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Integrated real estate and design firm Mirvac and global architecture firm Populous have been named in the top 20 of BRW’s 50 Most Innovative companies 2015 in Australia.

Mirvac has placed 3rd in BRW’s 50 Most Innovative Companies for 2015 in Australia while Populous, with its main Australasian bases in Sydney and Brisbane, came in 16th. The list is prepared each year following detailed evaluation of hundreds of applications by BRW based on a range of measures such as formal innovation process and employee engagement.

Populous was noted for its work designing the Philippine Arena, Manila, the largest indoor arena in the world, while Mirvac was recognised for partnering with CSR to develop the building system ‘CSR Velocity’, consisting of wall panels and floor cassettes manufactured and assembled offsite in quality controlled conditions, then transported to site and erected.

The Philippine Arena, which opened in Manila in 2014, is a 50,000-seat indoor arena that required innovative thinking not only for the vast scale of the building, but also the technical challenges created by the brief to achieve a single focal point at the front of the arena.

Populous head of Australian projects, Senior Principal Richard Breslin said that their design solutions for a building the scale and size of the Philippine Arena have taken arena design a step forward.

The full list of BRW’s 50 Most Innovative Companies can be accessed online.