An award-winning national construction company has abandoned its development sites, leaving projects across Australia in limbo, including tower and townhouse developments on the Gold Coast.
Kathleen Skene and Melanie Whiting 3 min read March 6, 2023 - 1:52PM Gold Coast Bulletin
An award-winning national construction company has abandoned its development sites, leaving projects across Australia in limbo, including tower and townhouse developments on the Gold Coast.
PBS Building is part-way through Marquee Developments’ 19-level Shoreline at Old Burleigh Rd in Surfers Paradise, and sold-out Serenity Reserve townhouse project at Helensvale.
On Monday morning, both sites were locked up and deserted aside from security officers. Calls to the company’s offices were going unanswered.
Subcontractors at some PBS sites began removing equipment on Friday, while the company’s website was removed from public viewing and its social media pages deleted.
PBS Building is based in Canberra and has offices in Sydney and Brisbane, however its past and present projects are scattered from Sydney to Hervey Bay.
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