BLVD Breaks Ground – OSK Property Appoints Multiplex to Build Third Tower in $3 Billion Precinct

BLVD Melbourne Square OSK Property Render
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OSK Property has appointed construction company Multiplex to begin construction on BLVD, the newest addition to OSK Property’s $3 billion Melbourne Square project. Multiplex, which previously constructed the first two towers in Stage 1 of Melbourne Square, will now take on the 74-storey BLVD tower, with work set to commence in July and completion targeted for the first quarter of 2028. This groundbreaking comes just nine months after BLVD’s official launch in October 2023.

With over half of the units already sold, the start of construction at BLVD signifies a major milestone for Melbourne Square. This project has significantly enhanced the Southbank area with the addition of a 3,745 square meter park, a Woolworths supermarket, an early learning center, and a growing array of retail options.

The BLVD tower will contribute 602 new residences to Southbank, along with numerous amenities such as private dining rooms, modern gyms, a 25-meter indoor swimming pool, spa, sauna, golf simulator, entertainment lounges, and a two-story co-working space on levels 55 and 56.

BLVD is designed with a strong emphasis on sustainability and resident wellbeing, featuring carbon-neutral operations, gas-free designs, EV charging stations, and a zen garden. The project aims to improve health and wellness for its residents. Additionally, BLVD is pre-registering for WELL Certification, which recognizes buildings that positively impact health and meet high sustainability standards.

“The BLVD groundbreaking represents a major milestone for the Melbourne Square precinct, which has two existing towers and will also feature a build-to-rent tower alongside the build-to-sell residences”, says OSK Group Executive Chairman, Tan Sri Ong Leong Huat.

“Commencing construction represents the culmination of team effort between OSK Property and our project partners, and our unwavering commitment to BLVD and the entire Melbourne Square precinct.”

“We extend our heartfelt gratitude to our dedicated staff, esteemed project partners, and diligent sales agents for their incredible work across BLVD to date, and are looking forward to seeing this tower come to life,” he said.

Building on the success of Melbourne Square’s first stage, BLVD promises to be another exemplar of exceptional living. This commitment is underscored by OSK Property’s selection of a renowned design team. COX Architecture and Carr Architects return to the project, bringing their expertise in crafting stunning and functional spaces. Joining them are TCL Landscape Architects, whose vision will undoubtedly transform the BLVD surrounds into an oasis within the bustling city. This collaborative approach ensures that BLVD residents will experience a truly holistic and enriching lifestyle.

^The Melbourne Square Precinct in Southbank, Melbourne (Image: OSK Property)
^The Melbourne Square Precinct in Southbank, Melbourne (Image: OSK Property)

Speaking to Multiplex’s excitement to be delivering BLVD at Melbourne Square, Regional Managing Director of Victoria and South Australia, Ross Snowball weighed in on the partnership;

”Multiplex is proud to be partnering with OSK once again on the Melbourne Square precinct, one of Australia’s largest and most exciting development projects.

“After delivering the first two towers, we are excited to deliver the third tower, BLVD – continuing the same community legacy we started back in 2017.

“Seven years later there is nothing more rewarding than being part of this precinct again, building a residential tower that will enhance our city from the ground up. What’s even more special is that
some of those original team members will be back building BLVD,” he said.

City of Melbourne Deputy Lord Mayor Nicholas Reece attended the groundbreaking ceremony, marking this event as a significant development for the city.

“Melbourne Square homes give residents access to all that we love about Southbank.

“Arts institutions that are second to none. Proximity to the central city and to the beach – to the Botanic Gardens and, importantly, to community facilities already enjoyed by those who live in Southbank.

“BLVD will be a transformational development for Melbourne’s CBD, adding critical housing stock to the market as well as important residential and local amenities,” Reece said.

OSK Property and Multiplex celebrated with an on-site ceremony attended by key stakeholders, OSK Property staff, and the Multiplex team.

^The Sod-Turning Ceremony for BLVD at Melbourne Square (Image: OSK Property)
^The Sod-Turning Ceremony for BLVD at Melbourne Square (Image: OSK Property)
^BLVD by OSK Property Construction Launch (Image: OSK Property)
^BLVD by OSK Property Construction Launch (Image: OSK Property)

BLVD by OSK Property is set to be the crowning extension of the massive Melbourne Square precinct, a development rapidly transforming Southbank in South Melbourne. Spanning over 6,000 square meters, BLVD will boast expansive public spaces offering verdant landscapes, adding to Melbourne Square’s already impressive green credentials.

At the heart of this six-tower precinct will lie a sprawling public park exceeding 3,700 square meters, featuring a network of interconnected green spaces. Residents will be spoilt for choice with a mix of luxury apartments, a vibrant shopping center, and cafes all overlooking this urban oasis. Melbourne Square also offers the ultimate convenience with a full-line Woolworths supermarket, the first double-storey supermarket of its kind in Victoria, and a childcare center right at their doorstep. Beyond the precinct, residents can explore the extensive selection of restaurants and bars that the Melbourne CBD and Arts Precinct have to offer, all just a stone’s throw away.

Completion of the BLVD tower is expected by Q1 2028.

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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