In another exciting step for The Star Entertainment Group, the Queensland Government confirmed approval in December 2016 to build a new hotel and apartment tower on Broadbeach Island.
The 53-storey tower will incorporate residential, hotel and retail offerings and is to be developed adjacent to The Star Gold Coast with its existing refurbished five-star hotel, integrated resort amenities and new luxury suite hotel due for completion before the Gold Coast 2018 Commonwealth Games.
The tower will feature 423, one-bedroom and two-bedroom residential apartments across the upper 33 levels, in addition to approximately 300, 4.5-star hotel rooms over 13 levels, above a podium incorporating new food and beverage, resort facilities, car parking and retail offerings.
The Star Residences are due to be publicly launched to the market at the end of September.
Construction will commence pending satisfactory apartment pre-sales with an anticipated build time of around 36 months.
Together with the refurbishment of the property’s existing facilities and construction of a new luxury suite hotel before the Gold Coast 2018 Commonwealth Games, the projects take The Star Gold Coast’s total transformation to a combined investment of up to $850 million.