has ann...