Sydney’s Massive Construction Boom is estimated to have a price tag of $7 billion

$4.8 billion worth of projects are now under construction in the Sydney’s CBD, according to a new analysis of projects by CoreLogic. And it is only going to get busier with a further $3.1 billion of approved projects still to commence and scheduled for completion by 2025. As you walk down Sydney’s CBD dusty main […]

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NSW Government is being sued by Acciona, the company hired to build Sydney light rail, for extra payment of more than $1 billion.

The CBD South East Light Rail project was intended to be finished by the March 2019 state election, however, it will undoubtedly face delays in light of recent events. Michael Daley, Deputy NSW Labor Leader, said this was the worst project he has seen in his 20 years of public life. In his opinion, the […]

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Sustainable Shopping Centre to Open in Melbourne

The Burwood Brickworks site in Melbourne’s east will soon transform into the World’s Most Sustainable Shopping Centre, thanks to Frasers Property Australia. The corporation has announced plans to renovate the site East of Melbourne into a sustainable, green and eco-friendly shopping mall with a Rooftop Farm. Joost Bakker, a florist, an eco pioneer and also […]

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Delays Predicted for Sydney Light Rail

A $2.1 billion light rail line will be established from the CBD to Randwick and Kensington to provide transportation alternatives for passengers. However, a confidential report prepared by Transport for NSW predicts that commuters will likely spend nine minutes on the tram at red lights along the journey. Delays would most likely occur in the […]

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Sydney Fire Was Set Off by A Blowtorch

A fire was set off in Sydney’s CBD by a worker’s blowtorch at a construction site. Due to gas bottle explosions, many people were forced to evacuate. At 8.45am, the fire burned through a 10-storey building on a demolition site. Although the Fire & Rescue NSW put out the fire before noon, the accident took […]

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Fujitsu General Builds New Sydney HQ

Construction has officially started for Fujitsu General Australia’s new HQ, which will be located in Eastern Creek in Sydney’s west. The new HQ will abide by a 5-star Green Star energy standard, and will boost growth in neighboring businesses and create new job opportunities. The building will take up 11,093 sqm. It will not only […]

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Transport Spending Surpasses Mining in Australia

According to the Deloitte Access Economics Investment Monitor, engineering and commercial construction activity increased by 12% in 2017. “The improvement is partly due to the fact that the overhang of engineering work that commenced construction during the mining boom has finally passed,” Deloitte’s Stephen Smith explained. “But it also reflects a greater willingness from businesses […]

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Sydney’s Housing Market Slows

Many analysts are expecting a 3 to 10 per cent drop for Sydney’s market, while national prices remain high. “Sydney’s housing market has become the most significant drag on the headline growth figures,” according to CoreLogic’s Mr Tim Lawless. Sydney and Melbourne’s unaffordable housing prices are widely considered to be among the top 10 in […]

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Sydney Buildings Shortlisted for Global Awards

Three projects in Sydney have been nominated for the Council on Tall Buildings and Urban Heritage’s Best Tall Building awards, which commends the crème de la crème of tall buildings on the global stage. The awards will be announced at Chicago’s Council on Tall Buildings and Urban Heritage (CTBUH) conference. Barangaroo’s Rogers Stirk Harbour and […]

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Mirvac Leaves Showground Precinct Plan

Mirvac dropped out from the redevelopment of the Showground station precinct in Sydney just over month after the NSW government and council reached an agreement on minimum apartment sizes and building 5000 new homes in the area. Mirvac said that it will terminate original plans for the Showgrounds precinct due to new planning controls announced […]

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