Parkview Constructions has just been appointed to the fourth and final stage of Woolooware Bay Town Centre in Sydney’s Sutherland Shire.
Parkview’s appointment will continue its long association with the project, having already delivered 643 apartments across the first three stages of the $1 billion waterfront community – now home to more than 800 people.
Parkview Constructions Executive Chairman, Tony Touma, said from turning the first sod in 2014, the company has seen the community evolve into a thriving residential neighbourhood.
“We know Stage 4 is the critical, final piece of the vision for Woolooware Bay as a complete, waterfront town centre, and we’re delighted to have the chance to see the construction process through to the very end,” Mr Touma said.
Stage 4, located to the east of PointsBet Stadium, with an estimated value of $400 million, will include a mix of 255 one, two and three-bedroom apartments, 18,000 square metres of retail space anchored by brands including Woolworths, Aldi and Dan Murphy’s, commercial offices, 71-key serviced apartments by Quest and a revitalised Cronulla Sharks League Club.
After completing the first 3 stages of Woolooware Bay, Parkview Constructions have joined forces with China Construction Oceania (CCO) to deliver Stage 4 at Woolooware Bay as a joint venture. CCO is a subsidiary of China State Construction Engineering Corporation which is one of the largest contractors in the world.
Mr Touma said he knows the community was eager to see work on the final stage commence and he expected activity to ramp up within a matter of weeks.
“We have some design work to finalise before we’ll see the heavy machinery move in,” he detailed.
The complete town centre is expected to be delivered before the end of 2023.