DrawDown Partners

𝐏𝐑𝐎𝐉𝐄𝐂𝐓 𝐔𝐏𝐃𝐀𝐓𝐄
Mercure Hotel – 488 La Trobe Street, West Melbourne VIC

Practical Completion achieved on 18 February 2026 on this nineteen-level, 195 room hotel development, comprising basement level staff and back of house facilities, ground-level carparking, hotel lobby and café and level 6 restaurant, bar and terrace

Project Manager – Neoscape
Client – Spacious Group
Financier – Bank of Melbourne
Quantity Surveyor - DrawDown Partners

Meet Kevin Liu, Quantity Surveyor at DrawDown Partners.

Starting his career in 2020, Kevin brings several years of industry experience spanning education, healthcare, residential, commercial, and industrial developments. His portfolio includes large-scale tertiary campus precincts and high‑value residential developments, where he supported cost planning, procurement, and project delivery services. He later transitioned into cost management roles focused on commercial and retail capital works programs, taking on project lead responsibilities and overseeing cost tracking, forecasting, and reporting for national rollout initiatives.

At DrawDown, Kevin supports multi-million-dollar residential and commercial developments, preparing cost estimates and verifications, as well as assessing post contract works and producing bank reports. He enjoys being involved early in the development process, building strong relationships with developers, financiers and contractors, and gaining hands-on site experience alongside his technical work. Kevin is particularly passionate about helping project teams understand their budgets, manage cashflow effectively and reduce financial risk to support successful project delivery.

Known for his diligence, attention to detail and approachable nature, Kevin enjoys unpacking complex challenges and contributing to collaborative, well-considered outcomes. Outside of work, he has a strong interest in performing art and contemporary dance, enjoys hiking and surfing, and is always keen to talk cinema, especially anything from A24. Fun fact: Kevin has an identical twin brother, and they were born just seven minutes apart!

Kicking off the festive season early and celebrating the year at the DrawDown team lunch on Friday!

Meet Nicolas Zambrano, Quantity Surveyor at DrawDown Partners.

With a background in construction management and real estate economics, Nicolas brings eight years of industry experience across projects valued at over $200 million. His work spans residential, hotels, student accommodation, build-to-rent, childcare, healthcare, retail, data centres and industrial developments.

Before joining DrawDown, he held roles as Assistant Project Manager, Cost Consultant and Cost Manager, advising on lifecycle costing, tax depreciation, sinking funds and replacement cost valuations.

At DrawDown, Nicolas delivers end-to-end cost management across a mix of residential, warehouse and townhouse projects. He loves being close to the development process and finds it rewarding to help shape the places where people live, work and learn.

Known for his calm approach, strong time management and attention to detail, Nicolas thrives under pressure and enjoys solving problems with a collaborative mindset.

Outside of work, you’ll usually find him exploring Melbourne’s restaurant scene. His long-time favourite? Pastuso, a Peruvian spot in the CBD.

𝐏𝐑𝐎𝐉𝐄𝐂𝐓 𝐔𝐏𝐃𝐀𝐓𝐄
30B First Street, Black Rock VIC

Construction is now complete and the two architecturally designed townhouses in Black Rock are officially listed for sale. Each home features a 4-bed, 3-bath layout with high-quality materials and refined detailing throughout. A well-delivered coastal development from start to finish.

Client – Novo Developments
Quantity Surveyor - DrawDown Partners

PROJECT UPDATE: Winterset Lodge Estate, 1005 Ballan Road, Manor Lakes VIC

A Masterplanned Community.

Nestled in a scenic and growing corridor, Winterset Lodge Estate is a thoughtfully designed, multi-staged residential development that blends modern living with natural surrounds. As this estate comes to life, our Quantity Surveying team ensures each stage progresses with structured oversight.

From initial budget verification to ongoing drawdown assessments, we ensure funds are released in alignment with certified progress and contractual obligations. Our detailed reporting framework provides transparency across all stages, giving the financier the confidence that the project is being delivered within budget, on time, and in accordance with agreed scope

Developer: Winterset Lodge Pty Ltd
Contractor: Rokon Pty Ltd

PROJECT UPDATE: 31 - 53 Cremorne Street, Cremorne

Located in the heart of Cremorne, 33 Cremorne is a premium 10-level commercial building offering over 17,000sqm of A-grade office space and 2,900sqm of retail. Designed for modern businesses, it delivers a CBD-quality workplace with strong street presence, exceptional amenity, and close proximity to public transport and Melbourne’s city centre.

Developer: Vicland
Contractor: Maxcon Constructions Pty Ltd

PROJECT UPDATE: Ramlegh Springs, 50s Ramlegh Boulevard, Clyde North

Ramlegh Springs Village is a new neighbourhood shopping centre in Clyde North, set to feature full-line Woolworths and Aldi supermarkets alongside a mix of everyday retailers. Positioned between Tuckers Road and Ramlegh Boulevard, the family-friendly precinct is under construction and is expected to open for trading in early 2026.

Developer: APD Projects
Contractor: Becon Constructions

PROJECT UPDATE:
227 Napier Street, Fitzroy

Located in the heart of Fitzroy, ns227 (227 Napier Street) is a boutique seven-level development of just 10 generously sized residences. Architecture and Interiors by Warren and Mahoney, the project blends classical European elegance with contemporary Melbourne living, offering private rooftop access, basement carparking, and refined, timeless finishes in a truly walkable location.

Developer: JMSN
Contractor: Kronstruct Pty Ltd