Northern Star Resources and SRG Global are among the businesses moving into 500 Hay Street, as its developer allays fears about the building's structural integrity.
The gold miner is set to moves its headquarters to the building, which has a troubled history that included Mineral Resources backing out of a move there.
Plans to relocate Mineral Resources' headquarters into the $110 million SubiXO development are in doubt over concerns about structural issues at the Hay St property.
Draft legislation aimed at better protecting payments for subcontractors has excluded previously promised cascading statutory trusts, and instead promises a more “measured approach to implementing payment reform”.
International hotel chain Park Regis has pulled out of operating a just-built Subiaco hotel prior to its opening, with the developer behind the project seeking a new operator.
SPECIAL REPORT: Perth's hotel capacity has increased by about 30 per cent since 2012 and Business News has identified a further 3,150 rooms that are either under construction or committed, as the city's hotel sector is transformed.
The Supreme Court of Western Australia has approved an amendment to a restructure of embattled construction company Cooper & Oxley Builders that will leave unsecured creditors with between six and 13 cents in the dollar.
A national review has recommended all state governments establish a system of statutory trusts for building projects above $1 million as part of a package of measures to tackle the impact of company failures and late payments on contractors.
SPECIAL REPORT: Building company collapses leaving projects unfinished and subcontractors empty-handed have prompted calls for a different approach to assessing security-of-payment laws.
The administrators of the Cooper & Oxley group of companies have withdrawn legal action in the WA Supreme Court against Sirona Capital, after trying to retrieve a $5 million investment.
Construction veteran Harry Xydas has created a new holding company to own Doric and its sister company Jaxon, after he moved to full ownership of both businesses.
The state government will review the security of payments for local subcontractors, while also establishing an industry advisory group, chaired by experienced barrister John Fiocco, to facilitate the review.
A local landscaping company has suspended trading and operations due to financial viability problems a fortnight after one of the state's biggest builders, Cooper & Oxley, went into administration.
Cooper & Oxley Builders has today gone into voluntary administration, but only after taking legal action to try and retrieve a $5 million investment in the Kings Square project in Fremantle.
Singapore-based developer Dradgin Pte disclosed today it had offered financial assistance to Cooper & Oxley Builders, which has suspended work on all its construction sites this week.
Cooper & Oxley Builders, which is one of the 10 largest construction companies in Perth, has suspended work on its projects while it reviews its financial viability.
Aqua Technics has installed a free-standing composite pool on the roof of the Park Regis Hotel in Subiaco, saying this technique delivered big time savings for Cooper & Oxley Builders.
Local companies have shared in $35.6 million worth of construction and building contracts for work around the state, including the Perth-based civil and mining division of Watpac Group, which has won a $7.1 million contract for road upgrades at Kalbarri National Park.
Sydney-based hotel group StayWell Hospitality Group has confirmed it will bring its Park Regis brand to Western Australia after signing deal with developer Dradgin to be part of the former Ace Cinemas site in Subiaco.
Work is expected to start shortly on a new shopping centre at the old Station Street Markets in Subiaco, with construction contractor Doric appointed this week.
Probuild's redevelopment at Cloisters on Hay has been named the state's best construction project for 2015, ahead of 68 other entries at the Master Builders-Bankwest annual awards.
The third DoubleTree by Hilton hotel announced for Perth will likely be the first to open, with forward works about to start and a ground-breaking ceremony held at the Northbridge site today.
CBD hotel owners are mobilising plans to ensure their properties remain competitive with the flood of new builds coming to market, with nearly $50 million in redevelopment applications across three
Two major projects considered vital to the revitalisation of Subiaco are closer to reality, with a 16-storey tower at the Pavilion Markets site to win planning approval and construction immin
Jolimont-based construction company Cooper & Oxley has won a $36.7 million contract from the state government to build the second stage of the new Byford Secondary College.
The owner of South Perth's Metro Hotel is going ahead with a 53-room expansion, despite a softening in demand for Perth hotel rooms, with Cooper & Oxley signed to carry out construction.
SPECIAL REPORT: The state's major builders appear unfazed to be operating in what's considered among Western Australia's most competitive and closely monitored business sectors.
Cooper & Oxley Builders has been awarded a $29.7 million contract by the state government to build additional teaching facilities at Halls Head Community College.
Cooper & Oxley Builders has won a contract worth more than $14 million to build the Osborne Park Hospital surgical centre development and outpatient department.
Building companies Pindan Constructions and Esslemont Cockram Construction have won new contracts with the state government worth a combined $30 million.
SUBIACO-BASED engineering and construction contractor Doric has won a contract to build a new medical research facility in Nedlands, which will have a completed cost of more than $100 million.
