<a href="https://www.apartments.com.au/developers/draycon">Draycon Building</a> is nearing completion of Boutique Chevron Island, a 42-apartment development on the northern end of Chevron Island at 17–19 Parneno Street, with a limited-time offer of fully furnished apartments available.

Now more than 90 per cent complete, <a href="https://www.apartments.com.au/buildings/boutique-chevron-island-17-19-parneno-chevron-island-qld-4217">Boutique</a> has been shaped by one of the Gold Coast’s most tightly held island addresses, where riverfront outlooks and walkable access to Surfers Paradise converge.

For Draycon Building Managing Director Howard Dabit, the appeal of the site was immediate.

“I knew it was a good site as soon as I saw it,” Dabit said.

“The position and location on the north end of <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>, the way the river swirls around the site basically from the north to the east, it feels like the site is surrounded by the water. The height that we’ve got and the aspect looking north is beautiful. Eighty per cent of the apartments are looking north so they get that drenching sunlight coming in.”

[smartcode_project:default project_id=89709 project_image_fid=360922]

That northern orientation places the development within a stretch of Chevron Island defined by open river aspects and skyline views, while remaining embedded in the suburb’s established village setting.

Chevron Island has increasingly drawn owner-occupiers seeking centrality without the intensity of high-rise beachfront living. Positioned at the geographical centre of the Gold Coast, the island offers direct access to both the beach and key cultural infrastructure while retaining a neighbourhood-scale character.

Connected by bridge to Surfers Paradise, Chevron Island offers walkable access to beaches, riverfront parklands and a revitalised foreshore boulevard animated by walkers and cyclists throughout the day. The Pacific Ocean is only minutes away, reinforcing the suburb’s dual river-and-surf identity.

At the same time, Thomas Drive forms the spine of the island’s village life, delivering cafés, wine bars, casual dining and everyday services within easy reach. Independent grocers, wellness operators and neighbourhood retailers contribute to a community atmosphere that remains distinct from the vertical scale of the beachfront.

[smartcode_project:default project_id=89709 project_image_fid=360915]

In the opposite direction, the Green Bridge links directly to HOTA – Home of the Arts – placing galleries, performance venues and parklands within walking distance. Weekly markets and major exhibitions draw visitors from across the region, while residents return to a quieter residential pocket at day’s end.

Public transport, including nearby bus routes and the G:link light rail corridor along the coastal spine, strengthens connectivity north and south. Griffith University, the Gold Coast University Hospital precinct and established private schools such as The Southport School are all within a short drive.

Ongoing investment across Surfers Paradise, HOTA and the broader Southport corridor has elevated amenity while preserving Chevron Island’s comparatively low-rise residential character. It is this balance, walkable village atmosphere paired with metropolitan-scale infrastructure, that continues to differentiate the suburb from higher-density beachfront precincts.

Boutique comprises just 42 residences, designed to maximise river and skyline outlooks within this tightly held island setting.

Boutique Chevron Island is slated for completion in April 2026, with prices starting from $1,220,000.

[smartcode_project_cta:default project_id=89709]

Joel Robinson

Draycon Building’s Boutique Chevron Island places 42 residences at the heart of the Gold Coast

Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured planning approval for a $300 million residential development in Lindfield, marking the company’s second project on Sydney’s North Shore and its first on the Upper North Shore.

Located on Beaconsfield Parade and designed by DKO Architecture, the state significant development comprises three buildings of up to 10 storeys and will include 399 residences, including 59 affordable homes and 40 adaptable homes.

Residences will range in size from one, two and three bedrooms, with two-bedroom apartments accounting for over 60 per cent of the product make-up. Residents will have access to a broad suite of amenities, including a wellness area, indoor and outdoor recreational spaces, a pool, a gym, a community room and a golf simulator.

In line with Deicorp’s long-standing focus on creating transit-oriented communities, the project is located just 260 metres from the Lindfield Train Station, reinforcing its role in delivering well-connected housing close to established infrastructure, retail and local services.

The inclusion of affordable and adaptable housing supports greater diversity within the local market, while the mix of apartment types responds to demand from downsizers, young professionals and families seeking access to the Upper North Shore.

Deicorp Founder Fouad Deiri OAM said the approval represents an important milestone for both the company and the suburb

“This approval allows us to deliver well-designed homes in a location that is already supported by strong transport and community infrastructure," Deiri said.

"Our focus is on creating places that integrate into their surroundings and provide long-term value for residents, and the broader Lindfield community. Being within walking distance of the station ensures this project supports sustainable growth in the right locations."

Across its portfolio, Deicorp currently has 4,703 apartments under construction, playing a leading role in shaping connected, liveable communities across Sydney.

Its expanding portfolio of Metro-linked developments includes Tallawong Village, <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> in Five Dock, <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a> in Sydney CBD, <a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a> in Crows Nest and Showground Village, Castle Hill.

Deicorp purchased the Beaconsfield Paradise site last year. Construction is scheduled to commence in Q2 of 2026 and will be completed in 2029.

Deicorp expands portfolio to nearly 5,000 apartments with Lindfield project

In a joint venture with The Trump Organization, Australia developer Altus Property Group has announced plans to bring a Trump International Hotel &amp; Tower to the Gold Coast, marking the first Trump-branded project in Australia.

"Trump International Hotel &amp; Tower, Gold Coast is our first official project in Australia and reflects our unwavering commitment to delivering world-class luxury experiences in iconic locations around the world," Eric Trump, Executive Vice President of The Trump Organization, said.

"This development exemplifies the Trump brand’s dedication to quality, sophistication, and unmatched service, and we are thrilled to bring this vision to the vibrant Gold Coast community."

The 91-storey building, which will become the tallest in Australia at 335 metres, will feature a&nbsp;285-room luxury hotel bearing the trademark Trump logo. It will also include 272 luxury residential apartments, a three-level podium with an exclusive Beach Club, and over 3,400 sqm of premium commercial, retail, and dining space, revitalizing the central Surfers Paradise precinct.

“Trump International Hotel &amp; Tower, Gold Coast will be a truly unique offering in the Australian market, bringing the prestige and allure of a world-class luxury brand,"&nbsp;Altus founder and chief executive David Young said.

"Altus Property Group is proud of its track record in delivering landmark developments across Australia, and our expertise ensures this project will be an outstanding success."

Trump Hotel heads for the Gold Coast to become Australia's tallest building

More than a century after the Corrimal Coke Works first opened in 1912, the industrial landmark that helped shape the suburb is being reinterpreted as a walkable residential neighbourhood, with Stage One of <a href="https://www.apartments.com.au/new-apartments/the-works-stage-one-27-railway-street-corrimal-nsw-2518">The Works</a> now underway at 27 Railway Street.

For 102 years, the site was central to <a href="https://www.apartments.com.au/developments/corrimal-nsw-2518">Corrimal</a>’s economic and social identity before operations ceased in 2014. Rather than erasing that legacy, developer Legacy Property has embedded it into the masterplan, retaining and reinterpreting elements such as the iconic 1912 brick chimney and sections of the original C1 Coke Oven Battery, alongside the adaptive reuse of the former powerhouse building.

Stage One will introduce 181 apartments across low-rise buildings, offering predominantly two and three-bedroom residences with completion targeted for mid-2027. The scale and configuration reflect a deliberate focus on owner-occupiers, targeting those seeking a lower-maintenance home in a prime location within the northern suburbs of Wollongong.

[smartcode_project:default project_id=143415 project_image_fid=359833]

Apartments have been designed to maximise natural light and cross-ventilation, with floor-to-ceiling glazing extending living areas onto generous balconies. Engineered timber flooring, induction cooktops and 900mm ovens in larger residences support everyday functionality, while two interior palettes allow buyers to tailor finishes to their preferences. The material selection draws on a restrained coastal language, intended to connect homes to their surroundings rather than compete with them.

The Works forms part of a broader 18-hectare masterplan that will ultimately deliver around 550 dwellings, new parks, and a heritage precinct celebrating the site’s past. More than seven hectares are dedicated to open space, including Southern Park and a Village Green with community gardens and recreation areas. The creek corridor is being rehabilitated with 150,000 native plantings, restoring biodiversity to the site and softening landscape.

[smartcode_project:default project_id=143415 project_image_fid=359841]

Positioned adjacent to Corrimal Station and within walking distance of Corrimal Town Centre, the precinct places daily essentials, rail connections and local retail within easy reach. Wollongong CBD, including the hospital, university and entertainment venues, sits approximately 6.5 kilometres to the south.

For buyers more familiar with North Wollongong, Corrimal offers a different proposition: a well-established coastal suburb framed by beaches to the east and the escarpment to the west, with a strong sense of local identity shaped in part by the former Coke Works. The Works seeks to reinforce that identity by creating a connected, walkable neighbourhood between coast and escarpment, rather than a standalone apartment complex.

Sustainability underpins the development approach. The Works is targeting Wollongong’s first 5-Star Green Star-rated community, with water-sensitive urban design, recycled materials and energy-efficient buildings integrated across the masterplan. For residents, these measures provide not only environmental benefits but also reduced operational costs and future resilience.

[smartcode_project:default project_id=143415 project_image_fid=359842]

With construction commenced and display materials available to view, prospective buyers can now engage more directly with the project’s vision, reviewing floorplans, material selections and the broader masterplan in detail. For many local homeowners weighing a move, the opportunity to experience how heritage, landscape and contemporary design intersect may help bridge the gap between familiarity and the next chapter.

As Stage One progresses toward its mid-2027 completion, The Works represents a significant chapter in Corrimal’s evolution, transforming a site that once powered local industry into a walkable residential precinct designed for its next generation of residents.

[smartcode_project_cta:default project_id=143415]

Legacy Property’s The Works reimagines Corrimal’s century-old Coke Works

When it comes to developing in Melb​ourne's Bayside region, <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> knows exactly what buyers want.

With a longstanding presence in the area and a string of sell-out projects, Lowe Living consistently delivers developments that are as sought-after as their predecessors.

Their latest instalment is in <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a><a href="https://www.apartments.com.au/developments/hampton-east-vic-3188">&nbsp;East,</a> the same postcode where they have previously delivered Hampton Hill and Oceano. The developer-builder recently commenced construction on its newest project,&nbsp;<a href="https://www.apartments.com.au/new-apartments/marella-hampton-31-35-alicia-street-hampton-east-vic-3188">Marella</a>, a collection of 32 apartments just five minutes from the beach.

Site acquisition is paramount to success. Lowe Living rarely brings a building to market that isn’t within walking distance of essential amenities, whether it be the beach, a prominent retail strip, or a train station. Marella is no exception, located at its Alicia Street address, less than a kilometre from the retail heart of Hampton Street and Hampton Station.

[smartcode_project:default project_id=146197 project_image_fid=358495]

Equally important to Lowe Living is the architecture.

For Marella, they appointed <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, who explains that the architectural vision was to create a contemporary reinterpretation of the Californian bungalow, a style that’s iconic to Hampton’s heritage.

"By borrowing, abstracting, and reinterpreting elements of this quintessential style, such as strong datum lines, articulated columns, exposed structures, and roof tiles, our design strikes a balance between modernity and familiarity," says Cera Stribley.

"This approach ensures that the development is not only visually appealing but also contextually sensitive, resonating with Hampton's existing architectural landscape."

[smartcode_project:default project_id=146197 project_image_fid=358499]

The building features terracotta brick, soft cream masonry, and exposed metal detailing, giving it a tactile presence that is intended to weather gently over time.

Internally, the focus on lasting quality continues, with two and three-bedroom residences anchored by sculptural stone kitchen islands, natural light, and clearly defined transitions between living, dining, and outdoor spaces.

The layouts have been carefully designed. Open-plan zones extend to private balconies, with light-filled interiors and generous kitchen proportions, supported by Miele wall ovens, induction cooktops, and integrated fridge-freezers. These are not small apartments rebranded as luxury; they have been designed at scale, with ample storage, hotel-style entry access, and secure basement parking provided as standard.

[smartcode_project:default project_id=146197 project_image_fid=358492]

At the uppermost level, Marella’s Signature Collection penthouses offer city or bay views, large entertaining terraces (some with outdoor spas), and elevated finishes, including fully wrapped stone kitchen benches and a Liebherr wine fridge.

Flexible room arrangements allow for a fourth bedroom or secondary living space, sought-after by both empty nesters who want the space when family visits and families with older children.

[smartcode_project:default project_id=146197 project_image_fid=358498]

A residents’ lounge on the ground floor reinforces the project’s small-community feel. With a fireplace, private dining area, and adjoining terrace, it’s one of several shared spaces that balance amenity with privacy and scale.

Construction has commenced, with completion expected in early 2027.

[smartcode_project_cta:default project_id=146197]

Lowe Living continues Bayside legacy as Marella rises in Hampton

Brookfield

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John Wacker, the Hong Kong-based lawyer, has bought in Brisbane's west.
He's recently settled on a $4.1 million acreage in Brookfield.
The hilltop home, known as Lani Mauna, Hawaiian for “mountain reaching heaven”, had been on the market for over a year.
It was designed by architect Tim Ditchfield with strong references to modern tropical architecture after the one hectare block traded for $1.5 million in 2011.
Built with a no expense spared budget, Lani Mauna has five bedrooms, a library, home office, gym, temperature controlled wine cellar and a 22 metre infinity edged solar heated pool.
Johnston Dixon agent Josephine Johnstone-Rowell sold the home.
Wacker, who has been at Bank of American since 2005, owns a $3.28 million Noosa home.
This article was first published in the Weekend Australian. 
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Bank of America general counsel buys Lani Mauna in Brookfield

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The Gallery House development in Brisbane’s Northshore Hamilton reported strong sales in the June quarter with 31 sales.
The results put it top of the pile in a recent Urbis Essentials report, with the nest new development recording 12 sales in the same period.
Gallery House features 319 one, two, three and four bedroom apartments across the 20-level Gallery House One and 19-level Gallery House Two towers.
Construction on both towers at the project is being lead by building contractor Multiplex.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/13/Gallery%20House%202.jpg" alt="">
Brookfield Residential Properties’ Managing Director, Lee Butterworth said more than $173 million of luxury apartments have now sold at Gallery House.
"The opportunities to secure such generously-sized luxury riverfront apartments in the current market are extremely limited, and as a result, we are seeing increasing enquiry from buyers wanting to secure their own private oasis close to the city centre," he said.
"Sales to date have predominately been to owner-occupiers, including empty nesters looking to make the move from a home to an apartment and professionals wanting to be close to the city centre."
Two bedroom apartments are prices from $565,000; three-bedroom from $865,000; and four bedroom from $1,195,000.
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j.ballantyne1990-6AQqhLzZaK

Brisbane development Gallery House reports strong sales quarter

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ISPT Property and Brookfield's joint venture development at 405 Bourke Street officially commenced construction yesterday, and Urban.com.au was onsite to witness this significant milestone.

Taking place on level six of the existing car park that forms part of the first phase of the site's development dubbed The Foundry, 405 Bourke Street's launch event offered attendees a glimpse into the heart of the construction site with footing works in full swing.

Also in attendance were representatives from the development partners which included Brookfield's Managing Partner Sophie Fallman, Brookfield's Head of Development (Australia) Carl Schibrowski,  ISPT CEO Daryl Browning plus Matthew Kandelaars,The Property Council of Australia's Acting Victorian Executive Director.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/20180828_102444.jpg" rel="gallery-all" title="L-R: Matthew Kandelaars (PCA), Daryl Browning (ISPT), Sophie Fallman &amp; Carl Schibrowski (Brookfield)"><img alt="" class="image-article-full-width-580px" height="428" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/20180828_102444.jpg?itok=VKNRSu6c" title="L-R: Matthew Kandelaars (PCA), Daryl Browning (ISPT), Sophie Fallman &amp; Carl Schibrowski (Brookfield)" width="580"></a>

<figcaption>L-R: Matthew Kandelaars (PCA), Daryl Browning (ISPT), Sophie Fallman &amp; Carl Schibrowski (Brookfield)</figcaption></figure>Designed by Woods Bagot, 405 Bourke Street will eventually stand as a 39-storey building which encompasses 31 levels of A-Grade office accommodation. A side core configuration has allowed for 66,491 square metres of net leasable area, supported by three levels of retail and 177 car parking spaces.

ISPT Property acquired a 50% stake in the development - which will also feature a north-south retail laneway linking Bourke Street and Little Collins Street - in December 2017.

The development partners have already secured NAB as the anchor tenant, who committed to a minimum of 43,000 square metres of space, with an option to occupy the balance of floor space. NAB's flexibility option has yet to be acted upon.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/405_b_site_panorama1.png" rel="gallery-all" title="On site at 405 Bourke Street. "><img alt="" class="image-article-full-width-580px" height="312" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/405_b_site_panorama1.png?itok=QxbpMINM" title="On site at 405 Bourke Street. " width="580"></a>

<figcaption>On site at 405 Bourke Street.</figcaption></figure>While official construction on the "transformative commercial project" was celebrated yesterday, ground works have been in motion over recent months. A major construction marker will occur this Thursday with a raft slab pour planned; 800 cubic metres of concrete - the equivalent of 200 concrete trucks - will form the major foundation point for the tower.

Typical office floors will be supported by steel-framed structure over the alternative concrete column and floor format. Another challenge looms in the form of the cantilevering floor plates 48 metres above ground, jutting over the adjacent 399 Bourke Street. 

405 Bourke Street is scheduled for completion in March 2021.

<iframe allow="autoplay; encrypted-media" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/5BHVSt4oqPk" width="560"></iframe>
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Laurence Dragomir

Construction officially commences on 405 Bourke Street

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Rob Shand, the former boss at asset management giant Blue Sky, and wife Anna, have moved closer to Brisbane following the sale of their Pullenvale home.
They've been reported to be the buyers of the <a href="https://www.realestate.com.au/property/209-moons-lane-brookfield-qld-4069" target="_blank">Pullenvale home</a> of Brisbane wholesaler Doug Rylance and wife Chrysanthe.
They paid $2.4 million for the home back in 2009 shortly after it was remodelled.
The four bedroom, three bathroom home on over 1.1 hectares wasn't publicly marketed (above), but locals believe the price will be around $3 million.
The grounds features a 14 metre swimming pool with separate pavilion, a tennis court with self-contained pavilion and a 60 x 20 metre dressage arena that adjoins fenced paddocks.
There's American barn-style stables and storage and 100 year old Hoop Pines on the property.
It sits just six kilometres away from the Shand's former home which they sold recently.
The five bedroom Woodfield Road home, which also featured a swimming pool and tennis court, has been sold to interests associated with Morgans broking analyst Scott "Scooter" Murdoch
The Australian Financial Review noted a priority notice had now been registered on the title of the Woodfield Road property in the name of Murdoch's partner, Shontelle Thomas. 
Around $1.5 million was expected for the home bought for $993,000 back 2013.
Shand stepped down from the role of chief executive of Blue Sky in April.
 
 
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Former Blue Sky boss Rob Shand upgrades outside Brisbane

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Lani Mauna, set high on Brookfield's rolling hills, Queensland, remains for sale after its weekend auction.
There was a $3.11 million top bid.
It was designed by the architect Tim Ditchfield, with strong references to modern tropical architecture.
The one hectare block cost $1.5 million in 2011 at Brookfield, just 15 kilometres from the city centre.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/8/brook2.jpg" alt="">
It is listed through <a href="https://www.realestate.com.au/property-house-qld-brookfield-127440498" target="_blank">Queensland Sotheby’s International agent Douglas Tonkin.</a>
Ditchfield had also designed a similar house on the Sunshine Coast for the owners. 
The name is Hawaiian for “mountain reaching heaven”. 
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Lani Mauna remains for sale

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Lani Mauna, set high on Brookfield's rolling hills, has been listed for sale.
It was designed by the architect Tim Ditchfield, with strong references to modern tropical architecture.
The one hectare block cost $1.5 million in 2011 at Brookfield, just 15 kilometres from the city centre.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/8/brook2.jpg" alt="">
It is listed through <a href="https://www.realestate.com.au/property-house-qld-brookfield-127440498" target="_blank">Queensland Sotheby’s International agent Douglas Tonkin.</a>
Ditchfield had also designed a similar house on the Sunshine Coast for the owners. 
The name is Hawaiian for “mountain reaching heaven”. 
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Lani Mauna on Brookfield's hill for sale

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Construction has begun of Gallery House One, a $140 million tower in the $5 billion Northshore Hamilton riverfront precinct near Brisbane.
The investment by Brookfield Residential Properties' has tipped over $830 million.
Galley House One sales have reached over $100 million, with 80 percent of the 20 level tower sold. 
The tower comprises one, two, three and four bedroom apartments. Remaining apartments in the building start from $419,000, with two penthouses still available starting from $2,295,000.
A residents-only rooftop crowns Gallery House One and is complete with a 20 metre infinity pool, lounge and barbecue area.
The project's second and final tower, known as Gallery House Two (below), comes to the market with $34 million in sales from registered buyers.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/12/6/Gallery%20House%20Two.jpg" alt="">
Brookfield Residential Properties general manager Lee Butterworth said the success of the project proved that quality, riverfront property was in high demand in Brisbane.
"Gallery House has been a stand-out performer in the Brisbane apartment market, quickly gaining a reputation for luxury, riverfront living that offers city conveniences in a tranquil setting," he said.
"Turning the sod on Gallery House One is a major milestone - made all the more significant by the fact we have simultaneously successfully launched the second phase of the project, Gallery House Two.
"We have partnered with Multiplex to build these apartments to the highest standard and are looking forward to delivering our buyers their dream home."
Brookfield Residential Properties is the most active developer in the Northshore Hamilton precinct, having already delivered six apartment buildings as part of its neighbouring Portside Wharf retail and residential community.
Butterworth said the company's footprint in Northshore Hamilton would ultimately total $1.3 billion - making up a fifth of the entire $5 billion urban renewal project - the largest of its kind in Queensland.
"Brookfield recognised the potential of the Hamilton riverfront early and moved to control up to six hectares of unused State land that we have transformed from a disused industrial area into a thriving waterfront community," he said.
"Our Portside Wharf development was the catalyst for the rejuvenation of Northshore Hamilton and a transformative project for the entire suburb.
"Gallery House will continue this legacy, ensuring the Hamilton riverfront builds on its reputation of offering some of the best living opportunities in Queensland."
For more information on Gallery House <a href="http://gallery-house.com.au/" target="_blank">click here. </a>
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jrobinson-rf4aSBido9

Construction commences on Brookfield's Gallery House

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Australian contractor Brookfield Multiplex is dropping Brookfield from its name and rebranding to Multiplex while still remaining a Brookfield company. 
Multiplex is owned by Brookfield Business Partners, the flagship listed entity of Canadian private equity firm Brookfield Asset Management.
The construction company was bought by Brookfield Asset Management for more than $4 billion in 2007.
John Flecker, chief executive officer of Multiplex Australasia, said, “This is a time for us to rebrand and to ensure our own unique construction identity both within the Brookfield group and with our external stakeholders as a global construction business.” 
“Aside from our name and logo changing, it’s business as usual. There are no operational or organisational changes being made.” 
Multiplex was established in 1962, and its projects are worth US$66.2 billion, according to a press release.
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Brookfield Multiplex rebrands to Multiplex, no change in ownership

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Cbus Property is set to kick off construction on arguably its two most prized Melbourne developments.

447 Collins Street has landed builder Brookfield Multiplex in an early contractor involvement role, with works to begin during September. Usurping 447 Collins Street with an August construction start will be Classic East Melbourne, with the ultra high-end residential development looking to take advantage of strong demand for luxury apartment living.

Prompting 447 Collins Street's move to construction is news that law firm King &amp; Wood Mallesons will anchor the commercial aspect of the development by taking 8,300sqm or 20% of the 49,000sqm of leasable commercial space available. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image97_0.jpg" rel="gallery-all" title="Collins Arch edges closer to reality"><img alt="" class="image-article-full-width-580px" height="281" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image97_0.jpg?itok=6NZ_RKrn" title="Collins Arch edges closer to reality" width="580"></a>

<figcaption>Collins Arch edges closer to reality</figcaption></figure>The development team will push for the project to become Melbourne's first <a href="https://www.wellcertified.com/well">WELL Building Standard</a>-rated commercial tower. A WELL rating pertains to a given building's built environment health with behavior, operations and design taken into account. With a 2019 completion date set, King &amp; Wood Mallesons staff will be among the many white collar workers within 447 Collins Street which will also sport extensive end of trip facilities.

With 447 Collins Street locked into construction Cbus Property and agent Colliers International will focus on leasing the balance of commercial space still available, whilst also preparing to launch the residential aspect of the project which will be known as Collins Arch. Marketing for the 205 luxury apartments will begin during September.

Meanwhile construction works are to commence next month on Cbus Property's Classic East Melbourne apartment project. The ultra-luxury development valued at $160 million is a joint venture with global property player Brookfield, finally realising plans to develop sites either side of the Pullman Hotel on East Melbourne's Wellington Parade.

Brookfield's entry into the Melbourne apartment market follows on from its acquisition of Thakral Holdings which initiated plans to develop the land holding the best part of a decade ago.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cbus9196_east_melbourne_apartments_e01_mosspenoch_hero-1.jpg" rel="gallery-all" title="Mosspenoch and 22 Clarendon in view. Image: CBUS Property"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/cbus9196_east_melbourne_apartments_e01_mosspenoch_hero-1.jpg?itok=fuPv6Ne8" title="Mosspenoch and 22 Clarendon in view. Image: CBUS Property" width="580"></a>

<figcaption>Mosspenoch and 22 Clarendon in view. Image: CBUS Property</figcaption></figure>Aimed squarely at the higher end buyer, apartments within the tri-building project will be priced between $1.4 million and $6.5 million.

Lovell Chen have devised apartments within the 1882 Mosspenoch building. Originally designed by Charles Webb, the grand home will now be refashioned into six three bedroom apartments of between 167 to 273sqm. Modern additions are by Bates Smart and take the form of a seven level building at 22 Clarendon Street and a fourteen level build dubbed Parade fronting Wellington Parade.

Dwellings within 22 Clarendon Street maintain average internals of over 200sqm whilst Parade with 49 apartments included, is topped with a garden penthouse holding 306sqm of internal living space.

Overall Classic East Melbourne will encompass 67 apartments with project completion set for early 2018.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cbus9196_east_melbourne_apartments_in04_cs_type_n3_living_view_01-1.jpg" rel="gallery-all" title="Room with a view. Image: CBUS Property"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/cbus9196_east_melbourne_apartments_in04_cs_type_n3_living_view_01-1.jpg?itok=NkXMuQdM" title="Room with a view. Image: CBUS Property" width="580"></a>

<figcaption>Room with a view. Image: CBUS Property</figcaption></figure>
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