THE city’s vibrant West End is set to receive a shot in the arm as more than 500 residents move into the West Franklin apartment complex from next week.
The settlements of the Greaton development mark the completion of the first stage of the city project, situated on the former Balfours bakery site at the corner of Elizabeth and Franklin streets.
Greaton managing director, Nicho Teng, said the project, constructed by Built Environs, had been well received by the public.
“The value for money, amenity offering, high quality architectural design and build quality is exceptional at West Franklin and our clients have acknowledged this,” Mr Teng said.
The project’s first stage features two residential towers – one 19 storeys, the other 17.
The towers sit atop a six-storey podium incorporating homes, 230 carparks and communal amenities including a gym, a sauna, a steam room, a cinema, a library, a 25m infinity pool, and a golf driving simulator.
The project also has a range of indoor and outdoor entertainment spaces, and will include 1245sqm of retail space.
Just eight of the project’s 272 apartments, penthouses and terraces remain to be sold – six apartments and two of the four penthouses.
Built Environs Managing Director Daryl Young said the project had been an enormous undertaking, and was completed three weeks ahead of schedule.
“We had in excess of 320 workers on site at its peak, with more than 2000 individual workers, representing 60 subcontracting firms, contributing to the project,” he said.
The $140 million first stage was released to the market in 2015, and it is one of the city’s biggest urban renewal projects.
The project’s completion comes after several other high profile projects have failed to get off the ground, including Mayfield on Sturt St, Park Sq on South Tce, and Echelon on King William St.