Australia’s most iconic project, STH BNK By Beulah partners with renowned builder, Multiplex

In a resounding triumph for architectural innovation and urban transformation, The Asian Executive proudly joined the thunderous applause to a packed house of property industry heavy weights last month of Multiplex’s appointment as builder partner for Australia’s most iconic project to date.

This announcement by developer, Beulah has set the stage for the construction of a remarkable twin tower that seamlessly merges luxury living with a strong cultural identity. 

STH BNK By Beulah isn’t just an ambitious endeavour for Beulah; it represents one of Australia’s most audacious undertakings to date. The resounding endorsement from the City of Melbourne’s Future Melbourne Committee more than three years ago, combined with the official stamp of planning approval by the Victorian State Government on 23 April 2020, marks a defining moment in our nation’s architectural evolution. A $2 billion statement to innovation, this project is set to ascend as Australia’s tallest tower, reinvigorating Southbank for both current and forthcoming generations; with multifaceted functions spanning residential, retail, and commercial domains, its cultural innovation promises to enrich Melbourne’s civic tapestry, transforming it into a hub of inspiring creativity.

As avid admirers and staunch supporters of this transformative venture, The Asian Executive lauds this project as a triumphant embodiment of architectural ingenuity. Notably, it is poised to grace the Southern Hemisphere with a record-breaking stature, becoming the tallest skyscraper in the region, all while boasting the world’s tallest vertical garden – a breathtaking testament to nature and design harmoniously entwined.

Beulah Managing Director Jiaheng Chan said Multiplex was chosen due to its wealth of global experience in building tall towers that push the envelope in design and construction while ensuring sustainability remains central to its core operations.

“Multiplex is responsible for delivering some of Australia’s most significant and iconic projects, many pushing the boundaries regarding engineering and design. Following an extensive review period, we believe them to be the most experienced to be our builder partner for such an iconic project and look forward to a long-term partnership that will see STH BNK By Beulah come to life.”

To Multiplex’s credit, the announcement underscores by their legacy of building architectural masterpieces across Australia’s major cities. Among their achievements stand Australia 108 by World Class Global and the landmark Melbourne Square by OSK Property – both symbols of construction prowess which adorns Melbourne’s skyline.

Ross Snowball, Multiplex’s Regional Managing Director, stated at the launch, “We’re thrilled to be named the preferred builder for this unrivalled skyscraper, which is undoubtedly one of the most anticipated projects to be undertaken in Melbourne’s CBD,”

“Having recently delivered the southern hemisphere’s tallest residential tower at Australia 108, we look forward to working with Beulah to bring their vision for Australia’s tallest tower to life,” he said.

Multiplex’s Australia 108, which soars 319 meters above sea level, has redefined Melbourne’s skyline. Its iconic golden Starburst, a marvel at 210 meters, radiates from levels 70 and 71, paying homage to the Commonwealth Star that graces Australia’s flag. Fender Katsalidis Architects’ brilliance brings this engineering marvel to life, enriching Melbourne’s tapestry with its innovative grandeur.

Similarly, Multiplex’s Melbourne Square redefines urban living in Melbourne’s heart with its towering majesty spanning 38 to 73 levels. A terraced podium ushers in over 3,700 square metres of public spaces, melding verdant parklands and a bustling retail precinct.

The bold vivacity of STH BNK By Beulah is destined to breathe life into Melbourne, with its mixed-use allure becoming a hub for work, residence, and leisure. The Four Seasons hotel, a crown jewel of STH BNK By Beulah, promises to draw international luminaries to Melbourne’s embrace. A moniker synonymous with opulence, the Four Seasons beckons with its personalized care, world-class amenities, and unmatched elegance – facets guests can now savour at the Four Seasons Hotel Melbourne, an address that epitomizes global distinction.

Even more so, STH BNK By Beulah’s partnership with the renowned Centre Pompidou promises a cultural resurgence. This prestigious institution, harbouring Europe’s colossal modern-art trove, will grace the precinct with a new 3,000 square metre gallery, setting Melbourne’s artistic scene alight.

From the vantage point of Melbourne’s cityscape, the partnership of STH BNK By Beulah and Multiplex is a testament to shared dedication and collective prowess. The magnitude of this project is nothing short of awe-inspiring, and while it poses formidable challenges, the spirit of collaboration ensures that together, the improbable will be made tangible.

In celebration of this significant milestone, The Asian Executive congratulates the developers of STH BNK By Beulah and its partner, Multiplex. This generational project will undoubtedly breathe new life into Melbourne’s urban fabric, yielding lasting legacies and immeasurable opportunities for future generations.




Cox Architecture

Four Seasons Hotels and Resorts

Centre Pompidou

Future City

The Future Laboratory


Grant Associates

Aspect Studios



  • A hyper mixed-use precinct
  • The next evolution of Southbank
  • 24/7 programs & community focus
  • Australia’s tallest tower and sky garden
  • GFA 318,000 sqm
  • Five distinct collections of private residences
  • 50,000sqm of A-Grade office workspaces
  • 210-suite six-star urban resort
  • 2,500 seat multi-functional conference and entertainment centre
  • Childcare service
  • 5,000sqm science-backed health and wellness precinct
  • 3,500sqm of international art gallery
  • 12,500sqm Public green spaces throughout including Australia’s highest sky garden
  • 30,000sqm of world-class experiential retail
  • Four Seasons Hotel Melbourne
  • Beulah FreshAir
  • STH BNK AutoClub
  • Most comprehensive collection of world-class amenities in any Australian skyscraper.


  • CTBUH 2023 Award of Excellence: Future Project
  • World Architecture Festival (WAF) Awards: Future Projects – Commercial Mixed-Use (Shortlisted)
  • WAN Awards: Future Projects – Mixed-Use (Shortlisted)
  • Designboom #2 Global Tower Design in 2017
  • IDA Design Awards: Silver for Mix-Use Architectural Designs
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