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A former hospital site is getting a new lease on life

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A former hospital site is getting a new lease on life

An artist’s impression of the Queen Street Village at SouthportSource:Supplied

THE former Gold Coast Hospital site at Southport is getting a new lease on life, with the first residential apartment within a new $550 million integrated masterplanned community recently launched to the market.

Palladium – a 17-storey apartment tower with retail piazza – will be the first stage of the Queen Street Village, which will be built on the 3.2ha site.

Once completed, it will include residential apartment buildings, supermarket, retail and dining precincts, a medical centre, commercial office space, a 160 room hotel, and an
11-cinema complex.

A former hospital site is getting a new lease on life

An artist’s impression of the new Queen Street Village development.Source:Supplied

Queen Street Village marketing manager and TOTAL Property Group managing director Adrian Parsons said Palladium was in a highly sought-after location right in the heart of Southport, close to great healthcare and education facilities, and with the light rail station right on its doorstep.

“Palladium residents will enjoy a sense of community and pride of place by being part of Queen Street Village, a self-sustaining economy where businesses are supported by people that live and work in the area,” he said. It has one, two and three-bedroom apartments in a variety of floor plans, starting from $345,000.

A retail piazza will be constructed on the ground floor.

Queen Street Village is the latest project by Brisbane-based developer, Property Solutions.

The company was the developer behind projects such as James Street at Fortitude Valley, The Barracks at Paddington, SW1 at Southbank and the urban redevelopment of Nundah Village.

Property Solutions sales and marketing director Craig Wright said Queen Street Village and its residential buildings were designed with the owner-occupier in mind.

A former hospital site is getting a new lease on life

Adrian Parsons and Craig Wright at the site of Queen Street Village, Southport.Source:Supplied

“Now the development approval has been released by Gold Coast City Council, we are excited to be in a position to take expressions of interest for our forthcoming sales release of Palladium,” he said.

“Our showroom will be opening soon and one of the first things people will notice about Palladium apartments is the abundance of space, with very comfortable living and dining areas that open up to expansive balconies.”

Interested buyers are encouraged to register. They will then be the first to preview the range of floor plans, architectural detail, finishes, interior styling and images of the panoramic views beforePalladium is released to the general marketplace.

The $550 million Queen Street Village will be developed over the next six to eight years.

Source: www.news.com.au

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Developments

ASF Group Lodge Application for Super Slim Surfers Paradise Skyscraper

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gold coast skyscraper
gold coast skyscraper

The developer of the failed $3 billion casino bid at the Gold Coast spit has lodged a development application for a super-slim beachfront skyscraper on Garfield Terrace in Surfers Paradise.

The ASX-listed ASF Group submitted the proposal for 50 luxury residential units across 31-storeys on a tight 607sq m site.

The proposed tower will comprise 46 two-bedroom apartments, three sub-penthouses (four-bedroom apartments) and just one five-bedroom, ultra-prestige, three-storey penthouse.

ASF acquired the site in early 2016 for $4,860,000, signing on architecture firm Blight Rayner and landscape architecture firm Byrns Lardner to steer the landscape-heavy design.

The main pedestrian entrance to the tower will be via Thornton Street, with communal recreation facilities including a yoga room, gym, club lounge and outdoor “infinity” pool proposed for the ground floor.

The building will feature an “automatic valet parking” system, with an operable lift taking just 86 seconds to store a car after a driver exits the vehicle.

The addition of the car parking system will allow the developer to more than double the amount of car parking spaces on the small 600sq m site.

If approved, the 104-metre tower site will be one of four 30-plus storey towers approved by council within a one kilometre radius of the site.

gold coast skyscraper

The proposed tower neighbours the Northcliffe surf club and offers absolute beach front access.Image: Blight Rayner

A number of luxury residential projects are under way close to ASF’s Garfield Street proposal, as developer’s respond to the growing demand for larger apartments on the Gold Coast.

The development application pointed to continual renewal south of the Surfers Paradise centre – led by Yuhu Group’s Jewel – as the “centre zone of Surfers Paradise grows”.

“A series of approved towers, up to 30 storeys, are positioned within the precinct of the proposed site,” the application said.

Yuhu Group’s $1 billion luxury Jewel development reached topping out stage in mid-August.

ASF Group’s Australian projects include the “Au” towers in Surfers Paradise and Southport, a 4-star beachfront hotel at Main Beach and the masterplanned three-stage Peninsula Hope Island community.

In London, ASF has proposed the $9 billion Castle Green urban renewal project which, if approved, will include the building of 15,000 dwellings and 370,000sq m of commercial, retail and community buildings.

The tower will cost an estimated $35 million to build and will aim for a 4 Star Green Star rating.

Source: theurbandeveloper.com

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Developments

Multi-Million Revamp of Burleigh Beach Pavilion Under Way

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Multi-Million Revamp of Burleigh Beach Pavilion Under Way

Work is under way to restore and future-proof Burleigh’s iconic beachfront pavilion.

The $9 million renovations will extend the second floor dining space further out towards the ocean, effectively doubling the floor space with an extra 150sq m and catering for up to 600 customers.

New owners, Sydney hoteliers Ben May and Robert Magid purchased the Gold Coast’s Burleigh Pavilion back in 2016 for $10.5 million.

The purchase came in the wake of Cyclone Oswald which caused significant damage to the restaurant in 2013.

To future-proof the building, windows will now be able to be detached to allow the sea in, reducing damage to the exterior facade.

Long term tenant Rick Shores are currently undertaking their own renovations with service set to resume towards the end of August.

The refurbished, yet-to-be-named restaurant on the pavilion’s second floor, will be helmed by acclaimed Sydney chef Guillaume Zika.

The developer, May Hotels, have insisted the new venue will be accessible to all and price accessible, with patrons encouraged to “enjoy the best location on the coast in your boardshorts for the cost of a beer or a burger”.

New showers have also been proposed to allow diners arriving right after a surf or a swim.

May Hotel’s portfolio currently includes Manly Wharf Hotel, Mrs Sippy Double Bay, Pier One Sydney Harbour and The Harbour Rocks Hotel as well as The Lindrum Hotel in Melbourne.

Construction is marked for completion December 2018.

Source: theurbandeveloper.com

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Developments

Airport space hot property on the Gold Coast

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Airport space hot property on the Gold Coast

Airport Central is proving a top destination for Gold Coast businesses with a raft of new tenants joining the Gold Coast Airport commercial mix.

Two new tenants have recently taken space at the already bustling precinct, with childcare operator Edge Early Learning and inTechnology Distribution signing up to an area that boasts a university, shops, a petrol station, cafes, tech companies – and a busy aviation business.

Edge Early Learning, which was established in 2017 and already has five centres in Brisbane and another at Pimpama, has taken a 1,686sq m space at Airport Central.

The centre will open later in the year, employing about 30 local staff with capacity for 122 children.

Technology distribution and training company inTechnology Distribution, has taken a five-year lease on a 309sq m space with the ability to quickly move from desk to plane a key attractor.

Owner and tech entrepreneur Mark Winter said his clients could comfortably travel up from Sydney or Melbourne for a business meeting and be onsite at inTechnology a few minutes later, with no car ride needed.

“We’re a global technology distributor, so our clients and staff are frequent travellers,” Mr Winter said.

“From that perspective the airport location was a no-brainer. There are also great accommodation options nearby, for people staying overnight and the proposed Rydges Hotel at the airport will be great for accommodation and entertaining within a short walk from our office.

“The southern Gold Coast is coming into its own, and there is a great commercial mix with good amenity in the airport precinct.”

Edge Early Learning CEO Annie Bryce said the phone had started ringing and emails arriving before the ink dried on the lease.

“We put the feelers out to local businesses – the airport obviously and Southern Cross University, which has a high proportion of mature age students,” she said.

“We saw a gap in the market in that location, and the response confirms there is significant demand on the southern end.”

Queensland Airports Limited Executive General Manager Property and Infrastructure Carl Bruhn said Edge Early Learning an inTechnology had both sought a strategic location in a growing commercial area.

“They are in the heart of the southern Gold Coast, with big businesses and a strong residential catchment on their doorstep,” he said.

“Factoring in other major leasing deals in the pipeline, Airport Central is close to full occupancy.”

Airport Central is owned and occupied by Queensland Airports Limited and sits on 1.78 hectares, with more than 230 car parks. Tenants include Volcom, Freedom Fuel, Subway, Innovation Tank and InTechnology.

Limited office and retail space remains at Airport Central, with leasing rates ranging from $335 to $400/sq m.

About 1,014sq m of a-grade office space is also available in the nearby Ivy Pearce building, which has the Australian Federal Police as a key tenant.

Source: goldcoastairport.com.au

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