We have ceremoniously kicked off stage 2 of Victoria Square, with L.U. Simon commencing construction on their third and fourth tower. The project team performed the ribbon cutting and turning of the soil, with Growland Chairman Bruce Chan and Growland CEO Ronald Chan in attendance, along with prominent guests who are integral to the project’s development.
“There was an incredible amount of pressure on our team. However, we remained
committed and can deliver this project at a high quality,” Chan said.
“Despite the uncertainty that the pandemic presented, we are determined to build dream
homes so our residents can live happily ever after.”
The two towers in stage two – VS.03 and VS.04 consist of 236 dwellings, nearly 1,000 sqm of retail space and 1,300 sqm in commercial office space. The offerings align with the developer’s approach to improving both the suburb and the life of residents through their developments.
Financiers Commonwealth Bank Australia and CVS Lane Capital Partners were in attendance as well as Fender Katsalidis, Kavellaris Urban Design and more witnessed the auspicious moment at the construction site. Located in Footscray, Victoria Square adds a statement to the in-demand suburb with the six-building development’s striking architectural appearance.
To date 60% of the residences have been sold, with construction and slated for completion in Q2 2023.
Commemorating with a splash
As the next phase in Victoria Square begins, the Growland team followed the construction ceremony by celebrating the completion of stage 1 in the best way possible.
The event was on hold due to restrictions, but resumed with the team ceremoniously washing their stress away and celebrating their success by taking a dip in Victoria Square’s stage one swimming pool. The swimming pool is one of many amenities that Victoria Square residents will have access to. Facilities such as Australia’s first Olympic-sized aerial outdoor track, over 2,000 sqm of landscaped terrace, a heated indoor pool, private dining, theatre room, games room and library, are all available for use by residents.
In addition to the 453 residences, nearly 1,000 sqm of retail space was built in along with the first two towers.
The first two towers of the development VS.01 and VS.02 were completed in Q1 2021 by LU Simon, with settlements beginning immediately in Q2 of the same year.