Watpac set to build Poly Centre Sydney
17 April 2019
Poly Australia has officially
appointed Australian construction firm
Watpac with the major contract
for Poly Centre at
210 George Street, Sydney, with demolition to
officially kick off in the coming weeks.
Watpac joined Poly Australia in September 2018, undertaking early
contracting works for the boutique office project in
Sydney’s CBD.
The team at Poly Australia, together with the team at Watpac are excited
to see the
building take shape, and on schedule for delivery in Q4 2021.
The first stage,
demolition and preparation of the site, is expected to
be completed by September 2019, with construction beginning soon after.
Completion of Poly Centre Sydney has been timed to capitalize on the
tight Sydney leasing market and desire for boutique office space amongst
tenants. A stake in the development, Poly Australia’s first commercial
office building internationally, will be offered to investors as the
company makes steps to expand their asset management operations
globally.
Poly Australia’s Managing Director Arthur Wang said the group is proud
to be working alongside such a well-established company in Watpac.
“Watpac has showcased a proven track record of projects dotted
throughout not only Sydney’s CBD, but also throughout the country. Their
commitment to delivering consistent quality projects across Australia
was paramount to our decision to work together, and after a successful
early works contract period, we couldn’t be more confident to work
alongside such a quality Australian brand,” he said.
Watpac General Manager Construction Nick Saclley said the Group was
looking forward to commencing work on site following a successful Early
Contractor Involvement process.
“We’ve been working with Poly Australia since September to ensure a
design and construction process that is of the highest calibre and
brings their vision for this building to life,” Mr Saclley said.
“Poly Centre will be an eye-catching addition to Sydney’s George Street
and we’re delighted to be delivering this exceptional commercial
project.”
Poly Centre Sydney, expected to be completed in late 2021, will form
part of the transformation of Sydney’s Circular Quay district, taking
shape alongside brand new ferry wharves,
light rail and a raft of
redevelopment including
AMP’s
Quay Quarter and
Lendlease’s
Circular Quay
Tower.
Both Poly Australia and Watpac look forward to continuing to work
together to play a key part in Circular Quay’s exciting transformation.
--ENDS--
Source: Watpac - www.watpac.com.au
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