Watpac (ASX:WTP) has been awarded a $206 million design and construct contract for the Australian Catholic University’s Saint Teresa of Kolkata Building in Melbourne.
The project includes construction of a new 13 storey tower with roof-top sports courts, above a seven-level basement on Victoria Parade in Fitzroy.
Watpac will also build three additional levels above the existing heritage-listed Mary Glowrey Building.
The Saint Teresa of Kolkata Building will include centralised teaching facilities and informal learning spaces, a library and congregational hub.
Shares in Watpac (ASX:WTP) last traded at 83 cents yesterday.