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Watpac wins Seven network construction project

QUEENSLAND-based construction firm Watpac has won the contract to build the Seven Network's new $120 million headquarters in the inner Sydney suburb of Redfern.
The 40,000sqm building is the biggest development in Redfern for a decade, and the contract pushes Watpac's workbook past $1 billion for the first time reports Fiona Cameron in the Australian of May 21, 2008.

The 12-storey building at Australian Technology Park will be home to Seven's offices and studios, as well as associated company Pacific Magazines.

The unrelated Global Television Services will also take space in the building.

Single-asset trust ATP Property -- jointly owned by Seven and Rebel Property Group -- is developing the building and aims to hold it long-term.

Rebel managing director Allen Linz said yesterday that a marketing campaign for the 14,000sqm available would start soon.

The space would be offered for $400-$450/sqm net. Mr Linz said it was an attractive campus-style precinct seven minutes from the CBD, on Sydney's busiest train line.

In 2006, after Seven revealed plans for the redevelopment of its long-term home at Epping in Sydney's north, Premier Morris Iemma announced that the network's new headquarters would be at Redfern.

Watpac managing director Greg Kempton said the new building would have four television studios, associated facilities and car parking.

Watpac recently completed the new Australian Film, Television and Radio School at Moore Park in Sydney for Colonial First State.

That project included television studios and associated technical infrastructure with specifications similar to the Seven project.

Brisbane-based Watpac continues to expand into NSW and Victoria, where late last year it took over builder JA Dodd.,25197,23732281-25658,00.html