Towering Achievement for Billbergia: Peake Tower Tops Out as Rhodes Central’s Tallest Structure

Billbergia Peake Tower Construction
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Billbergia, the acclaimed developer, has achieved a significant milestone in the construction of Stage Two of Rhodes Central, with the ‘topping out’ of Peake Tower, a towering 48-level residential apartment building. This milestone solidifies Peake Tower’s status as the tallest structure in Rhodes, marking a pivotal moment in the ongoing $2.5 billion Rhodes Central project, a sprawling three-stage master-planned precinct situated in Sydney’s inner-west.

With the pressing need for new housing accommodations for over 3,500 residents, Rhodes Central emerges as a multifaceted endeavor, centered around Rhodes Rail Station and offering a breathtaking vista of the Canada Bay foreshore.

Stage Two encompasses a total of 674 apartments spread across two high-rise buildings, namely Peake Tower and Oasis. Additionally, it entails the provision of $70 million worth of essential community infrastructure, including a versatile 9,100-square-meter multipurpose community recreation and childcare center. This development is made possible through a strategic planning agreement with the City of Canada Bay.

“We are delighted to have reached this exciting milestone on Peake Tower, a critical step towards the completion of this new waterfront precinct at Rhodes. Our vision of creating a highly-connected new community is fast becoming a reality,” said Rick Graf, Development Director at Billbergia.

Topping out ceremony at Rhodes Central's Peake Tower by Billbergia
^Topping out ceremony at Rhodes Central’s Peake Tower by Billbergia (Image: Billbergia)

Nestled at 34 Walker Street, both Peake Tower and Oasis showcase the visionary designs crafted by the esteemed architects at SJB. Peake Tower’s commanding presence rises 162 meters above street level, a testament to the dedication of over 1.7 million hours of labor poured into Stage Two of Rhodes Central. Remarkably, the construction process has seen the utilization of approximately 200,000 cubic meters of bulk excavation and 85,000 cubic meters of concrete, essential in elevating the Peake and Oasis towers to their towering apex.

Stage One of Rhodes Central comprises a collective sum of 568 apartments distributed across two buildings spanning 25 and 39 storeys, with the latter featuring a distinctive heliostat. These towers are perched atop the acclaimed Rhodes Central super neighborhood shopping center, exceeding 13,000 square meters, a previous accomplishment delivered by Billbergia in 2021.

Beyond its architectural marvels, Rhodes Central serves as a significant hub for employment, with the construction endeavors having generated approximately 10,000 direct and indirect job opportunities thus far, with expectations of at least 450 permanent positions upon the precinct’s completion.

Rhodes Central is reshaping Rhodes along the Paramatta River
^Rhodes Central is reshaping Rhodes along the Paramatta River (Image: Billbergia)

Billbergia, a prominent Australian property group, has carved a niche in developing high-quality waterfront communities, advocating for sustainable living and vibrant social engagement. With a rich history spanning over 30 years, Billbergia boasts an extensive portfolio of major developments across Sydney and Brisbane, cementing its position as a leading developer of waterfront properties in Sydney.

Anticipated completion of Peake Tower is slated for the third quarter of 2024, marking another milestone in the ongoing transformation of Rhodes Central into a thriving urban landscape.

Note: The information presented in this article is for general informational purposes only and should not be relied upon as legal, financial, or professional advice. While we make every effort to fact-check and verify the information presented, we cannot guarantee its accuracy or completeness. Readers are encouraged to independently verify any information they find on our website and to consult with relevant professionals before making any decisions based on the information presented. The Australian Development Review does not own the rights to the information included within this article, and furthermore, there is no infringement intended from the included text and images within.

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