Work has stopped and subcontractors have collected tools and supplies from the site of an almost-finished $100m high-rise right across from the beach. Read what’s happened
Kathleen Skene follow 3 min read September 2, 2024 - 4:00PM
Gold Coast Bulletin
Work has stopped and subcontractors have collected tools and supplies from the site of the $100 million Midwater high-rise development amid a deepening stoush between the builder and developer.
The 39-storey, 119-apartment project is being developed by York Property Holdings, part of the Heran Group, and is under construction by major builder Tomkins Commercial.
Tomkins issued a media statement on Friday, via a public relations company, saying the builder had suspended work the previous day over “a payment dispute”.
“Despite many attempts and good will from Tomkins to resolve the issues, the Heran Group have failed to meet the payment obligations of the contract,” the statement said.
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