OPHL – Old Parliament House Tower Redevelopment: Stage II – National Capital
OPH Ltd (OPHL) is undertaking the redevelopment of stage two of the Old Parliament House (OPH Tower) in National Capital, Papua New Guinea. The project involves the construction of twin residential towers, penthouse, retail space, play area, lawn, garden, swimming pool, parking space and installation of elevators, safety and security facilities.OPHL has appointed ETS Group as architect, Nambawan Super Ltd as investment partner, HLK Jacobs (N.Z) and Stocks & Partners as structural engineers, Beacon Consulting as project manager and Lamana Group as the developer for the project.In March 2016, construction commenced.Construction work is underway, and is scheduled for completion in the fourth quarter of 2018.Stakeholder Information:Planning Authority: Department of National Planning and MonitoringDeveloper: Lamana Group Financial Advisor: Nambawan Super LtdArchitect: ETS GroupStructural Engineer: HLK Jacobs (N.Z), Stocks & PartnersProject Manager: Beacon Consulting
Scope
The project involves the redevelopment of OPH two tower at City Centre, Port Moresby, National Capital.The US$25 million project includes the following:1. Construction of twin residential towers2. Construction of a penthouse3. Construction of a retail space4. Construction of a play area5. Construction of a lawn6. Construction of a garden7. Construction of a swimming pool8. Construction of a parking space9. Installation of elevators10. Installation of safety and security facilities
Key Highlights
OPH Ltd (OPHL) is undertaking the redevelopment of stage two of the Old Parliament House (OPH Tower) in National Capital, Papua New Guinea. The project involves the construction of twin residential towers, penthouse, retail space, play area, lawn, garden, swimming pool, parking space and installation of elevators, safety and security facilities.OPHL has appointed ETS Group as architect, Nambawan Super Ltd as investment partner, HLK Jacobs (N.Z) and Stocks & Partners as structural engineers, Beacon Consulting as project manager and Lamana Group as the developer for the project.In March 2016, construction commenced.Construction work is underway, and is scheduled for completion in the fourth quarter of 2018.Stakeholder Information:Planning Authority: Department of National Planning and MonitoringDeveloper: Lamana Group Financial Advisor: Nambawan Super LtdArchitect: ETS GroupStructural Engineer: HLK Jacobs (N.Z), Stocks & PartnersProject Manager: Beacon Consulting
Reasons to Buy
OPH Ltd (OPHL) is undertaking the redevelopment of stage two of the Old Parliament House (OPH Tower) in National Capital, Papua New Guinea. The project involves the construction of twin residential towers, penthouse, retail space, play area, lawn, garden, swimming pool, parking space and installation of elevators, safety and security facilities.OPHL has appointed ETS Group as architect, Nambawan Super Ltd as investment partner, HLK Jacobs (N.Z) and Stocks & Partners as structural engineers, Beacon Consulting as project manager and Lamana Group as the developer for the project.In March 2016, construction commenced.Construction work is underway, and is scheduled for completion in the fourth quarter of 2018.Stakeholder Information:Planning Authority: Department of National Planning and MonitoringDeveloper: Lamana Group Financial Advisor: Nambawan Super LtdArchitect: ETS GroupStructural Engineer: HLK Jacobs (N.Z), Stocks & PartnersProject Manager: Beacon Consulting
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