DoricJaxon Consolidated maintained a modest profit for the 2019 fiscal year, despite sluggish conditions in Western Australia's commercial construction sector.
Construction companies Doric and Jaxon have unveiled a management shakeup, with David Dodds to exit the group and Vince Mulholland to take the reins of the combined business.
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.
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.
The commercial construction sector is emerging as a bright spot amid all the doom and gloom in WA. Click through to see the special report, with details of Perth's biggest construction jobs.
Construction will begin shortly on a new 67-room hotel at the Melbourne Hotel in Perth's CBD, while international hotels and resorts chain Marriott will bring one of its branded hotels to Wellington Street, with both proposals being backed by Singapore-based developers.
