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Industry News, Latest News, Projects, Victoria

Multiplex finishes $200M Paragon tower

Multiplex has completed construction on Beulah’s $200 million 48-level luxury residential apartment tower Paragon, located at 318 Queen Street in Melbourne’s CBD.

Designed by architects Fender Katsalidis, the high-rise tower measures in at 167 metres above street level and is made up of 227 apartments.

The tower includes a library, bar, exclusive dining areas, a 15-metre lap pool, spa and gymnasium and Australia’s first elevated indoor forest. The car park also includes an automated car stacker.

Multiplex Victoria Regional Managing Director Graham Cottam said the company is thrilled to deliver the luxury residential tower.

“It’s been wonderful to work on such a history rich site formerly used by the Melbourne Celtic Club and preserve a significant part of the city’s history,” Cottam said.

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Beulah Executive Director Adelene Teh said the completion of Paragon was a momentous milestone to have reached, signalling the company’s first CBD tower.

“Paragon is home to a number of boundary pushing design elements, some of which are the first of their kind; being able to deliver on these is an exciting achievement as it lifts the bar of what is expected when it comes to residential living in Melbourne,” she said.

Paragon has achieved a 5 Star Greenstar rating, with features including a rainwater harvesting system, one of the largest vertical installations of photovoltaic solar panels in Australia, and shared e-bikes.

Challenges faced throughout construction included the demolition of the old Celtic Club, requiring a complex retention system to preserve the Heritage Façade. A custom retention system was designed by engineers to ensure demolition took place safely whilst keeping the heritage façade intact. Surveyors carefully conducted daily monitoring of the Heritage Façade to ensure no changes or unexpected movement occurred with the existing structure while excavation took place.

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