Develpopment

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Melbourne based property developer Central Equity has appointed Brookfield Multiplex to construct its new inner city apartment tower, Southbank Central.
The 48-level, $130 million project at 1-13 Balston Street will comprise 485 one, two and three bedroom residential apartments.
Southbank Central will also feature a six level podium with retail and resident facilities including a swimming pool and gym.
Graham Cottam, the megional managing director of Brookfield Multiplex Victoria said that Southbank Central represents Brookfield Multiplex’s 15th project for developer Central Equity.
Construction has already began and Southbank Central is scheduled for completion in the second half of 2017. 
Brookfield Multiplex has completed a number of Melbourne residential projects over the past two years including The Quays $180 million tower on the corner of Docklands and the Harbour Esplanade, Stage Two of the Upper West Side Apartments valued at $150 million and most recently the $300 million Prima Tower in Queensbridge Street, Southbank.
 
 
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