Mirvac’s St Leonards Square topping out buoyed by trust and a track record


03 September 2019

The gateway project St Leonard’s Square has reached an important construction milestone, helping to lead the transformation of St Leonards into a future-focused destination suburb.

Construction has now reached the 36th level on the second and tallest tower and Mirvac has marked the occasion with a topping out. The project has been described as an extraordinary success story and there has been overwhelming market response to the commercial and residential offering, designed by Sissons Architects in collaboration with Mirvac Design. 

Mirvac’s CEO and Managing Director, Susan Lloyd-Hurwitz said that the new precinct was an example of how people are changing the way they live and work.

“Increasingly people are choosing to live in apartments where they can prioritise amenity and convenience. That is why it is so important for us to ensure we are leaving behind a positive legacy and a flourishing, dynamic community. 

“We see this as a place for shoppers, renters, owners, workers, locals and visitors to come together in a space that feels like their own. Those who have purchased at St Leonards Square have not just bought a home – they have bought into a vertical village lifestyle, embraced a vision and shown foresight in realising the benefits and convenience that will come with the new Crows Nest Metro station just 150 metres from home.” 

Mirvac’s Head of Residential, Stuart Penklis, said the reaction was a vote of confidence in the company with 99 per cent of the 527 apartments sold, and last month the last of 32 commercial strata suites exchanged, along with the sale of the 1100sqm Virgin Active gym. 

“St Leonards Square has been a great success story for Mirvac and one of the key reasons is that we had the trust of our purchasers,” said Mr Penklis. “Close to 40 per cent of tower one apartment buyers are Mirvac customers who have lived in a Mirvac apartment, or invested with us previously. Those who are new customers had done their due diligence to satisfy themselves we have a solid track record of quality construction, design and customer service.” 

image2Mr Penklis said Mirvac’s unique integrated business model, with expertise in design, construction, development, marketing, sales and settlements all under one roof, meant that it had control of every project from beginning to end and beyond. 

“Today, reputation is more important than ever and this is why we don’t out-source our obligations or responsibilities,” said Mr Penklis. “That is a critical element of The Mirvac Difference – we are accountable and responsible. At least 70 per cent of the value in a built structure lies out of sight, so it is important that people know they have a builder and a developer who they can trust. 

“Our history and our legacy have always been to respect and revere the role of the Architect. The Project Architect is not sidelined once the plans have gained Development Approval but involved throughout the construction process so that any design changes are thoroughly examined by a project team that includes the builder, engineers, structural engineers, architects and best in practice consultants.

“The construction crew at St Leonards Square is led by a Senior Project Manager and Senior Site Manager with 50 years’ experience between them at Mirvac. Quality control is overseen by one of Mirvac’s longest serving employees who has been with us more than 40 years.  “We don’t just test our benchtops; we undertake inspections and testing of all the material elements that go into our construction projects - the concrete, the grout, the precast concrete panels.”

Lane Cove Mayor Pam Palmer commended Mirvac for leading the transformation of St Leonards. 

“It’s exciting to reach this significant construction milestone in the revitalisation of St Leonards,” said Ms Palmer. “I’m particularly delighted to see an experienced and successful developer such as Mirvac leading the placemaking for this new and important growth centre.” 

Mr Penklis added, “The train is mere minutes away and when the Metro line completes around 2024, the Crows Nest station will be 150 metres from the development, making the daily commute fast and simple. For the residents who have also bought commercial office space, the commute time is only as long as it takes for the lift to descend.” 

Mirvac worked closely with Lane Cove Council to develop a plan for St Leonards Square that aligned with its vision for the transformation of St Leonards into a vibrant mixed-use destination, providing for the residential, employment and leisure needs of the community. 

Residents will begin moving in to the first completed 27-storey tower at St Leonards Square from October with the 35-storey tower due for completion in December. The podium level commercial office space will be completed from October and retail fit-outs will commence later this year.




Source:  Mirvac - www.mirvac.com

Contact:  N/A

External Links: N/A

Recent news by:  Mirvac