Wednesday, 26th February 2020

register | forgot password?

Mascot Central tops the 'crane index'

Friday, 03rd October 2014

Meriton has erected a record eight cranes at its ‘Mascot Central’ site in Sydney’s inner south, due for completion in mid-2016.

In a city where the ‘crane index’ – the number of cranes one can spot on a city skyline – is considered a barometer of economic performance, Meriton’s Mascot development is a shining picture of health. The heightened construction activity comes as the Housing Institute of Australia releases its ‘HIA-Colorbond steel Housing 100’ 2013-14 roll call of Australia’s largest home builders, with Meriton attaining the coveted number one spot on the annual list. In 2013, Meriton’s construction activity was responsible for 0.03% of Australia’s GDP.

Unusually, Meriton is building the 1200 apartments at Mascot Central in one go instead of staging the development. “Mascot is a very interesting site, for many reasons,” said Meriton managing director Harry Triguboff. “Firstly, the [City of Botany Bay] council were very quick in approving the development. Secondly, we can build all at once here because 60 per cent of the site we will sell; 20 per cent will be serviced apartments; and 20 per cent will be leased residential. So we don’t have to find so many buyers at once and we will not depress the market. To do all this, we put up four tower cranes and when necessary, we also have mobile cranes.”

Such industry confidence also leads to job creation. “At the moment there are about 500 workers on the [Mascot Central] site; we expect it will soon become 1000,” says Triguboff. “We are very excited about it. Mascot Central is moving very fast, selling very well. We never hurry in selling – we want to finish selling as we finish building. That is always our method.”

Mascot Central heralds a new benchmark in apartment design. “Now is the time to build large apartments because interest rates are low,” said Mr Triguboff. “You can’t build large units when interest rates are high. This is an opportunity for purchasers to get a better product and pay less.”

Bookmark and Share

Comment from raghav on Thursday, 14th July 2016

Correctly view-able documents in this placing. I have to declare my partner and i pick to find out this sort of brimming with materials. Siem Reap Cambodia

Comment from yogesh on Saturday, 18th June 2016

Liked to study your website. I would like to recommend you that traffic show most people study weblogs on Monday. So it should motivate blog writer to create new create ups over the few days mainly. THANKS!  Graphic Designers

Comment from Joey chen on Wednesday, 16th March 2016

Longines Mingjiang series launched in 2005, after the introduction of swiss replica watches table fans got great attention. This series of replica rolex watches is not only simple and elegant models in recent years, are constantly looking for new design style, closely follow the trend, the introduction of replica watches a variety of functions more practical watch. Mingjiang series calendar moon phase chronograph, with its variety of functions, decorative strong, reliable operation, get a lot of rolex replica fan favorite table.Compared with the previous simple and elegant watches Mingjiang, this model L2.673.8.78.3 Longines Mingjiang series calendar moon phase chronograph not only added many useful features, more noble rose gold material produced this warm, luxurious and noble sense of completion now. Watch diameter 40mm, silver dial when painting painted A bit primary numerals, blue steel pointer. 9:00 bit 24-hour display window, set March 6 o'clock and 12 hour counter with 12 points for the week and month with a window 30 minutes drive time. This table is very practical and in line with modern consumer personality traits pursuit.Gold production for the material to the case has become Longines Mingjiang series a highlight, this L2.773.5.78.7 Mingjiang calendar moon phase chronograph rose gold case is more dazzling than gold. Silver "grain of wheat" A bit still painted with paint on a primary digital brushed dial hour markers and blue steel hands, as always, the disk with 24-hour display window, moon phases and 12 hour counter, week, month, and 30 minutes drive time. Using Cal.L678 automatic movement, 48 hours power reserve. This is suitable for people to wear elegant.

Comment from sana on Saturday, 27th February 2016

Many people which could investigation with regards to online site. Discovered on their own completely difficulties.   wholesale mobile phones uk

Search for services

Find tradesman or property services in your local area.

Search for services