products apartments owner harry triguboff website www.meriton.com.au meriton is australia s largest apartment developer and also the country s biggest residential home builder 1 founded by harry triguboff ao its managing director in 1963 . meriton sells apartments and also operates serviced apartments accommodation under its meriton serviced apartments brand in sydney brisbane and the gold coast . in 2007 it was estimated the company was building about 1 200 apartments each year . 2 by 2010 this figure had increased to 2 000 units . 3 it is estimated that over the past 50 years meriton has built more than 65 000 residential apartments on the east coast of australia . it also offers serviced accommodation in 13 locations . on november 13 2013 meriton celebrated its 50th anniversary with a party on sydney harbour for more than 300 current and former employees friends family and dignitaries from the political and business world . 2014 was a record year for the apartment developer with the company s annual turnover rising more than 50 per cent to au 2 billion bringing it to 11th place in ibisworld s 2014 top 500 companies up from 29th spot the previous year . 4 the hia colorbond steel housing 100 named meriton as australia s largest residential home builder up more than 5000 housing starts from 2573 in fy2013 14 to 7929 . based on this figure new homes by meriton accounted for around 10 per cent of all multi unit dwellings commenced in australia and 29.5 per cent of all multi unit dwellings commenced in new south wales . meriton projects equated to approximately 0.05 per cent of australia s gdp . 5 meriton has about 15000 apartments in its development pipeline . in recent years meriton has shifted focus to providing retail recreational and childcare facilities alongside residential and serviced apartments . contents 1 history 2 properties 3 awards 4 see also 5 references 6 external links history edit meriton got its start after a young harry triguboff built his first home in roseville sydney in 1960 ; the builder he d hired let him down so he completed the job himself and developed a taste for construction . he then took on an eight block apartment project in tempe in 1963 with just three staff the apartments sold for 9750 each and the car space was an extra 500 . in 1969 he built a development of 18 apartments in meriton street gladesville nsw which gave rise to the company name . high rise harry as he became known built his fortune on tapping into a perceived need for affordable apartment housing particularly in the rush of post war migrants from countries where inner city apartment living was commonplace . after floating meriton on the stock exchange in 1969 harry triguboff bought back all the company s shares in 1973 . meriton has since remained a privately owned company shielded from the vicissitudes of the global financial markets . a downturn in the property market in the 1970s saw meriton withdraw some of its apartments for sale and rent them out instead . residential leasing now forms an important aspect of its business . the other arms of meriton include strata property management and property financing . in 1984 meriton expanded interstate to queensland with a focus on brisbane and the gold coast . properties edit infinity tower under construction april 2013 world tower in sydney opened by former prime minister john howard was completed in 2004 and is sydney s tallest residential building . 6 meriton tower in brisbane infinity tower the tallest building in brisbane . infinity on herschel street brisbane is set to be 81 storeys high and is due for completion at the end of 2013 . 7 the soleil site in adelaide street was the company s first project in brisbane . the initial design was rejected by the brisbane city council because of design and potential traffic issues . 8 the revised design later won an international property award for the best residential high rise development in australia . 9 awards edit the company has received a number of awards . international property awards 2013 2014 winner best residential high rise development in australia for soleil on adelaide street . 9 urban taskforce residential development awards 2013 winner residential development award for soleil on adelaide street . 10 2012 hia csr award for apartment project 10 storeys and over awarded for imperial haymarket nsw 2011 urban taskforce development excellence award for residential apartments awarded for portia southport qld 2009 urban taskforce development excellence award for affordable housing 2009 national trust s energy australia heritage award for conservation of built heritage awarded for crown square waterloo nsw 2003 best new building by the sydney magazine readers poll awarded for world tower sydney nsw 2002 hia award for australia s number 1 homebuilder 1998 master builders association award for housing contributions 1995 master builders association award for excellence in housing 1992 master builders association award for excellence in housing 1990 hia award for top homes see also edit australia portal sunland group references edit http www.propertyobserver.com.au finding residential investment new developments 36104 harry triguboff s meriton tops hia colorbond housing 100 builders list.html turi condon 16 may 2007 . meriton plans 70 storeys in brisbane . the australian . news limited . retrieved 26 september 2013 . turi condon 8 april 2010 . harry triguboff s meriton to build units on seven network site . the australian . news limited . retrieved 26 september 2013 . http www.theaustralian.com.au business property meriton adds to sale talk by releasing figures story fniz9vg9 1227165592119 https hia.com.au media hia % 20website files media % 20centre media % 20releases 2014 nsw meriton % 20apartments % 20leads % 20the % 20way % 20for % 20australias % 20housing % 20100 % 20 % 20nsw . ashx world tower . emporis . retrieved 2 october 2013 . http www.propertyobserver.com.au news a sight for sore eyes the top developments of the past year 2013091265004 fiona cameron 8 may 2008 . council rejects meriton tower . the australian . news limited . retrieved 26 september 2013 . a b asia pacific 2013 award winners . international property awards . retrieved 2 october 2013 . award winners 2013 . urban taskforce australia . retrieved 2 october 2013 . external links edit wikimedia commons has media related to meriton . official website http www.linkedin.com company meriton group retrieved from https en.wikipedia.org w index.php title meriton & oldid 722417956 categories 1963 establishments in australiacompanies established in 1963companies based in sydneyconstruction and civil engineering companies of australiahidden categories commons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured 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