DEVELOPER Beulah’s first Melbourne CBD tower, the $200 million Paragon project, has topped out despite a limited workforce due to the current stage four restrictions.
Builder Multiplex is expected complete and have the project ready for settlement by the fourth quarter of 2020.
Beulah managing director Jiaheng Chan said the topping out of Paragon signals a much greater achievement than just reaching its full height – it has kept workers employed through months of uncertainty.
“The construction and development industry has months of headwinds still ahead but Multiplex is doing a fantastic job of navigating such uncharted waters, while still delivering complex builds such as Paragon,” Jiaheng said.
Located on the corner of Queen and La Trobe Streets, the 48-storey tower will comprise 227 apartments.