Greaton

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Greaton has announced its appointment of a new construction contractor at The Ribbon hotel project in Sydney’s Darling Harbour.

Probuild, will take over construction on the 25-storey project from its previous contractors Grocon.

Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

[smartcode_project:default project_id=7758]

The building will include a five-star W Hotel, including 450 guestrooms and 143 suites, and will reintroduce an IMAX Theatre.

<img alt="" height="666" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/darling_harbour_ribbon_hotel_2.jpg" width="1200">

With $2 billion worth of development projects in the pipeline, Greaton’s portfolio includes property landmarks spanning hotel, residential and commercial developments. 

The company’s flagship project in Sydney’s Darling Harbour, The Ribbon, will incorporate a 25-storey hotel development and new premises for Sydney’s IMAX theatre. 

Greaton’s projects elsewhere in Sydney include Oxford Central in the new Epping Town Centre, with the 251-apartment development, designed by Marchese Partners.

It is expected to be completed and fully settled in Q1 2020. 

Probuild’s national pipeline of projects worth $5 billion and an annual turnover of more than $2 billion is currently delivering Greenland Australia’s Greenland Centre in Sydney.
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Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

jchancellor

Probuild take over construction of The Ribbon hotel project in Sydney’s Darling Harbour from Grocon

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Major construction work has commenced on the first phase of West Franklin, an urban regeneration project located in the West End part of Adelaide’s CBD.
The work is being carried out by Built Environs, who were awarded the $90 million contract earlier this year by global property development company Greaton. Hundreds of construction jobs will be generated during stage one, with over seventy subcontracting firms employed.
Situated on the corner of Franklin, Elizabeth and Morphett Streets, the new <a href="https://www.urban.com.au/expert-insights/buying/66285-developer-greaton-awards-stage-one-west-franklin-build" target="_blank">West Franklin precinct</a> comprises 560 apartments and penthouses spread across four towers.
Residential facilities include a 20 metre wet edge lap pool, gym, spa, sauna, resident dining and lounge rooms, sky park with BBQ facilities and landscaped gardens, resident cinema, golf simulator and roof top bar showcasing views of Adelaide CBD, the ocean and Adelaide Hills.
“Greaton is helping stimulate the Adelaide economy by bringing this landmark project to life and creating hundreds of local jobs. West Franklin is located in an area that has been dormant for many years. The sheer size of this project will help activate this entire precinct,” commented Nicho Teng, managing director of Greaton.
“We are creating a new affordable urban lifestyle in West End that has never been seen before. West Franklin is expected to become an iconic lifestyle destination that the West End community will be very proud to call home,” he said.
West Franklin apartments have been pitched at the affordable luxury market to appeal to a broad cross section of purchasers, with over 70 per cent of stage one already sold. Local Adelaide architects Brown Falconer were chosen to lead the exterior design and interior fit-out.
Due to be completed early 2019, the first stage of West Franklin features 272 residential apartments spread across two towers. They both share a common podium comprising 1,100 sqm of retail on the ground level, resident facilities and car parking.
“The commencement of work on site is an important milestone for both Greaton and Built Environs,” added Daryl Young, Built Environs managing director.
“After the design finalisation phase and procurement of our key sub contracts it is exciting to see action on site,” he said.
For more information, <a href="https://www.westfranklin.com.au" target="_blank">click here</a>.
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j.ballantyne1990-6AQqhLzZaK

Construction starts on $300 million West Franklin development

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Developer Greaton has begun construction work on the $260 million Oxford Central residential and commercial development in Sydney's Epping.
Situated at 30 - 42 Oxford Street, Oxford Central comprises 252 luxurious apartments spread across two 17 storey towers, 292 car spaces and 625 sq m of retail on the ground level.
A two storey heritage building located on the site will also be retained and is part of the retail precinct.
An open air café area and public plaza will feature alongside the Heritage building which fronts the development and will be accessible to the public.
Greaton managing director Nicho Teng said this is a significant milestone for the business.
"Oxford Central is Greaton’s first major mixed use project in Sydney and marks the beginning of a very long journey to deliver community focused, quality lifestyle precincts," he said.
“We have hand-picked international award-winning builders and architects - Ceerose and Marchese Partners to ensure Oxford Central becomes an iconic structure on Epping’s skyline.
"Local purchasers have embraced the opportunity to be part of this landmark project.
“Sydney’s horizon is scattered with many cranes.
"We look forward to adding our cranes to the skyline as well as helping create hundreds of jobs for local contractors.
"The Sydney property market is very busy.
"We expect to announce new acquisitions in the near future which will further add to Sydney’s construction activity.”
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/30/_DSC4151.jpg" alt="">
Edward Doueihi, Managing Director of Ceerose said after six months of pre-planning, Ceerose’s site team are keen to commence site activities.
"The team looks forward to working with Greaton to deliver this landmark project,” he said.
Oxford Central is expected to be completed early 2019.
For further information visit <a href="https://www.oxfordcentral.com.au" target="_blank">www.oxfordcentral.com.au</a>
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Construction starts on Greaton's Oxford Central

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Property developer Greaton has won the Deal of the Year award in the over $100 million transaction category for The Ribbon in Sydney's Darling Harbour at Hotels World 2017.
Greaton beat Novotel Melbourne On Collins, Travelodge Docklands, Intercontinental Sydney Double Bay, Hilton Melbourne South Wharf, W Melbourne and a portfolio of 15 Ibis Hotels to take the award.
Nicho Teng, Greaton managing director said it is a significant honour for Greaton to be awarded this accolade for The Ribbon.
"We are a very new player in the Australian hotel market, but intend to build our presence with several significant acquisitions over the next few decades," he said.
"The Ribbon will set a new benchmark for luxury hotels in Sydney and become a destination of choice by both locals and international tourists.
“The IMAX theatre site in Darling Harbour is one of Sydney’s most famous tourist areas.
"It was only fitting that one of Australia’s best hotels is positioned on this site.” 
John Smith, HotelsWorld Australia CEO said Greaton was against a strong field of major deals but was a stand-out.
"The Ribbon is an amazing transaction due to its unique nature, location and scale, all within what promises to be a timeless modern architectural masterpiece," he said.
"It is an important addition to the hotel market in Sydney, which needs more luxury hotels to meet burgeoning demand from local and overseas markets.”
The Ribbon features a 25 storey luxury hotel and the return of the IMAX theatre. 
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jonathanchancellor-7SQnKwU6yx

Greaton wins Deal of the Year award for The Ribbon, Darling Harbour

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Greaton has acquired Queensland's Keswick Island, as the group continues to diversify its portfolio from apartments to hotel resorts.
It reported it was recently listed with adjusted $20 million hopes.
The transfer of the lease over Keswick Island from Edward Dawson-Damer to Sydney-based Chinese investors Greaton has received State Govenmemnt sign off.
In 2016 Keswick Island, a Great Barrier Reef island, was on the market with $30 million hopes.
Keswick Developments, owned by the Dawson-Damer family, was hopeful of attracting Chinese tourism interests. 
Keswick Developments is dieted by Edward Dawson-Damer, a former equerry to Queen Elizabeth.
Captain James Cook charted Keswick on his maiden voyage, but since the hilly island -- home to an extinct volcano -- has been sparsely occupier with only about 20 houses and permanent residents.
Cars are banned, with residents travelling by golf buggy on the island.
Keswick Developments obtained the head lease eight years ago after the previous owner, Peter Marshall, spent 20 years attempting to develop the island.
The new owner will have a 117-hectare development lease with the Queensland government until 2096.
The rest of the 517 hectare island is national park. 
The purchase will also give the buyer a 25-hectare seabed lease for a 180-berth marina and deep water jetty.
The mixed-use zoning on the sub-tropical island can accommodate 1000 dwellings and 3000 people. 
The island, 32 kilometres off the coast of Mackay, already has a sealed airstrip, 150 subdivided lots, and preliminary key infrastructure for ongoing development.
The local paper wrote Whitsunday MP Jason Costigan said he was aware of a number of ­issues on Keswick Island, and he hoped that the lease transfer would be “the start of an exciting new era”.
Costigan said it was a shame that many of the southern Whitsunday islands, including Keswick, St Bees and Brampton islands, had been underdeveloped in terms of their tourism potential.
Linc Energy founder Peter Bond has recently commenced a formal campaign to sell Dunk Island off Mission Beach on the Great Barrier Reef with expectations around $20 million.
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Greaton buys Queensland's Keswick Island

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The City of Onkaparinga has officially given property developer Greaton the green light to commence construction on their new 10-building luxury resort in McLaren Vale, 38 kilometres south of Adelaide. The development is a partnership between Greaton and sustainable wine purveyors Wirra Wirra, with plans to build a 33-key resort, situated amongst the Wirra Wirra vineyards.

Recent data from the South Australian Tourism Commission found that there were only 3% of overnight visitors to the Fleurieu Peninsula between 2018 to 2019, many of which were intrastate visitors. Greaton decided to embark on this ambitious project to drive an uplift in international tourism within the Fleurieu Peninsula region. 

<blockquote>
"This year, expenditure is forecast to increase to $509M*, so while growth in this market is expected, we are confident this resort will go some way to further increasing international visitation once completed. In addition, to further increase the appeal to overseas visitors, we are currently negotiating with an international wellness-oriented resort operator that runs some of the most renowned resorts and hotels around the world – we hope to be in a position to announce this partnership soon."
</blockquote>

Nicho Teng, Greaton Managing Director

*from $476 million between 2018-2019.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/wirra_wirra_walkway_view.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="253" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/wirra_wirra_walkway_view.jpg?itok=LIjeo4iy" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure>Wirra Wirra Managing Director, Andrew Kay, explains that the winery staff often hear from inbound tourism operators about the lack of premium accommodation offerings in the Fleurieu Peninsula region. 

<blockquote>
"We presented our hotel concept to potential suppliers at the 2019 Australian Tourism Exchange in Adelaide, and the response was overwhelmingly positive. They would book tomorrow if they could."
</blockquote>

Kay believes that the 5-star development will add significant value to the Peninsula and drive international awareness of the area. 

Blink Design Group has designed the approved plans for the spa resort, which also includes an infinity pool, function hall and the restoration of a heritage building, which previously belonged to the winery founder Robert Wigley.

<blockquote>
"The building is quite derelict, and the development provides the opportunity to give it a purposeful role into the future." 
</blockquote>

Andrew Kay, Wirra Wirra Managing Director

The heritage building is set to become a bookable luxury bridal suite once restorative works are complete. 

Construction is slated to begin in November this year, with completion anticipated for 2022. 
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Olivia Round

Approval granted for a luxury 5-star resort project in Adelaide

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<a href="https://www.urban.com.au/new-apartments/oxford-central-30-42-oxford-street-epping">Oxford Central</a>, a multi-residential development in Sydney’s north-western suburb of Epping has officially ‘topped out’, reaching its maximum height on schedule and within the timeframe of 11 months.

Developers Greaton, Ceerose Construction and industry representatives celebrated the milestone at the summit of the 17-storey double tower complex yesterday while enjoying panoramic views of the CBD, greater Sydney and the Blue Mountains.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oi7uvmzi.jpeg" rel="gallery-all" title="Topping out ceremony at Oxford Central. Credit: Greaton"><img alt="" class="image-article-full-width-580px" height="401" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/oi7uvmzi.jpeg?itok=JEQSBXwH" title="Topping out ceremony at Oxford Central. Credit: Greaton" width="580"></a>

<figcaption>Topping out ceremony at Oxford Central. Credit: Greaton</figcaption></figure>The 252 premium apartments sit atop a recycled brick podium, fusing modern design with the rich cultural heritage of the Epping neighbourhood.

<blockquote>
“Using high-quality design and sustainable construction, our goal is to create exceptional places, and it’s our belief that Oxford Central achieves this objective.”

- Nicho Teng, Greaton Managing Director
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxford-central_v02_herolookup-final-5000-1.jpg" rel="gallery-all" title="Oxford Central. Credit: Ceerose"><img alt="" class="image-article-full-width-580px" height="577" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/oxford-central_v02_herolookup-final-5000-1.jpg?itok=4fK3qD1U" title="Oxford Central. Credit: Ceerose" width="580"></a>

<figcaption>Oxford Central. Credit: Ceerose</figcaption></figure>Over the the course of the 11 month construction period, there were 250 construction workers on site each day, with 15,000 cubic metres of concrete and 1,500 tonnes of steel used to create the structural frame of the two towers – named Centrale and Vista.

<blockquote>
“Ceerose has been a strong partner throughout this project and they’ve shared our vision from the outset… their professionalism and high-quality building standards have ensured we’ve reached this milestone with a minimum of fuss and right on schedule.”

- Nicho Teng, Greaton Managing Director
</blockquote>

Designed by award-winning architectural firm Marchese Partners, the apartment complex features 292 car spaces, an open-air café, on-site BBQ and pet-friendly areas, a member only health and fitness track and lush outdoor zones designed by Taylor Brammer Landscape Architects. Indoor features include floor to ceiling sliding doors, large five burner cooktops, Caesarstone benchtops and Miele appliances.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_6.jpg" rel="gallery-all" title="Oxford Central kitchen. Credit: Ceerose"><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/3_6.jpg?itok=jLT3EhoX" title="Oxford Central kitchen. Credit: Ceerose" width="580"></a>

<figcaption>Oxford Central kitchen. Credit: Ceerose</figcaption></figure>Oxford Central's <a href="https://www.urban.com.au/new-apartments/sydney-nsw">Sydney apartments</a> will be completed ahead of the proposed Epping town centre redevelopment by the NSW government.

Currently, 245 of the development’s 251 apartments have already sold. Interested in securing one? <a href="https://www.urban.com.au/new-apartments/oxford-central-30-42-oxford-street-epping">Enquire here</a>.
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Greaton’s Oxford Central in Sydney reaches its peak

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Adelaide's General Post Office development scored a shot in the arm today with a hotel operator confirmed for project.

Marriott International Group will assume operating rights over the $200 million hotel development which is backed by developer Greaton. Overlooking Victoria Square, the Westin-branded outlet which is set to open during 2022 will include 285 rooms and in turn create 250 ongoing jobs upon its completion.

Westin's arrival follows on from Greaton's move to rework the development during April, applying for the right to deliver Adelaide's first five-star hotel. Approval was granted during May, subject to a number of conditions.

Hassell has undertaken design duties for the 16-level hotel which will see the existing General Post Office building refashioned to include retail spaces and associated hotel uses.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image7_22.jpg" rel="gallery-all" title="Westin Adelaide. Images: Greaton"><img alt="" class="image-article-full-width-580px" height="239" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image7_22.jpg?itok=vZcr53hX" title="Westin Adelaide. Images: Greaton" width="580"></a>

<figcaption>Westin Adelaide. Images: Hassell</figcaption></figure><h2>What they say</h2>

<blockquote>
We are thrilled to partner with Marriott International to deliver a five-star wellness experience to the city of Adelaide. The ground floor will have a first class restaurant, a long bar and conference facilities.

This will be a true hotel and not mixed use. I am proud of South Australia and my contribution here and this will go ahead.
<cite>Greaton managing director Nicho Teng</cite>
</blockquote>

<blockquote>
We're delighted to collaborate with our longstanding partner Greaton to expand the Westin brand in South Australia. The brand is enjoying phenomenal growth across Australia, where it has developed a loyal following thanks to its unique positioning around wellness.
<cite>Richard Crawford, senior director development, Australia, New Zealand and Pacific at Marriott International</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image1_12.jpg" rel="gallery-all" title="The General Post Office precinct. Image: Charter Hall"><img alt="" class="image-article-full-width-580px" height="892" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image1_12.jpg?itok=gPgY3_7X" title="The General Post Office precinct. Image: Charter Hall" width="580"></a>

<figcaption>The General Post Office precinct. Image: Charter Hall</figcaption></figure>Westin is not the first major signing for the wider General Post Office precinct.

BHP announced during April that it would relocate its Adelaide operations to a new $250 million office complex adjacent to the Westin site. Backed by Charter Hall, the GPO Exchange Building is another key plank in the development of the General Post Office precinct.

The mining company is slated to take 10,000 square metres, taking the tower's committed Net Lettable Area to beyond 90%. Contractor Built has the office tower's jump form above ground owing to its abbreviated delivery window, whilst the Westin hotel's 2022 targeted completion leaves it with additional breathing room in terms of a construction start.
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