WATPAC WOOS MARY LANE

WATPAC WOOS MARY LANE

WATPAC has won the contract for the $325 million Mary Lane development and is now preparing to shape executive living in Brisbane CBD.

The Brisbane construction business has been awarded the 37-level residential, hotel and dining precinct contract by property developer Mary 111 Pty Ltd. The precinct will also feature Brisbane's newest 5-star hotel, The Westin, and 184 residences.

The developer holds significant interests in Brisbane's CBD and is known for the neighbouring Four Points by Sheraton at 99 Mary Street.

A multilayered atrium with laneways, fine dining and bars will feature at 111 Mary Street and in the residential quarter, four podium levels with a pool, gym, day spa, function space, lobby bar and restaurant below a recreation deck.

Watpac managing director Martin Monro says the company is excited to be involved with a landmark Brisbane project.

"Mary Lane is going to shape executive living in Brisbane, and the standard of luxury hotels in the CBD, so we are delighted to be delivering this project on behalf of Mary 111 Pty Ltd," says Monro.

"This has been a highly anticipated development for Brisbane and Watpac's appointment as builder is a strong endorsement of our skills and experience in delivering major projects in challenging CBD locations."

Works are expected to commence in April and the build timeframe is estimated at 24 months, pointing to completion in 2018.

Apartments will be priced between $460,000 to $2 million-plus.

 

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

How Sourci made it: Meet the founders behind Australia’s new e-commerce wave

How Sourci made it: Meet the founders behind Australia’s new e-commerce wave

In just four short years the co-founders of product development con...

Competition watchdog sniffs at Cochlear-Oticon acquisition

Competition watchdog sniffs at Cochlear-Oticon acquisition

The management at Cochlear (ASX: COH) are hoping to add an extra 75...

Domino’s raising $165m to buy out German partner after settling deal for two new Asian territories

Domino’s raising $165m to buy out German partner after settling deal for two new Asian territories

A day after wrapping up two new Asian territories as part of the bi...

“The work is not over”: Criminal behind Medibank hack dumps more customer data on the dark web

“The work is not over”: Criminal behind Medibank hack dumps more customer data on the dark web

On the same day that Maurice Blackburn lodged a representative...