Watpac wins $206m contract to build new Australian Catholic University building VIC

Watpac Limited is set to build the Australian Catholic University (ACU) Saint Teresa of Kolkata Building in Melbourne, with the company awarded a $206 million design and construct contract.

“This is an exciting project for Watpac and a welcomed addition to our tertiary education portfolio,” Watpac Construction Victoria State Manager Nick Pavlovic said.

The Saint Teresa of Kolkata Building is going to be located at ACU’s Fitzroy campus and it is going to be comprised of a 13-storey tower with a roof top sports facility as well as a seven-level basement on Victoria Parade.

“Not only are we delivering a new 13 level facility for ACU but we will be transforming the adjacent existing structure so the project will truly enhance the campus and its teaching spaces.

“Our team’s expertise in delivering innovative solutions for our clients in challenging site conditions will be at the forefront of this project due to the nature of the building which will feature a seven level basement with a grout curtain to manage ground water issue,” Mr Pavlovic said.

Artist impression of the new building (source: Watpac Limited)

This project will also include building three additional storeys to the existing Mary Glowrey Building - a heritage-listed building.

“The Mary Glowery Building will remain fully operational during all stages of the project so the team will be working closely with ACU to ensure a successful outcome for all,” Mr Pavlovic said.

The new building was designed by Lyons Architects and it will also feature centralised teaching facilities as well as informal learning venues, a library, congregational hub and facilities to be shared by students and staff.

The development of the new building has been funded from the proceeds of the ACU Sustainability Bond which was issued by the university in 2018. This bond was the first Sustainability Bond issued in the country.

Construction on the Saint Teresa of Kolkata Building is expected to commence next month and be completed by mid-2022.

“This important campus development is part of a larger plan to accommodate student and staff growth at the University’s Melbourne Campus, and provide the best possible facilities for teaching, learning and research,” ACU Chief Operating Officer Dr Stephen Weller said.

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Source: Watpac Limited; Finance News Network; The West Australian