9 URBAN PROPERTY GROUP has marked a significant milestone in the delivery of Central Coast Quarter, with the structural completion of its first tower, The Waterfront, now officially topped out. Located in the heart of Gosford and overlooking Brisbane Water, the 21-storey building, The Waterfront will deliver 134 high-quality apartments above a new retail precinct, redefining the gateway to the Central Coast and setting a new benchmark for mixed-use development in the region. Conceived by St Hilliers, the site was acquired by Urban Property Group in 2024. In less than 12 months, Urban has reenergised the project and driven construction through to structural completion, bringing fresh momentum, design excellence, and delivery assurance to this landmark development. “This is Urban’s first project on the Central Coast, and it’s also the tallest and most ambitious we’ve delivered to date,” said Patrick Elias, CEO Of Urban Property Group. “To reach this milestone is not only a technical achievement, it’s a reflection of our growth as a business and our commitment to creating lasting, high-quality communities.” The topping-out ceremony brought together key partners and stakeholders from the Council, government, industry, and the community, with the traditional hoisting of the tree marking this important rite of passage in the project’s life. Central Coast Council Mayor Lawrie McKinna said that The Waterfront at Central Coast Quarter will provide new options as the population grows. “Heartfelt congratulations to everyone involved in reaching such an important stage in this project,” Mayor McKinna said. “Gosford City is the heart of the Central Coast, and this project will provide not just homes, but a whole new community, for people who want to live near beautiful Brisbane Waters,” he said. “We look forward to seeing the vision fully brought to life later this year.” Urban Property Group, an iCIRT-rated and award-winning Australian developerbuilder, is delivering The Waterfront as the first of three towers in the Central Coast Quarter precinct, which has been designed in collaboration with leading architecture firm DKO. Set to deliver much-needed housing supply, employment opportunities and renewed confidence in the region, the project is being celebrated as a catalyst for Gosford’s next chapter. “In one of the most challenging periods in recent construction history, it’s testament to the strength and capability of our team that we’ve kept this critical project moving,” said Patrick Elias. “We’re proud to be delivering this stage, and proud to be part of the Central Coast’s future.” Completion of The Waterfront is scheduled for Q4 2025. BUSINESS NEWS salvationarmy.org.au Urban Property Group tops out The Waterfront at Central Coast Quarter Central Coast Council Mayor Lawrie McKinna (centre) with Urban Property Group CEO Patrick Elias, COO Mark Elias and John Brogden AM Chair Urban Property Group Advisory Board Construction of Urban Property Group’s The Waterfront project topped out in late May CENTRAL COAST BUSINESS REVIEW JUNE 2025
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