Austino is pleased to announce construction works have commenced on Stage 1 of their Sydney Olympic Park Development at 2 Murray Rose Avenue. Stage 1 consists of 125 residential apartments and basement parking.
A construction contract was signed with Decode in late August 2022 with site possession being granted on 5th September 2022.
Site establishment and site clearing has been completed with piling having now commenced with excavation scheduled to commence in November. Within Q1 of 2023 excavation, piling and shoring are expected to be completed. Ground floor slab is expected to be poured around mid-2023.
Austino are always looking at market trends. For stage 2 at 1 Murray Rose Avenue a market review is underway to ensure the product that will be delivered lives up to market expectations. It is therefore anticipated Stage 2 will commence construction in Q3 of 2024. The consultant team lead by PTW Architects and Meinhardt Group our structural and building services consultant are actively working on the project together with the many other secondary consultants.
Further updates will be made available in due course.
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