Work begins on $250m Parramatta Riverside Tower
Construction has begun on the $250m Riverside Tower on Parramatta's riverfront precinct. Early works on the landmark project include the excavation of 7 basement levels.
The project adds the slew of works that will reinvent the city, including the $2b Parramatta Square development and the $300m Western Sydney Stadium.
Riverside precinct is a venture between Parramatta City Council, property and private equity firm LIDIS, project manager EQ projects and venue managers Dockside.
Artist Impression Riverside Tower. Source: Architecture & Design
The project is due for completion in 2019 and will boast 413 residential apartments in a 44-storey tower, a state-of-the-art cultural, exhibition/conference space, an entertainment hub and the city's largest ballroom space.
The 2,500m² entertainment facility will be managed by Dockside and contribute an estimated $25M to the local economy annually.
It is exciting to watch Parramatta's transformation - if you've also got an upcoming project, check out our eBook on 4 tips for managing a construction team!
Source: AFR
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