Construction set to commence on $550 million Nova City project

Stephanie Baker   |   March 8, 2018

Construction is set to commence early next month on the long-awaited Nova City apartment complex in Cairns’ city centre.

Aspial Corporation, based in Singapore,  has announced that the $550 million project will being construction will commence with a five-month foundation (piling) works program that is set to transform the company’s 24,000 sqm development site located along Spence Street.

The piling works are set to lay the foundations for the construction of the first tower at the site and will begin in early April, following the award of this tender to local company LDI Constructions.

For the lead construction contract, three companies are tendering with a decision on this tender expected in coming weeks with works expected to commence on the first tower (Nova Light) to begin after pilings are complete.


Zak Thaker, World Class Global’s sales director said the civil and foundation works contract awarded to civil works company LDI Construction was a significant milestone in the project’s timeline.

“For investors in Nova City and for the community in general, this is exciting news representing a giant step towards Nova Light’s completion currently on schedule for mid-2020,” he said.

“We have been buoyed by our buyers enthusiasm for the project which has generated continuous interest since its launch in 2016.

“Sales are tracking well with only five, one bedroom apartments remaining and limited two and three bedroom apartments overlooking the CBD skyline and out to the Coral Sea.”

The project is set for completion in mid-2020.

If you’re interested in keeping up the date with the latest industry news, subscribe to Felix Project News today and receive project updates straight to your inbox.

Source: Cairns Post, Tropic Now.
Stephanie Baker
As PlantMiner's Marketing Coordinator, Steph has an array of experience covering industry projects and works on creating and maintaining content for our blog so you are receiving the most relevant project and industry news.

Related Articles

CPB wins $84m contract to deliver Sydney's largest pool complex

The City of Sydney has appointed CPB Contractors to design and construct the Gunyama Park Aquatic and Recreation Centre, generating approximately $84 million in revenue for the company.

News, Projects
Newcastle City Council and NSW Gov still in debate as five companies bid to manage Newcastle light rail project

The NSW Government’s latest project to revitalise Newcastle is one step closer to commencing. Five companies have been invited to tender for the main construction contract on the new light rail project.

Projects, NSW
Construction begins on Australia's newest city - Bradfield City Centre

Construction on the Bradfield City Centre – Australia’s newest city – is now underway and this ‘visionary’ development is set to create over 17,000 jobs as well as accelerate Western Sydney’s wave of new advanced manufacturing, research and innovation. 

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog. Join thousands of construction and mining pros getting the best content right in their inbox.
  • updates on Australia's pipeline of state and federal projects
  • fresh contract awards from major contractors and builders

If you're looking to contact us about other matters, please contact us.