HIGH-RISE APARTMENT BUILDINGS – NEW SOUTH WALES – DESIGN AND CONSTRUCTION

Developer says tower cracks years old

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Original article by Brad Norington, Ben Wilmot
The Australian – Page: 7 : 27-Jun-19

Aland Developments MD Andrew Hrsto has rejected suggestions that construction work on his company’s Peak Towers project caused the cracks in the structure of the adjacent Mascot Towers. Hrsto says an engineering report on buildings near the Peak Towers project showed that structural defects were found in the Mascot Towers building several years before work on his company’s project commenced. John Barilaro, the Deputy Premier of New South Wales, recently claimed that the problems at Mascot Towers were caused by construction work at adjacent building sites.

CORPORATES
ALAND DEVELOPMENTS, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Opal engineers insist tower is occupant-safe

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Original article by Sam Buckingham-Jones, Ean Higgins
The Australian – Page: 3 : 17-Jan-19

WSP’s Guy Templeton says the core of Sydney’s Opal Tower is structurally sound and it is safe for residents to return to most floors of the residential building. The global engineering firm designed the 36-storey tower, and Templeton says legal action over the structural defects in the building is likely. An independent experts’ report has attributed the structural flaws to design and construction issues.

CORPORATES
WSP GROUP, ICON CO PTY LTD, ECOVE GROUP PTY LTD

Design and building flaws behind fiasco

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Original article by Sam Buckingham-Jones
The Australian – Page: 6 : 16-Jan-19

The New South Wales Government has released an independent experts’ report on the cause of cracked concrete panels on the Opal Tower in Sydney. The interim report found a number of design and construction problems with the residential tower, although it concluded that the building is structurally sound. The reports’ authors noted that while the cracks were primarily the result of design and construction issues, the problem was exacerbated as residents began moving into the building.

CORPORATES
NEW SOUTH WALES. DEPT OF PLANNING AND ENVIRONMENT, UNIVERSITY OF NEW SOUTH WALES, UNIVERSITY OF NEWCASTLE, ICON CO PTY LTD, WSP GROUP

Towering loophole: taxpayer may foot the bill for defects

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Original article by Sam Buckingham-Jones
The Australian – Page: 1 & 2 : 11-Jan-19

The troubled-plagued Opal Tower is built on land that is owned by the Sydney Olympic Park Authority rather than the apartment building’s developer, Ecove. Legal experts say that under changes to the Home Building Act in 2010, the New South Wales Government may have to bear the costs associated with fixing the tower’s structural defects, as the SOPA is regarded as the developer of the building. The government will receive the report of an independent investigation into Opal Tower on 11 January.

CORPORATES
SYDNEY OLYMPIC PARK AUTHORITY, ECOVE GROUP PTY LTD, ICON CO PTY LTD, NEW SOUTH WALES. DEPT OF PLANNING AND ENVIRONMENT, AUSTRALIA AVENUE DEVELOPMENTS PTY LTD, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, WSP GROUP, CHAMBERS RUSSELL LAWYERS, HOMEBUSH BAY DEVELOPMENT CORPORATION, SUPREME COURT OF NEW SOUTH WALES, BROOKFIELD MULTIPLEX LIMITED

Grocon to build first major Sydney apartment project in 15 years

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Original article by Mercedes Ruehl
The Australian Financial Review – Page: 41 : 17-Sep-15

Grocon has acquired a residential development site in the Sydney suburb of Epping for $A56.5 million. The property developer plans a high-density apartment development for the site at 30-42 Oxford Street, comprising 250 apartments. The site is located close to the Macquarie Centre.

CORPORATES
GROCON PTY LTD, JONES LANG LASALLE INCORPORATED

Buyers scoop up all 191 units in western Sydney project

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Original article by Su-Lin Tan
The Australian Financial Review – Page: 5 : 3-Aug-15

Sydney’s residential property market boast an clearance rate of 78.8 per cent for the week ended 2 August 2015, according to CoreLogic RP Data. The clearance rate in Melbourne was 76.8 per cent, while the national clearance rate was 75.7 per cent. Meanwhile, First Point Projects and St Hilliers First Point sold every apartment on offer in the Thornton Central residential project in the Sydney suburb of Penrith on 1 August.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, FIRST POINT PROJECTS PTY LTD, ST HILLIERS PTY LTD, RESERVE BANK OF AUSTRALIA, AUSTRALIAN NATIONAL UNIVERSITY, HOUSING INDUSTRY ASSOCIATION LIMITED, McGRATH REAL ESTATE PTY LTD