North Ride. Watpac wins $80 million contract

Brisbane-based property group Watpac Limited has been awarded the $80 million contract to construct the new global headquarters and manufacturing facility for Australian hearing implant specialist, Cochlear, in the emerging hearing precinct, at Macquarie University. The project involves the construction of a six-storey building of approximately 24,000 square metres net in close collaboration with Cochlear to meet its unique requirements. Work is underway with the project due for completion in late 2010.