St Hilliers Contracting has been appointed to construct one of southeast Queensland‚Äö?Ñ?¥s most significant developments in recent years, the $150 million mixed-use Mon Komo on the Redcliffe Peninsula.

The company was appointed by developer Kyko Group, whose Mon Komo project will provide approximately 700 jobs on-site with further employment created through contractors and consultants, and significantly contributing to the area‚Äö?Ñ?¥s local economy.

Mon Komo is set to transform arguably the best site on the Redcliffe Peninsula by incorporating  apartments, a new hotel, boutique commercial offices and retail space spread across two 12-storey towers with sweeping views overlooking Moreton Bay.

St Hilliers Executive Chairman, Tim Casey, said Mon Komo is singularly St Hilliers most important project in Queensland and he welcomed the opportunity to work with the Kyko Group to deliver this dynamic project.

‚Äö?Ñ??We are committed to the pursuit of quality outcomes for all our projects and our extensive design and construction experience gives us confidence in our ability to construct this eagerly anticipated development,‚Äö?Ñ?? he said.

‚Äö?Ñ??St Hilliers is not only looking to deliver a benchmark project for the Redcliffe Peninsula but to further enhance its reputation as a builder of quality properties in the Queensland market.‚Äö?Ñ??

Kyko‚Äö?Ñ?¥s Managing Director, Mary Wong Jenkings, said the appointment of St Hilliers to construct Mon Komo is in keeping with the overall quality of the project.

‚Äö?Ñ??St Hilliers have an excellent track record in construction including many award winning projects in the residential and commercial sectors,‚Äö?Ñ?? she said.

St Hilliers most recent southeast Queensland project was the successful $50 million major refurbishment of the Marina Mirage shopping centre on the Gold Coast.

Upon its expected completion in late 2010, Mon Komo, the design of which has been inspired by luxury Caribbean resorts, will feature 184 luxury residential and short stay apartments in two towers.

The 108 apartments in tower one will be aimed at owner-occupiers, while tower two will contain 76 short stay investment apartments of equally similarly high quality. A feature will be a three-bedroom dual-key apartment on each floor, allowing one bedroom to be separately let.

Each tower will have a swimming pool and gymnasium and will be accessed by spectacular symmetrical lobbies with soaring glass-feature walls.

Mon Komo‚Äö?Ñ?¥s 2,000 plus square metre hotel will span across the ground and mezzanine levels and will include two bars, al fresco dining areas overlooking Moreton Bay, and a function centre.

There will be almost 1,000 square metres of retail space, more than 400 square metres of commercial office space and 458 basement car parks.