Mirvac and John Holland consortium have won the tender to build the $800 million Waterloo metro station with an office, residential, including affordable homes | msccummins
Developer Mirvac and its joint-venture partner John Holland have won a tender to build the $800 million mixed-use Waterloo metro station in Sydney's inner south.
The project is set to mark the revitalisation of the Waterloo precinct, which has been one of the last pieces of the puzzle for the redevelopment of the city's inner south. The building costs for the contract are about $299 million and Mirvac will seek a 50/50 capital partner for its share of the project.At least 5 per cent of the homes to be built as part of the project will be affordable housing and 70 apartments will be set aside for social housing.
The Waterloo project comes amid news that Mirvac is also the front-runner to buy a $220 million land and apartment project at Willoughby in Sydney's north, which is the current home of the Nine Entertainment Co, the owner of this publication.
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