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Developer Lodges Plans for ‘Ultra High-End’ Tower in Broadbeach

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Developer Lodges Plans for ‘Ultra High-End’ Tower in Broadbeach
Brisbane real estate director John Kubatov has lodged plans with Gold Coast City Council for what would be the tallest residential building in Broadbeach.

The proposed 54-storey tower will replace an ageing two-storey unit block and neighbour the 50-storey Oracle which currently sits as the area’s tallest building.

The $100 million skyscraper will be named “Class Broadbeach” and target high-end occupants.

Just 46 apartments will be on offer, each spanning an entire 375 sq m level, with six spread over two or three floors.

Kubatov, who is the spokesperson for the developer Broadbeach Joint Venture, spent $7 million purchasing and taking options on units in Kurrawa Lodge and said that property research showed a gap in the market for ultra-high-end apartments at Broadbeach.

“If you look at people like Elon Musk and Taylor Swift, they’ve stayed at Oracle behind us in the penthouses, so we’re trying to leverage the possibility of a bit of notoriety staying in this building,” Kubatov said.

“It will deliver a compelling accommodation choice for celebrities and highly affluent visitors who wish to stay in the central Gold Coast as well as those who wish to buy an exclusive part of beachfront Broadbeach.”

Developer Lodges Plans for ‘Ultra High-End’ Tower in Broadbeach

Architects RH Frankland and Associates have designed the glass-clad skyscraper to mimic the natural elements of Broadbeach with vertical and horizontal green walls.

The site already has development approval for a 17-level residential tower, but the ambitious Class Broadbeach proposal will aim to offer a new level of opulence on the Gold Coast.

The site will also boast a unique automated stacker-system carpark, like those used in Tokyo and New York.

“That’s when you drive in, you hop out of your car and swipe a card, then the car goes down by itself on a conveyor belt-type situation,” said Kubatov.

The mechanised parking system will accommodate 94 off street parking bays spread over a four-level basement.

Class Broadbeach will join a slew of other recent development projects planned for the area including Little Project’s $220 million Signature Broadbeach, the Star Group’s $345 million The Star refurbishment, Spyre Group’s $79 million apartment project and the recently completed “The Beach” apartments.

Source: theurbandeveloper.com

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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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