In the latest in a succession of major social and commercial infrastructure projects, Allens has advised Multiplex as Managing Contractor for the Victorian Health Building Authority's Parkville Precinct Redevelopment - Materials Handling Building Project.
The Parkville Precinct Redevelopment is an important step in the staged redevelopment of the Royal Melbourne Hospital and Royal Women's Hospital.
The redevelopment adds to a run of city-shaping commercial and mixed use residential projects in Victoria and South Australia for Multiplex. In the past 12 months, other project that Allens has advised Multiplex include:
- Cbus Property's $1 billion sustainable office tower at 435 Bourke Street;
- each of Brookfield Asset Management, Citiplan and Journal Student Living's student accommodation projects at Grattan Street and Market Way (Franklin Street);
- OSK Property's BLVD residential tower at OSK Property's $3 billion Melbourne Square precinct, one of Australia's largest development projects; and
- Chasecrown's Parkline all-electric mixed-use luxury apartment complex in Kent Town, South Australia.
'These projects show that there remains strong private capital appetite for quality social infrastructure and commercial development projects,' said Partner David Donnelly, who led the Allens team on each of the transactions.
'We have loved partnering with Multiplex for the long term. Not only does it provide scale and efficiency benefits for Multiplex, but it provides invaluable learning opportunities for our lawyers at all levels,' said Managing Associate Ben van Weel.
Allens has also advised Multiplex on numerous critical infrastructure projects in recent years, including the New Footscray Hospital PPP, Frankston Hospital Redevelopment PPP, GLM 2 Social Housing PPP, the Western Sydney Airport Terminal and National Resilience Centres in Victoria, Queensland and WA.