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Contractor selected to build STH BNK By Beulah

by Ashley Grogan
August 3, 2023
in Construction projects, Contracts and tenders, Latest News, News, Updates, Victoria
Reading Time: 3 mins read
A A
Contractor selected to build STH BNK By Beulah

Artist's impression: STH BNK By Beulah.

A contractor has been selected to deliver STH BNK By Beulah, said to be the tallest skyscraper in the Southern Hemisphere.

Following years of anticipation of who will be tasked with the project’s delivery, Multiplex has been announced as STH BNK By Beulah’s builder partner.

The announcement follows an extensive review of construction companies around the world with Multiplex chosen due to its strong history spanning over 60 years, having completed over 1,100 projects valued at over US$100 billion.

Multiplex will be responsible for bringing the 365-metre high, hyper-mixed-use STH BNK By Beulah to life, which includes two twisting towers and a retail precinct home to a selection of shops, a wellness precinct, a childcare centre, a Four Seasons Hotel, a cultural centre in partnership with Centre Pompidou, commercial office space, a residential offering, numerous pocket parks as well as reportedly the world’s tallest vertical garden.

Related stories:

  • Multiplex begins works on Market Square development in Adelaide
  • Multiplex completes $2 billion development in Melbourne’s CBD
  • Multiplex supports local jobs with 14th Connectivity Centre
Artist's impression: STH BNK By Beulah.
Artist’s impression: STH BNK By Beulah.

Beulah Managing Director Jiaheng Chan said Multiplex was chosen due to its wealth of global experience in building tall towers that push the envelope in terms of design and construction while ensuring sustainability remains central to its core operations.

“Multiplex is responsible for delivering some of Australia’s most significant and iconic projects, many of which push the boundaries in terms of engineering and design,” said Chan. “Following an extensive review period, we believe them to be the most experienced to be our builder partner for such an iconic project and look forward to a long-term partnership that will see STH BNK By Beulah come to life.”

“Over 50 per cent of Multiplex’s Melbourne portfolio is built for repeat clients, with this signalling the second time we have worked with them, following the successful delivery of our award-winning Paragon project in 2021.

“Additionally, STH BNK By Beulah has a strong emphasis on sustainability and biophilia and Multiplex’s commitment to reducing its carbon footprint was also taken into consideration; Multiplex is committed to net zero carbon buildings and sites by 2030 and a net zero carbon value chain by 2050.”

Multiplex Regional Managing Director Ross Snowball said the company is thrilled to be named the builder partner for the skyscraper.

“Having recently delivered the southern hemisphere’s tallest residential tower at Australia 108, we look forward to working with Beulah to bring their vision for Australia’s tallest tower to life,” said Ross.

The City of Melbourne is a big admirer and supporter of the project. Lord Mayor Sally Capp said: “We are really so pleased for Beulah that they are ever closer to achieving this momentous project that we know is going to deliver ongoing jobs, deliver stimulus whilst it’s being built and really leave a lasting legacy in our city.”

STH BNK By Beulah is due to commence early works in late 2023/early 2024 and will take approximately five years to complete.

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