LENDLEASE’S LARGEST RESIDENTIAL TOWER IN AUSTRALIA REACHES COMPLETION
East Tower, the largest apartment tower to be developed and built by Lendlease in Australia has reached practical completion.
Standing at 40-storeys high in a prime position on Flinders Street and a short walk from Southern Cross Station, the 100 per cent sold East Tower is the first residential building within Lendlease’s $2.9 billion Melbourne Quarter precinct.
Developed as a 50/50 joint venture partnership with Mitsubishi Estate Asia, the Fender Katsalidis designed tower comprises 719 one, two and three bedroom apartments and boasts expansive views across Melbourne’s CBD, Port Phillip Bay and the Yarra River.
In addition, it’s home to Club MQ, which gives residents exclusive access to three floors of resort style amenities including private dining spaces, a resident’s lounge, theatrette, 25 metre pool, spa, sauna and gym.
The achievement of practical completion on East Tower is the culmination of more than 1,280,000 people hours of construction work.
Once complete, the Melbourne Quarter precinct will be home to around 3,000 residents and comprise approximately 140,000sqm of commercial space for over 14,000 employees. It will bring together city living, next-generation workplaces, a vibrant retail mix and green public spaces.
The completion and sell out of East Tower signals not just a key milestone in the creation of Melbourne Quarter, but also a moment in Lendlease’s 61-year history in Australia.
"An indication of the market demand for quality apartments in the Melbourne Quarter precinct is that all 719 apartments were sold prior to completion of the building.” – Matthew Mears, Managing Director, Development, Property, Lendlease
Find more about Urban Living at Melbourne Quarter here.