Canberra construction giant Geocon has unveiled the "jewel in the crown" of its major city project, a $65 million luxury apartment complex directly opposite Glebe Park.
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Envie would be built alongside Geocon's Tryst and Metropol towers, marking the final piece in the developer's $319 million redevelopment of its sprawling Cooyong Street land holding.
The eight-storey complex would include 90 units, five commercial spaces and a rooftop garden on land at the corner of Boolee Street.
Apartments will start from $484,900 when sales commence on February 23. The developer will officially launch the project on Saturday, where it will call for expressions of interest from prospective apartment buyers.
Geocon founder and managing director Nick Georgalis said Envie would be the "jewel in the crown, the masterpiece, the tour de force" of the developer's three Cooyong Street projects.
The ACT government's planning directorate is still assessing plans for the projects, but Geocon is preparing to start construction work by the middle of the year. Work on the high-rise complexes is slated for completion by early 2021.
"Our mission is to create an iconic Canberra by building beautiful new places for generations to come, so when we first laid eyes on this location I knew we had to have it," Mr Georgalis said.
"Centrally located with unparalleled vistas, radiating from the City Centre, overlooking the park, drawing you all the way up to Mount Ainslie — we were immediately captivated and knew this would be one of the best places to live in this city.
"Each of the three buildings we imagined for this site has a personality entirely of its own. Envie is the embodiment of relaxed sophistication."
Despite working almost exclusively in Canberra, Geocon has grown to become the fourth largest residential multi-unit developer/builder in Australia, and is planning to start construction on more than 2000 apartments this financial year.
